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NCLT

CIRP against Corporate Debtor admitted as debt and default proved by way of ledger confirmation

October 31, 2025 552 Views 0 comment Print

NCLT Ahmedabad held that application under section 7 of the Insolvency and Bankruptcy Code, 2016 [IBC] against Corporate Debtor [M/s. C M Smith and Sons Limited] for initiation of Corporate Insolvency Resolution Process [CIRP] admitted as debt as well as default is established by way of ledger confirmation.

CIRP against Corporate Debtor admitted as operational debt and default established

October 30, 2025 639 Views 0 comment Print

NCLT Cuttack held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Corporate Debtor [ASB Energy Systems and Construction Pvt. Ltd.] is admitted as operational debt and default thereon is admitted.

Section 9 application for initiation of CIRP admitted as operational debt and default admitted

October 30, 2025 465 Views 0 comment Print

NCLT Ahmedabad held that application under section 9 of the Insolvency and Bankruptcy Code [IBC] for initiation of Corporate Insolvency Resolution Process [CIRP] against Synergy Food and Agro Processors Private Limited [Corporate Debtor] admitted as operational debt and default thereon is admitted.

Liquidation of Garvit Innovative Promoters Ltd. admitted as approved by CoC

October 29, 2025 921 Views 0 comment Print

NCLT Prayagraj held that liquidation of Corporate Debtor [Garvit Innovative Promoters Ltd.] in terms of application filed under section 33(2) of the Insolvency and Bankruptcy Code admitted as approved in 7th CoC meeting. Accordingly, the present application is allowed.

CIRP of ACCIL Corporation Pvt. Ltd. admitted as debt and default duly established

October 28, 2025 918 Views 0 comment Print

NCLT Jaipur held that application under section 7 of the Insolvency and Bankruptcy Code [IBC] for initiation of Corporate Insolvency Resolution Process [CIRP] of ACCIL Corporation Pvt. Ltd. [Corporate Debtor] admitted as debt and default stands duly established.

Liquidation of Multicity Hospitals LLP directed in terms of section 33(2) of IBC

October 28, 2025 1683 Views 0 comment Print

NCLT Mumbai held that application for liquidation of Corporate Debtor [Multicity Hospitals LLP] in terms of section 33(2) of the Insolvency and Bankruptcy Code [IBC] is allowed as decided by members of CoC.

Liquidation of Unitech Transformers Pvt. Ltd. directed in terms of section 33(2) of IBC

October 28, 2025 1776 Views 0 comment Print

NCLT Mumbai held that Corporate Debtor Unitech Transformers Pvt. Ltd. is ordered to be liquidated in terms of provision of section 33(2) of the Insolvency and Bankruptcy Code as approved by members of CoC with 83.32% voting share.

Operational debt and default thereon established hence CIRP application u/s. 9 of IBC admitted

October 27, 2025 414 Views 0 comment Print

NCLT Cuttack held that application under section 9 of the Insolvency and Bankruptcy Code for initiating Corporate Insolvency Resolution Process [CIRP] against Bhilai Jaypee Cement Limited [Corporate Debtor] is liable to be admitted since operational debt and default is proved.

CIRP application u/s. 9 of IBC admitted as operational debt and default thereon proved

October 27, 2025 456 Views 0 comment Print

NCLT Mumbai held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process (CIRP) against Cab-Eez Infra Tech Limited [Corporate Debtor] admitted as operational debt and default thereon established.

CIRP against Blu-Smart Mobility Tech Pvt. Ltd. initiated as debt and default established

October 27, 2025 624 Views 0 comment Print

NCLT Ahmedabad held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Blu-Smart Mobility Tech Private Limited (Corporate Debtor) as operational debt and default in payment established.

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