SC holds Benami Act attachments cannot be challenged before NCLT, upholds IBC moratorium limits
The Supreme Court has delivered a significant ruling clarifying the boundaries between the Insolvency and Bankruptcy Code and the Prohibition...
NCLAT
NCLAT dismisses appeal of Byju’s RP in Aakash shareholding dispute
The National Company Law Appellate Tribunal (NCLAT) on Thursday dismissed an appeal filed by Shailendra Ajmera, a partner at Ernst...
SC quashes Bhushan Power and Steel resolution; orders liquidation
In a decisive verdict that underscores the sanctity of India’s insolvency framework, the Supreme Court on Friday quashed JSW Steel’s...
NCLAT allows banks to pursue action against former IL&FS directors not on current board
The National Company Law Appellate Tribunal (NCLAT) has allowed Canara Bank and Indian Bank to proceed with actions to classify...
NCLAT judge recuses himself from Byju’s insolvency case hearing
A National Company Law Appellate Tribunal (NCLAT) judge recused himself from hearing Byju's appeal for an interim stay on the...
Lenders reject one-time settlement proposal of Jaiprakash Associates promoters
Lenders of Jaiprakash Associates Ltd (JAL) led by ICICI Bank have rejected the modified one-time settlement proposal, in which the...
NCLAT asks ICICI to consider OTS proposal in Jaiprakash Associates case
Insolvency appellate tribunal NCLAT has issued a notice to ICICI Bank over the plea of Jaiprakash Associates Ltd and said...
NCLT approves Rs 9,661 cr IIHL resolution plan for Reliance Capital
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Rs 9,661 crore resolution plan submitted by...
Ujaas Energy resolution back on track after NCLAT reverses NCLT order
The National Company Law Appellate Tribunal (NCLAT) in a recent verdict overturned a January 2023 order of NCLT, in which...
NCLAT stays insolvency proceedings against Zee
In a major relief to Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed...