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Preference Share Extension Not Reissuance if Within Statutory Limit: NCLT

Company Law : The case examined whether extending redemption timelines amounts to reissuance. The Tribunal held that extensions within statutory...

March 31, 2026 363 Views 0 comment Print

NCLT Steps In Where Process Fails: Why CoC Wisdom Is No Longer an Absolute Shield

Corporate Law : This analysis explains how NCLT continues to respect CoC commercial wisdom but now intervenes when procedures, legality, or fairne...

November 15, 2025 522 Views 0 comment Print

RTI Findings on NCLT/NCLAT Functioning, Vacancies & Transparency

Corporate Law : RTI inquiry into NCLT/NCLAT reveals member vacancies, lack of consolidated case data, and opaque appointments, highlighting need f...

September 27, 2025 3099 Views 0 comment Print

Strengthening Financial Integrity: NCLT Permits Fraud Flags During IBC Proceedings

Corporate Law : The NCLT has ruled that banks can classify accounts as fraudulent during IBC proceedings, clarifying that a moratorium does not sh...

August 21, 2025 1215 Views 0 comment Print

Moratorium Under IBC Applies to All Proceedings: NCLT Mumbai

Corporate Law : NCLT rules that the IBC's moratorium applies to all proceedings against a corporate debtor, including quasi-judicial and assessmen...

August 18, 2025 918 Views 0 comment Print


Latest News


ICSI Request for Priority Listing under Companies Act & IBC at NCLT

Company Law : ICSI raised concerns over delays in NCLT hearings affecting corporate restructuring and insolvency matters. It emphasized the need...

April 1, 2026 183 Views 0 comment Print

ICSI Requests for Establishment of NCLT Bench at Pune, Maharashtra

Company Law : ICSI has urged the government to set up an NCLT Bench in Pune citing 30,600 pending cases and prolonged insolvency timelines. The ...

February 14, 2026 330 Views 0 comment Print

ICSI Requests for Establishment of NCLT Bench at Patna, Bihar

Company Law : With insolvency cases taking up to 853 days against the 330-day mandate, concerns over NCLT backlog have intensified. A new bench ...

February 14, 2026 333 Views 0 comment Print

Appeals From NCLT To NCLAT And Supreme Court

Corporate Law : From 2022-23 to 2024-25, appeals filed at NCLAT rose steadily, with IBC cases forming the majority, reflecting active engagement i...

December 15, 2025 870 Views 0 comment Print

Important Case Laws related to IBC 2016 – July – September 2025

Corporate Law : Supreme Court ruled that CoC and RP can surrender financially burdensome assets voluntarily, clarifying moratorium under section 1...

November 20, 2025 5070 Views 0 comment Print


Latest Judiciary


CIRP Initiated as Financial Debt and Default Established with Documentary Evidence: NCLT Mumbai

Corporate Law : Bank of India Vs Neurostar Hospital Private Limited (NCLT Mumbai) The application was filed under Section 7 of the Insolvency and ...

April 18, 2026 147 Views 0 comment Print

470-Day Delay in Claim Filing Condoned Due to Debtor’s Concealment of Mortgage Details

Corporate Law : The issue involved rejection of a delayed claim in bankruptcy proceedings. The Tribunal held that concealment of material facts by...

April 18, 2026 111 Views 0 comment Print

Dormancy to Dominance of Class Action Suits: Jindal Poly Case

Corporate Law : The tribunal permitted substitution of original petitioners with a new shareholder after transfer of shares. The key takeaway is t...

April 16, 2026 204 Views 0 comment Print

Section 9 application under IBC admitted against Trivenimudrai Projects Ltd. as default established

Corporate Law : NCLT Mumbai held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Res...

April 13, 2026 201 Views 0 comment Print

CIRP Admitted Due to Established Loan Default Despite Pending Arbitration Challenge

Corporate Law : The Tribunal held that default under the loan agreement existed independently of the arbitral award challenge. It ruled that absen...

April 13, 2026 153 Views 0 comment Print


Latest Notifications


NCLT Members Assigned to Benches – February 2025 Update

Corporate Law : Details of Judicial and Technical Members assigned to NCLT benches across India as per the latest order issued by the Ministry of ...

February 28, 2025 2583 Views 0 comment Print

IBBI Disciplinary Committee disposes Chetan Patel Case

Corporate Law : Read about the case involving Chetan Patel, an Insolvency Professional, with detailed analysis of alleged contraventions and submi...

April 3, 2024 849 Views 0 comment Print

IBBI Suspends Insolvency Professional for Auction Irregularities

Corporate Law : IBBI Disciplinary Committee suspends Sanjay Singh, an Insolvency Professional, for irregularities in the e-auction process. Detail...

February 16, 2024 939 Views 0 comment Print

NCLT Chandigarh: Bench 2 Cases Transferred to Bench 1

Company Law : Explore the order dated 03.02.2024 from NCLT Chandigarh transferring all pending cases from Bench 2 to Bench 1. Detailed analysis ...

February 3, 2024 1176 Views 0 comment Print

Govt invites applications for the post of Judicial & Technical Members in NCLT

Corporate Law : Filling up of 05 (Five) posts of Judicial Member and 05 (Five) posts of Technical Members in the National Company Law Tribunal (NC...

June 6, 2023 1854 Views 0 comment Print


Settlement Agreement Breach Not Grounds for CIRP under I&B Code

June 24, 2024 762 Views 0 comment Print

NCLT Kolkata ruled that breaches in settlement agreements do not qualify as operational debt under Section 5(21) of IBC. Full analysis of Amrik Cranes vs Simplex case.

Indemnity obligations under a guarantee do not constitute operational debt: NCLT

June 24, 2024 735 Views 0 comment Print

NCLT Chandigarh rules indemnity obligation under guarantee is not an operational debt in the case of Agarwal Foundries vs. POSCO E&C. Read the full judgment analysis.

NCLT Halts Byju’s Second Rights Issue Amid Mismanagement Allegations

June 24, 2024 957 Views 0 comment Print

Explore the legal case MIH Edtech Investments B.V. & Ors. vs. Think & Learn Pvt. Ltd. & Ors. in NCLT Bengaluru under Companies Act, 2013. Detailed analysis of Section 242(4) applications, allegations of oppression, mismanagement, and interim orders.

NCLT approves resolution plan of Teknik Plant and Machinery MFG. Co. Pvt. Ltd.

June 24, 2024 546 Views 0 comment Print

Dive into the NCLT Mumbai judgment of H R Bearing Corp. Vs Teknik Plant and Machinery. Detailed analysis, implications, and conclusions explored.

NCLT Delhi approves resolution plan for Era Infra Engineering Limited

June 24, 2024 1788 Views 0 comment Print

Explore the detailed analysis of Union Bank vs. Era Infra Engineering Ltd case, covering the NCLT Delhi judgment, resolution plan approval, objections, and final decision.

NCLT’s admits insolvency proceedings against Himalayan Mineral Waters

June 24, 2024 465 Views 0 comment Print

Read the detailed NCLT judgment on Jammu and Kashmir Bank’s application against Himalayan Mineral Waters for defaulting Rs 50 crore, leading to insolvency proceedings.

CoC Can Liquidate Corporate Debtor Before Resolution Plan Confirmation: NCLT Delhi

June 23, 2024 387 Views 0 comment Print

NCLT Delhi: CoC in legislative scheme is empowered to take decision to liquidate Corporate Debtor, any time after its constitution and before confirmation of resolution plan

NCLT should not interfere with commercial wisdom of company’s stakeholders: NCLAT

June 21, 2024 990 Views 0 comment Print

NCLAT Delhi rules NCLT lacks jurisdiction to modify appointed dates in commercial schemes once the Company Board approves. Read the detailed analysis and full judgment.

Moratorium excludes government-notified transactions of essential goods/services & surety in a contract of guarantee

June 21, 2024 414 Views 0 comment Print

Read the full text of NCLT Delhi’s judgment in Manish Aneja & Ors. Vs Revital Reality Private Limited under Insolvency and Bankruptcy Code, 2016, Section 7. Financial creditors seek CIRP for default on Rs. 31.22 Cr debt.

NCLT/NCLAT is Not the Proper Forum for Individual Share Transfer Disputes: HC

June 21, 2024 1692 Views 0 comment Print

Explore the Telangana High Court judgment on Cherukuri Ramakrishna vs Sandhya Hotel Pvt Ltd. Detailed analysis of rejection of plaint under Companies Act provisions and arbitration clause.

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