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MCA Expands Fast-Track Mergers, Easing Mid-Market Restructuring Beyond NCLT

Company Law : The MCA introduced a risk-based eligibility framework allowing more companies to access fast-track mergers. By replacing size crit...

April 27, 2026 528 Views 0 comment Print

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 660 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 600 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 3267 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 1458 Views 0 comment Print


Latest News


Latest Case Law Related to IBC 2016: January to March 2026

Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...

May 21, 2026 348 Views 0 comment Print

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 282 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 429 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 465 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 990 Views 0 comment Print


Latest Judiciary


NCLT Rejects Section 95 Petition Due to Non-Invocation of Personal Guarantee

Corporate Law : The NCLT held that insolvency proceedings against a personal guarantor cannot proceed unless the guarantee has been specifically i...

June 11, 2026 186 Views 0 comment Print

NCLT Rejects CIRP Plea as Alleged Operational Debt Was Based on Unreliable Documents

Corporate Law : The NCLT dismissed the insolvency application after finding that the agreements forming the basis of the alleged operational debt ...

June 11, 2026 129 Views 0 comment Print

NCLT Approves ₹17.25 Cr Resolution Plan After CoC Endorsement & Regulatory Compliance

Company Law : While approving the resolution plan, NCLT clarified that exemptions relating to taxes, duties, and statutory compliances must be o...

June 9, 2026 99 Views 0 comment Print

NCLT Clears LLP Merger While Preserving Tax Authorities’ Right to Examine Tax Avoidance Issues

Corporate Law : Although the Scheme was sanctioned, the Tribunal clarified that the Income Tax Department remained free to investigate any tax imp...

June 9, 2026 192 Views 0 comment Print

NCLT Admits CIRP as Operational Debt, Default & Acknowledgment of Liability Established

Company Law : The Tribunal admitted insolvency proceedings after finding documentary evidence of operational debt, part payment, ledger confirma...

June 7, 2026 102 Views 0 comment Print


Latest Notifications


NCLT Allows Single Member Benches to Hear Cases to Reduce Pendency and Speed Up Disposal

Corporate Law : The order permits single judicial members to handle procedural and uncontested matters. It ensures faster case disposal while pres...

April 27, 2026 423 Views 0 comment Print

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 2793 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 942 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 1023 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 1281 Views 0 comment Print


NCLT’s admits insolvency proceedings against Himalayan Mineral Waters

June 24, 2024 513 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 432 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 1119 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 453 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 1782 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.

NCLT directs repayment of preferential payment made to certain creditors

June 16, 2024 894 Views 0 comment Print

NCLT Mumbai ruling: Fraudulent intent is unnecessary for transactions under Section 43 of IBC, based on Ankur Kumar vs. Jitendra Kikavat & others case.

Share Allotment at Concessional Price is Oppressive to Existing Members: NCLT

June 15, 2024 1404 Views 0 comment Print

Full text of the NCLT Mumbai judgment in Ajay Tajpuriya vs Goel Ganga Infrastructure case. Detailed analysis of the order concerning oppression and mismanagement.

No Hearing Mandated for RP Appointment under IBC: NCLT

June 15, 2024 747 Views 0 comment Print

Read about NCLT’s ruling on the appointment of a Resolution Professional under IBC Section 97(5) in the case of Siri Kishan Aggarwal.

Electricity dues not part of resolution plan gets extinguished upon CIRP approval

June 15, 2024 741 Views 0 comment Print

Meghalaya High Court ruling states pre-takeover electricity dues cannot be recovered from present owner under IBC. Detailed analysis of the judgment provided.

After Resolution Plan Approval, Corporates Begin Anew with Extinguished Claims

June 15, 2024 510 Views 0 comment Print

Calcutta High Court ruling emphasizes NCLT approval’s impact on corporate entity’s clean slate post-insolvency. Detailed analysis on Union of India vs. Ramswarup Lohh Udyog case.

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