https://www.thehindubusinessline.com/economy/insolvency-cases-dominate-nclt-backlog-pending-cases-cross-12000/article69341511.ece Copy Insolvency related matters ...
A two-member New Delhi-based bench held the insolvency petition filed on behalf of 113 allottees of Ajnara Ambrosia as ...
NCLT declares Kapil Wadhawan bankrupt in a Rs 4546 crore default case, detailing consequences for the former DHFL promoter ...
Icra said improvement in approved resolution plans would depend on continued strengthening of NCLT benches and an increase in ...
Experts said both NCLT and NCLAT don't have sufficient strength to handle cases. Even though the government has just appointed 24 members to the National Company Law Tribunal (NCLT) ahead of the Union ...
The insolvency tribunal has directed the handover of the "management and control" of the Corporate Debtor (Nobility Estates) back to its board of directors, which was suspended after the initiation of ...
On October 30, 2023, the then Chief Justice of India (CJI) said in open court that “…NCLT (National Company Law Tribunal) and NCLAT (National Company Law Appellate Tribunal), except for its ...
The National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found ...
The company has now shared the cost allocation ratio for shareholders in its exchange filing. Vedanta said shareholders will have to divide their original acquisition cost across five companies after ...
On June 13, the NCLT directed to initiate insolvency proceedings against two firms - Gensol Engineering and Gensol EV Lease, admitting the petitions filed by the Indian Renewable Energy Development ...
NEW DELHI: In a rare move, NCLT has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure in July 2023, saying the plea was initiated with ...
As NCLT completes 10 years, Justice M.M. Kumar reflected on its journey from a resource-constrained institution to a key pillar of India's insolvency framework. He highlighted its role in implementing ...