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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 180 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 189 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 2787 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 Orders Surplus CIRP Profits to Financial Creditors, Aligning with Resolution Plan Terms

March 21, 2024 1014 Views 0 comment Print

NCLT Mumbai’s ruling clarifies allocation of profits during CIRP period, favoring financial creditors when Resolution Plan and RFRP are silent. Learn more about Kalyan Janata Sahakari Bank Ltd. Vs Arun Kapoor case.

NCLT Must Allow SRA Opportunity Before Directing CoC on Management’s Settlement Proposal: NCLAT

March 9, 2024 948 Views 0 comment Print

Read how NCLAT Delhi ruled that NCLT cannot direct Committee of Creditors without giving an opportunity to Successful Resolution Applicant (SRA) in the case of One City Infrastructure Pvt. Ltd. Vs Pratham Expofab Private Limited.

NCLAT Rules NCLT Can Decide Trademark Issues in IBC Cases

March 3, 2024 1482 Views 0 comment Print

Gloster Cables claims ownership of the GLOSTER trademark in a dispute with Fort Gloster during insolvency proceedings. Learn about the arguments on jurisdiction, assignment validity, and the impact of the BIFR order.

NCLT Kochi: Rs. 50,000 Cost Levied on GST Department for Violating Moratorium

February 26, 2024 1545 Views 0 comment Print

Explore the NCLT Kochi judgment imposing a cost of Rs. 50,000 on the GST department for search and seizure during the moratorium in the K. Easwara Pillai vs. GST Department case.

Commercial contract for purchase of NCDs is not ‘financial debt’: NCLT Mumbai

February 22, 2024 744 Views 0 comment Print

Understanding the recent NCLT Mumbai case between Edelweiss and Ajmera Realty. Find out the legal arguments, implications, and findings in this comprehensive article.

SC Directive on Hybrid Hearings/video conferencing: Key Steps & Deadlines

February 21, 2024 1005 Views 0 comment Print

Explore the Supreme Courts recent directive on hybrid hearings, detailing High Courts responses, infrastructure challenges, and the roadmap for technological adoption in the legal system.

Latest Case Law Related to IBC – October to December 2023

February 19, 2024 2220 Views 0 comment Print

Explore significant legal developments, Supreme Court verdicts, and detailed analyses in the Q4 2023 newsletter. Stay informed on critical issues in the legal landscape.

Liquidator obliged to explain delays in liquidation process under IBC, 2016

February 18, 2024 1092 Views 0 comment Print

Learn from the NCLT Chennai judgment in State of Tamil Nadu Vs S. Rajendran about the liquidator’s obligation to explain delays in the liquidation process under IBC, 2016.

Non-Acceptance of Goods Doesn’t Constitute Operational Debt under IBC: NCLT

February 16, 2024 972 Views 0 comment Print

Explore the NCLT judgment in Adishank vs. Baerlocher case under Section 9 of IBC. Analysis of non-acceptance of goods as operational debt, dispute resolution, and implications

IBBI Suspends Insolvency Professional for Auction Irregularities

February 16, 2024 1023 Views 0 comment Print

IBBI Disciplinary Committee suspends Sanjay Singh, an Insolvency Professional, for irregularities in the e-auction process. Details of the case and findings.

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