Tag
Court Proceedings
125 articles
Legal proceedings across various sectors continue to shape the Indian business landscape. The Supreme Court dismissed appeals related to tax matters, a railway dispute, and Ultratech Cement, while adjourning a case involving MDO Realty. Meanwhile, the National Company Law Tribunal (NCLT) addressed insolvency petitions and hearings for companies like Embassy Developments, Neelkanth Surgical, and Jaiprakash Associates, alongside adjudicating on guarantor applications and execution petitions. These ongoing court cases highlight the complex legal environment impacting corporate India and underscore the importance of navigating regulatory risks for investors and businesses.
Supreme Court Dismisses Jaipur Tax Appeal
Supreme Court heard civil appeal by Principal Commissioner of Central Excise & CGST Jaipur against Rajasthan State Road Transport Corporation.
Appeal challenged a 06 Jan 2026 order of the Customs, Exc
MDO Realty Stay Adjourned to May 21
Supreme Court heard Civil Appeal No. 5056/2022 filed by MDO Realty Pvt Ltd against University of Delhi & others.
The matter was listed on 20 May 2026 before Justices Dipankar Datta and Augustine Georg
Embassy Developments FY26 Pre-Sales Surge 128% YoY
Embassy Developments reported record FY26 pre-sales of INR 4,631 Cr, a 128% YoY increase, with Q4 pre-sales hitting INR 2,632 Cr.
The company secured favorable legal outcomes, with NCLAT setting aside
Ultratech Cement SLP Dismissed, Prompt HC Disposal
Supreme Court dismissed Ultratech Cement’s Special Leave Petition (SLP) No. 17111/2026, arising from a High Court judgment dated 20‑Feb‑2026.
The Court, comprising Justices Pamidighantam, Narasimha an
Supreme Court Dismisses SLP Against Southern Railway
Supreme Court heard Special Leave Petition No. 16268/2026 filed by G. Bharathi contesting the High Court’s judgment dated 18‑03‑2026.
The Court, comprising Justices Pamidighantam and Narasimha, declin
Talera Hoteliers Contempt Petition Delay Condoned by SC
Supreme Court condoned delay in Talera Hoteliers' contempt petition, finding no deliberate disobedience of the May 24, 2024 order.
Court directed Pune Small Causes Court to dispose CMA Nos. 25 and 5 o
U.P. State Road Transport Withdraws IA 44546
The Supreme Court, on 18 May 2026, allowed U.P. State Road Transport Corp to withdraw IA No. 44546/2026.
The court dismissed IA No. 44546/2026 and ordered the miscellaneous application No. 1591/2026 t
NCLAT Lists Transline Technologies vs Experio Tech Appeal
NCLAT Principal Bench lists Company Appeal (AT) (Insolvency) No. 507 of 2025 for hearing on July 20, 2026.
Appellant Transline Technologies Ltd. is represented by advocates Mr. Amit Kr. Singh and Mr.
NCLT Kolkata Condones Bank of Baroda Guarantor Application Delay
NCLT Kolkata condoned a 9-day delay in filing an insolvency application against personal guarantor Mrs. Prabha Singh for corporate debtor Kakan Rice Mill Pvt. Ltd.
The tribunal appointed Resolution Pr
NCLT Adjourns SBI vs Simbhaoli Guarantor Hearing
NCLT Allahabad Bench adjourns hearing for two insolvency petitions filed by State Bank of India against personal guarantor of Simbhaoli Sugars.
Adjournment granted until July 7, 2026, due to unavailab
Embassy Developments FY26 Consolidated Loss ₹8.97B
Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, reporting a consolidated net loss of ₹8,724.75 million for FY26.
Appointed Mr. Chirag Boonlia a
NCLT Adjourns Neelkanth Surgical Insolvency Hearing
NCLT Allahabad Bench adjourns hearing in Neelkanth Surgical Industries insolvency case to July 6, 2026.
Case involves corporate insolvency resolution process initiated under Section 7 of IBC.
No parti
Saurav Misira Enterprises Insolvency Hearing Adjourned
NCLT Allahabad Bench adjourns hearing for Saurav Misira Enterprises Pvt Ltd insolvency resolution to June 5, 2026.
The case involves corporate insolvency resolution process under Section 9 of IBC agai
Shivam Traders Execution Petitions Adjourned to June 2026
NCLT Allahabad adjourns eight execution petitions against Shivam Traders and Hire Purchase Pvt Ltd to 8th June 2026.
All petitions relate to alleged violations of Section 45QA of the RBI Act, 1934, an
NCLT Allahabad Adjourns SAIL vs Jaiprakash Associates Hearing
NCLT Allahabad adjourns hearing to July 6, 2026 in SAIL's petition against Jaiprakash Associates under Companies Act.
Case involves petition under Sections 241/242 of Companies Act, 2013 against respo
NCLT Bareilly Highways Insolvency Petition Hearing Update
NCLT hears State Bank of India's Section 7 insolvency petition against Bareilly Highways Project Limited.
Tribunal condones 7-day delay in filing reply, takes reply on record for merits adjudication.
Instakart Services NCLT Petition Against Reinvent Agrochain
Instakart Services filed an insolvency petition against Reinvent Agrochain for defaulting on Rs 7.48 crore admitted debt.
Reinvent Agrochain acknowledged liability via email and signed a settlement ag
NCLT Dismisses Kashyap Motors Restoration Applications
NCLT dismisses two restoration applications for COMPANY APPEAL (IBC)/9/ND/2024 due to filing beyond the 30-day statutory period and lack of valid grounds.
The applications were filed by Smt Sarita and
PNB Insolvency Application Against SVOGL Under IBC
Punjab National Bank filed an insolvency application under Section 7 of IBC 2016 against SVOGL Oil Gas and Energy Limited.
NCLT issued notice questioning application maintainability due to company's l
NCLT Lists Punjab National Bank Bansal Diamonds Liquidation
NCLT lists new interlocutory application IA-15/2026 for hearing on 25 May 2026 alongside existing IA-2023/2026.
Punjab National Bank is the petitioner against corporate debtor Bansal Diamonds Pvt Ltd
CFM ARC Files ₹504.8 Cr Pyramid Realtors Insolvency Petition
CFM Asset Reconstruction filed a ₹504.80 crore insolvency petition against Pyramid Realtors under Section 7 of IBC 2016.
The petitioner served advance notice and filed default information with NeSL, c
NCLT Adjourns BA Builders vs Fortis Hospital Case
NCLT New Delhi adjourned hearing in Gurbakhsh Singh BA Builders vs Fortis Hospital insolvency petition due to power failure.
Case TP (Co. Act.)- 28(PB)/2024 (Old CP No. 354/2015) was renotified for ne
Nulife Hospital vs NCR Healthways NCLT Insolvency Petition
NCLT lists substitution application for deceased petitioner in Nulife Hospital's insolvency petition against NCR Healthways.
Petition was previously dismissed for non-prosecution but restored by the t
NCR Healthways Insolvency Petition Hearing Adjourned
NCLT adjourns Section 7 IBC insolvency petition against NCR Healthways Pvt. Ltd. to July 2026.
Petition was previously dismissed for non-prosecution in 2023 but restored by the tribunal in March 2026.
NCLAT Lists IL&FS Case for Orders on June 22
NCLAT lists the Union of India vs IL&FS appeal for passing orders and hearing interim applications on June 22, 2021.
Multiple parties, including GAIL India and HDFC, filed applications for interventio
NCLAT Lists IDBI Bank vs Deccan Chronicle Insolvency Appeals
NCLAT hears multiple interlocutory applications in interconnected insolvency appeals filed by IDBI Bank and Deccan Chronicle entities.
The Resolution Professional cites a fund shortage preventing the
Pawan Kumar Appeals Utsav Securities Liquidation
Appellant Pawan Kumar seeks urgent NCLAT hearing against Utsav Securities' liquidation application.
Respondent 1 claims lack of service, requests appeal papers; Appellant alleges deliberate delay.
RP
JM Financial ARC Appeals NCLT Order Delay
JM Financial ARC appeals to NCLAT over NCLT's delay in pronouncing a reserved order beyond the 30-day rule.
The appellant cites Rule 150 of NCLT Rules 2016, which mandates orders be pronounced within
NCLAT Adjourns Vipul Ltd and Solitaire Capital Hearing
NCLAT adjourned hearing for Vipul Ltd's appeal against Solitaire Capital to June 17, 2021.
Appellants requested urgent hearing citing opposing party's interim relief advantage.
Tribunal denied date ch
NCLAT Restores Maithan Alloys Insolvency Appeal
NCLAT restores State Bank of India's insolvency appeal against Maithan Alloys per Supreme Court order.
Maithan Alloys files application expressing willingness to comply with NCLAT's earlier directions
SVS Marketing vs Kajaria Bathware NCLAT Appeal Hearing Scheduled
NCLAT schedules next hearing for July 23, 2026 in insolvency appeal between SVS Marketing and Kajaria Bathware.
Appeal filed by SVS Marketing Sanitaryware against Kajaria Bathware under Company Appeal
NCLAT Adjourns R.P. Info System Insolvency Appeal
NCLAT Principal Bench adjourns Kaustuv Ray's insolvency appeal against State Bank of India to August 2026.
Appeal filed by suspended director of R.P. Info System Ltd. challenges proceedings initiated
Utkarsh SFB NCLT Amalgamation Hearing Set July 23
Utkarsh Small Finance Bank updates on NCLT amalgamation scheme with Utkarsh CoreInvest, filed April 5, 2026.
NCLT Bengaluru Bench order uploaded May 20, 2026 schedules joint petition hearing for July
Ashok Tiwari vs DBS Bank India NCLAT Appeal
NCLAT lists insolvency appeal filed by Ashok Tiwari against DBS Bank India Ltd for hearing on 28 May 2026.
Appeal challenges proceedings involving DBS Bank India and asset reconstruction company ACRE.
NCLAT IL&FS Proceedings Multiple Intervenor Applications
NCLAT disposes of Indian Bank application as infructuous post-distribution completion.
Directs EPFO to file its claim with IL&FS group's claim management team.
Orders Punjab National Bank to process c
Rajasthan Gramin Bank SLP Service Order
Supreme Court heard SLP petition 13353/2026 filed by Rajasthan Gramin Bank & others against Robin Shah on 20 May 2026.
Court ordered petitioner to file fresh particulars for service on sole respondent
Supreme Court Hears J&K Bank Appeal
Supreme Court heard arguments in Civil Appeal No.11950/2025 between Pooja Ramesh Singh and Jammu & Kashmir Bank Ltd on 19‑May‑2026.
The Court reserved judgment and directed parties to file written sub
Supreme Court Condones Delay, Disposes NHAI SLPs
Supreme Court heard Special Leave Petition filed by NHAI Project Director against Ashok alias Onkar Shamrao Patil and others.
Court condoned filing delay and disposed of the petitions, referencing ear
Agarwal Granted Permission for Transfer Petitions
Supreme Court allowed Tulsi Ram Agarwal to file transfer petitions after his re‑election as President of the Roller Skating Federation of India.
The petitions aim to shift pending writs to one High Co
Tradearch Market Platform Appointed Sole Arbitrator
Supreme Court allowed arbitration petition under Section 11(6) of the Arbitration Act, appointing Justice Gautam Patel as sole arbitrator.
Dispute arises from a 2020 profit‑sharing agreement and a 264
Virmati Software Tax Petition Restored by Supreme Court
Supreme Court (Justice Alok Aradhe) heard IA Nos.280096/2025 and 280095/2025 on 15‑May‑2026 concerning Virmati Software & Telecommunications Ltd.
The Court condoned delay in filing the restoration app
LIC Receives Supreme Court Notice
Supreme Court heard petition by Chandrika C.P. seeking special leave to appeal against LIC judgment on 19 May 2026.
The bench comprising Justices B.V. Nagarathna and Ujjal Bhuyan ordered issuance of n
Prime Focus Complies with NCLAT ₹354 Crore Deposit
Prime Focus Limited confirms compliance with NCLAT's directive to deposit ₹353.79 crore by May 20, 2026.
The deposit stays an NCLT order and halts further action by the Interim Resolution Professional
AERA vs Lucknow Airport Listed for 20‑May
Supreme Court heard Civil Appeal No.15174/2025 between AERA and Lucknow International Airport Ltd. on 19‑May‑2026.
Multiple interim applications were listed, including exemptions from filing judgments
Electrosteel Castings Appeal Delay Condoned
Supreme Court heard Civil Appeal 20914/2026 between Commissioner of CGST and Electrosteel Castings regarding 2019 EA orders.
Court condoned filing delay for IA No.129269/2026 and admitted the appeal.
MSEB Holding vs HSBC: SC Procedural Order
Supreme Court heard Miscellaneous Application No.2065/2025 in SLP(C) No.7870/2025 on 19 May 2026 involving MSEB Holding Co. Ltd and HSBC.
The bench comprised Justices Dipankar Datta and Augustine Geor
Supreme Court Dismisses Petition Against Parsvnath Developers
Supreme Court dismissed Special Leave Petition No. 17219/2026 filed by Devendra Singh Yadav & ors against Parsvnath Developers Ltd.
Petition stemmed from a High Court judgment dated 25‑Feb‑2026 in CR
Hydraulics & Pneumatics LLP SLP Adjourned to Aug 2026
Supreme Court heard Special Leave Petition (C) No.1961/2025 filed by Hydraulics and Pneumatics (India) LLP against State of Haryana.
The bench, comprising Justices Dipankar Datta and Augustine George
State Bank of India SLP Admission 2026
Supreme Court admitted State Bank of India's SLP (Criminal) No. 4579/2026 against Prashanth B Hegde & Ors. on 19 May 2026.
The Court directed issuance of notice to unrepresented respondents and grante
Supreme Court Dismisses SLP Against South Eastern Coalfields
Supreme Court heard Special Leave Petition (Civil) No. 10486/2026 filed by Nawal Kishor Baghel against South Eastern Coalfields Ltd.
Court condoned delay in refiling and dismissed the petition, findin
SC Grants Additional Docs in BPCL Appeal
The Supreme Court heard Special Leave to Appeal No.16599/2026 between Sree Ramajayam Service Station and Bharat Petroleum Corporation Ltd on 18‑05‑2026.
The Court permitted the petitioner to file addi
Gurunanak Industries SLP Order Granted
Supreme Court Registrar heard Special Leave to Appeal petition by Gurunanak Industries vs State of Maharashtra on 19 May 2026.
Respondent No.5 (caveator) granted two weeks to file counter‑affidavit, e
PTC India vs Greenko Hydro: SC Adjourns
Supreme Court hearing scheduled for Civil Appeals 12773-12774/2025 between PTC India Ltd and Greenko Budhil Hydro Power Pvt Ltd on 18‑05‑2026.
The Court, comprising Justices Ahsanuddin Amanullah and R
K.P. Ridge SLPs Approved Over High Court
Supreme Court allowed filing of special leave petitions challenging the Bombay High Court’s 18‑April‑2026 order on DRT and DRAT findings.
High Court set aside sale certificate to Mrs. Juana Sanjeev Up
SC Condones Delay: Bharmal vs Savitri Telecom
Supreme Court heard Special Leave Petition (Criminal) filed by Juzer Bharmal against Savitri Telecom Services on 19 May 2026.
Court of Justices J.K. Maheshwari and Atul S. Chandurkar ordered condonati
Bank of Baroda vs Vedara India NCLAT Hearing Adjourned
NCLAT adjourned hearing for Comp. App. (AT) (Ins) No. 1524 of 2025 to May 18, 2026.
The appeal involves Bank of Baroda as appellant versus Vedara India Ventures Pvt. Ltd. as respondent.
The order was
NCLAT Schedules Prudent ARC vs Karan Automotives Hearing
NCLAT Principal Bench schedules hearing for July 14, 2026 in insolvency appeal between Prudent ARC and Karan Automotives.
Both parties directed to file written submissions and list of authorities befo
Nicco Uco Alliance Credit Board Approves MD Reappointment, Auditors
Board reappointed Kaustubha Basu as MD & CEO for a second 3-year term, subject to shareholder approval.
Appointed CS Rasna Goyal as Secretarial Auditor and M/s Dey Chakroborty & Sen as Internal Audito
Sparsh Hospitals NCLAT Appeal Listed for June Hearing
NCLAT lists Sparsh Hospitals & Critical Care's insolvency appeal for hearing on June 29, 2026.
The order is procedural, scheduling the next hearing date without substantive rulings.
Multiple legal cou
NCLT Dismisses EPFO's Rs 8.23 Cr Liquidation Claim
NCLT Kolkata dismisses EPFO's application seeking Rs 8.23 crore in provident fund damages and interest from Corporate Power Ltd's liquidation.
Tribunal condones 148-day filing delay but rejects claim
NCLT Dismisses Fairdeal Suppliers Director's CIRP Challenge
NCLT Kolkata dismissed an application by Fairdeal Suppliers' director challenging the inclusion of a 246-acre Coimbatore property in the CIRP assets.
The tribunal ruled the property rightfully belongs
NCLT Admits Omnibay Insolvency Petition Over ₹2.81 Crore Default
NCLT Kolkata admits Section 7 IBC petition against Omnibay Private Limited for defaulting on a ₹2.81 crore debt to financial creditor Ranisati Constructions.
The court found a financial debt of ₹2.65
NCLT Admits Bank of India Insolvency Petition Against Bahubali Realbuild
NCLT admits Bank of India's Section 7 IBC petition against corporate guarantor Bahubali Realbuild for a default of ₹17.54 crore.
Corporate Debtor provided guarantee for loans to Sunbeam Dealers, which
NCLT Grants Sree Bajrang Infracon 18-Day Settlement Period
NCLT Guwahati grants Sree Bajrang Infracon Pvt. Ltd. 18 days to settle its insolvency dispute with operational creditor Jalan Sales Corporation.
Respondents undertake to hand over an Audi, Fortuner, a
Creative Capital Services vs Alka Goyal NCLT Adjournment
NCLT adjourns Section 95(1) insolvency application hearing involving Creative Capital Services and Alka Goyal.
Case IB/13/ND/2024 postponed to July 1, 2026, due to paucity of time during hybrid hearin
Nuvision vs Flywheel Logistics NCLT Adjournment
NCLT adjourns Section 7 insolvency proceedings for Nuvision Delhi vs Flywheel Logistics to June 10, 2026.
Multiple interlocutory applications and an intervention petition are pending before the tribun
Kashyapi Infrastructure NCLT Hearing Adjourned
NCLT adjourned Section 9 IBC insolvency petition hearing due to internet connectivity issues.
Case involves Kuldip Singh Sethi vs Kashyapi Infrastructure Private Limited over operational debt.
Matter
NCLT Adjourns Universal Enterprises vs Aastha Surgimed Hearing
NCLT New Delhi adjourned the Section 9 insolvency application of M/s Universal Enterprises against Aastha Surgimed Ltd due to paucity of time.
The matter involves multiple interconnected applications
Reliance vs Bharat Petroleum: Mediation Order
The Supreme Court considered Special Leave Petition No.28654/2025 filed by Reliance Industries Ltd against Bharat Petroleum Corporation Ltd.
Earlier, the Court ordered the case to proceed on merits bu
Gupta Power Director Appeals NCLAT Insolvency Orders
Mahendra Kumar Gupta appeals multiple NCLAT orders related to Gupta Power Infrastructure Ltd's insolvency against Canara Bank.
The appeals are procedural, listing all cases for hearing on May 28, 2026
S.A. Plywood Appeals Against Central Bank
NCLAT hears appeal by S.A. Plywood Industry against Central Bank of India in insolvency matter.
Tribunal reserves order on amendment application after hearing both parties' counsel.
Parties granted th
NCLAT Dismisses S.A. Plywood and Ion Bio Med Appeals
NCLAT dismisses two appeals by S.A. Plywood and Ion Bio Med against NCLT orders admitting insolvency petitions.
Tribunal rejects applications to amend appeals by substituting suspended directors as ap
Unique Sugars Ltd. Insolvency Appeal Hearing Scheduled
NCLAT schedules hearing for Pramod Chainsing Rajput's appeal against Unique Sugars Ltd. and its liquidator.
The appeal, registered as Company Appeal (AT) (Insolvency) No. 268 of 2024, will be heard on
Nagar Nigam Meerut SLP Dismissed as Withdrawn
Supreme Court heard Special Leave Petition No. 1295/2023 filed by Nagar Nigam Meerut against Sharad Rohatgi & ors.
Petition stemmed from impugned Allahabad High Court judgment dated 12‑09‑2022 in MUA2
NCLAT Rejects S Ten Lighting Insolvency Appeal Delay
NCLAT condoned 27-day refiling delay for S Ten Lighting's appeal against an insolvency order.
Tribunal rejected application to condone 20-day filing delay, citing jurisdictional limit of 15 days.
Appe
SBI HR Dept Delay Condoned by Supreme Court
Supreme Court condoned filing delay in Special Leave Petition filed by Munna Lal Yadav against SBI’s HR Department.
The order was delivered on 18 May 2026 by Justices Prashant Kumar Mishra and Alok Ar
NCLAT Dismisses Jet Airways Aircraft Auction Appeal
NCLAT upheld NCLT Mumbai's order dismissing an appeal by Industrial Asset Transaction Services against Jet Airways' aircraft auction.
The appeal contested the auction process, alleging insufficient in
NCLAT Dismisses Shreenathji Infrastructure Insolvency Appeal
NCLAT upheld NCLT Mumbai's dismissal of Shreenathji Infrastructure's Section 9 insolvency petition against Namasthetu Infratech.
Tribunal found pre-existing disputes over work quality, quantity, and c
Aska Co-operative Bank Seeks Delay Condonation
Supreme Court heard petition by Aska Co-operative Central Bank Ltd seeking condonation of filing delays on IA Nos. 296818/2025 and 296819/2025.
Petition arises from impugned High Court of Orissa judgm
Rajasthan State Mines Appeals High Court Order
Petition for Leave to Appeal filed by Rajasthan State Mines & Ors against United Coal Carrier, arising from 30‑03‑2026 High Court judgment.
The Supreme Court hearing took place on 19‑05‑2026 before Ju
Dina Nath vs NTPC Land Compensation Delay
Supreme Court heard writ petition 611/2026 filed by Dina Nath against NTPC regarding 34‑year delay in land compensation determination.
Court noted High Court order dated 28‑May‑2024 directing district
ZEEL Q4 FY26 Standalone Loss ₹1.81 Billion, Recommends Dividend
ZEEL Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, along with a recommended dividend of ₹2 per share.
Standalone Q4 performance showed a net
DCM Financial Services Reports FY26 Loss with Modified Audit
DCM Financial Services reported a standalone net loss of ₹102.27 lakhs for FY26 with a qualified audit opinion highlighting material uncertainties.
The auditor's report cites non-provision of ₹1,683 l
Supreme Court Dismisses Curative Petition vs SAIL
The Supreme Court condoned the filing delay in Geeta Sharma's curative petition against Steel Authority of India Ltd.
The Court rejected the request to list the curative petition in open court, citing
Oriental Insurance SLP Order Sets 2026 Deadlines
Supreme Court heard SLP No.7640/2026 filed by Oriental Insurance against Suman Devi & Ors.
Court ordered counter affidavit by 31 July 2026 and rejoinder by 14 August 2026.
State of Uttar Pradesh to be
Info Edge Files NCLAT Appeal Against NCLT Order
Info Edge India Ltd files appeal with NCLAT against NCLT order requiring shareholder and creditor meetings for amalgamation scheme.
The appeal seeks dispensation from convening meetings of equity shar
Southern Railway vs Brandavan Food: SC Re‑list
Supreme Court heard petition (6191-6195/2026) by Southern Railway against Brandavan Food Products concerning impugned 18‑Nov‑2025 judgment.
Court ordered case to be re‑listed for hearing on 22‑May‑202
Krishna Traders Withdraws Interlocutory Application vs PNB
The Supreme Court heard Krishna Traders’ petition for an extension of time to vacate premises against Punjab National Bank.
Petitioner’s counsel, Mr. Keshav Thakur, requested permission to withdraw In
United India Insurance Supreme Court Appeal Order
Supreme Court heard Special Leave to Appeal (No.22930/2025) filed by Saraswati Sudam Manwar vs United India Insurance Ltd.
Court directed respondents (including United India Insurance) to file counter
SBI Wins Supreme Court Appeal Dismissal
Supreme Court dismissed Bernard John’s civil appeal against State Bank of India, upholding the lower tribunal’s order.
The court also condoned delay in filing but ordered disposal of pending applicati
Adani Green US DOJ Dismissal Motion Update
Adani Green Energy discloses US DOJ motion to dismiss criminal indictment with prejudice against key directors.
The motion seeks complete dismissal barring future prosecution for same allegations agai
Supreme Court Doubles Compensation to Rs2Lakh
Supreme Court heard SLP No. 9750/2026 filed by Ram Kumar against Krishi Upaj Mandi Samiti.
High Court had awarded Rs 1 lakh reinstatement compensation, which petitioner argued was inadequate for prolo
MSEDCL vs NTPC: Delay Condoned
Supreme Court heard civil appeal 15918/2026 between Maharashtra State Electricity Distribution Co. and NTPC Ltd. on 18‑May‑2026.
Petition sought condonation of delay in refiling and curing defects, al
Eveready Faces ₹7.11 Crore Court Damages Order
Eveready discloses a court order mandating payment of ₹7.11 crore in damages to UCO Bank for alleged unauthorized occupation.
The order relates to proceedings over 5,471 sq. ft. of space at a building
Shivangi Properties Secures 20% Deposit Order
Supreme Court granted special leave and allowed appeals filed by Shivangi Properties Pvt Ltd against Karnataka High Court order.
Court set aside High Court's 10% reduction, restoring Appellate Court's
BKM Industries FY26 Standalone Audited Results
BKM Industries reported a standalone net loss of ₹1,308.36 lakhs for FY26, driven by a significant tax expense of ₹891.79 lakhs.
The company revalued its PPE, resulting in a ₹4,498.75 lakh revaluation
LIC Chairperson Faces Contempt Petition
Supreme Court heard a contempt petition by Tamil Nadu Terminated Full‑Time Temporary LIC Employees Association against LIC Chairperson on 18‑05‑2026.
The petition stems from an impugned 18‑03‑2015 jud
NCLAT Admits Gouri Merchandise vs Vipul Ltd Appeal
NCLAT Principal Bench issues notice in Company Appeal (AT) (Insolvency) No. 857 of 2026 filed by Gouri Merchandise Pvt. Ltd. against Vipul Ltd.
Appellant directed to provide respondent contact details
Petroleum & Natural Gas Board Appeal Dismissed
Supreme Court heard civil appeals 1880-1881/2024 filed by Petroleum and Natural Gas Regulatory Board against Jay Madhok Energy Private Ltd consortium.
The Court, comprising Justices Dipankar Datta and
NCLT Jaipur Adjourns Alchemist ARC vs Jaipur Metals Hearing
NCLT Jaipur Bench schedules final rejoinder submissions for Alchemist ARC's insolvency petition against Jaipur Metals & Electricals Ltd.
The hearing, conducted via video conferencing, was adjourned to
Tushar Realhome LLP Insolvency Hearing Adjourned to June 2026
NCLT Jaipur Bench adjourns hearing for Tushar Realhome LLP's Section 7 insolvency petition to June 2, 2026.
Arguments concluded from Resolution Professional and IIFL Home Finance; applicants seek rebu
Golden Jubilee Hotels NCLT Matters Adjourned to 2026
NCLT Hyderabad adjourns nine interconnected insolvency applications involving Golden Jubilee Hotels to August 2026.
All matters are stayed due to a status quo order from the Supreme Court in a connect
NCLT Rejects Bank of Baroda's Personal Guarantor Insolvency Plea
NCLT Jaipur Bench rejects Bank of Baroda's Section 95 application against personal guarantor Amit Prakash Gupta for ₹192.92 crore debt.
Tribunal finds Financial Creditor failed to establish valid invo
NCLAT Admits Insolvency Appeals Involving SWAMIH Investment Fund
NCLAT Principal Bench lists two interconnected insolvency appeals for hearing on May 25, 2026.
Appeals involve NRG & Co. and Ansal Crown Infrabuild's RP versus SWAMIH Investment Fund.
Tribunal directs
Jhandewalas Foods Limited FY26 Qualified Audit Report
Board approved FY26 audited and H1 standalone financial results and accepted an independent director's resignation.
Auditors issued a qualified opinion citing non-provisioning of NPA interest and lack
Bharat Coking Coal High Court Petition Withdrawn
Bharat Coking Coal discloses withdrawal of Criminal Miscellaneous Petition No. 3720 of 2017 before Jharkhand High Court.
The petition sought quashing of a 1998 magistrate order related to non-implemen
NCLAT Adjourns Eskay K 'N' IT Insolvency Appeal
NCLAT adjourns hearing for Company Appeal (AT) (Insolvency) No. 555 of 2026 to 20th May 2026.
Appeal involves Ajit Kumar, Resolution Professional of Eskay K 'N' IT (India) Ltd., versus Express Suiting
NCLAT Lists Palchan Bhang Power Appeal
NCLAT Principal Bench issues a scheduling order for an insolvency appeal hearing.
The appeal is filed by Chamandeep Singh Natt against Palchan Bhang Power Pvt. Ltd.
The tribunal lists the matter for f
Paradeep Phosphates NCLAT Order Reserved
NCLAT reserves judgment in Paradeep Phosphates Ltd's appeal against State of Odisha order.
Parties granted one week to submit final written submissions limited to three pages.
Appeal heard in hybrid m
Ricova International Files Insolvency Petition Against Shree Narayan Kraft
Ricova International INC filed Section 9 IBC petition against Shree Narayan Kraft Paper Mill LLP for operational debt default.
The National Company Law Tribunal Ahmedabad issued notice to respondent,
BMW India Financial vs Parsoli Motor NCLT Adjournment
NCLT Ahmedabad adjourns multiple interlocutory applications in BMW India Financial's insolvency petition against Parsoli Motor Works.
The matter under Section 7 IBC was listed for hearing but no repre
Sunpoint Trading Liquidation Order Appeal Pending
NCLT Ahmedabad hears progress report in Sunpoint Trading Limited's liquidation under IBC Section 7.
Liquidator reports CoC filed NCLAT appeal against 25 July 2024 order rejecting resolution plan.
Trib
NCLT Ahmedabad Issues Notice in Ecolex Insolvency Case
NCLT Ahmedabad hears two applications in an insolvency petition filed under Section 7 of the IBC.
The petition involves Aka Supplychain Solutions as applicant versus Ecolex Industrial Products as resp
Alchemist ARC Seeks Substitution in Radha Madhav NCLT Case
Alchemist Asset Reconstruction Company files application to substitute itself as applicant in ongoing NCLT insolvency proceedings.
Application filed under Section 60(5)(c) of IB Code 2016 seeking repl
NCLT Disposes Reliance BP Mobility Status Application
The NCLT Ahmedabad disposed of an application for recording a status report in an insolvency case.
The application was filed by Reliance BP Mobility Limited against Blu-Smart Fleet Pvt. Ltd.
The statu
Shri Agarwal Construction Appeal to Face Charges
Supreme Court heard Petition for Special Leave to Appeal (No. 27738/2025) filed by Shri Agarwal Construction Co. against Registrar General.
Court examined affidavit of compliance filed on 06.05.2026 a
Sagar Business Appeals Srabani Constructions Liquidation Order
Sagar Business Private Limited files appeal against liquidator Gagan Bihari Bhuyan of Srabani Constructions Pvt. Ltd. at NCLAT.
The appeal challenges aspects of the corporate insolvency resolution pro
63 Moons FY26 Results: Profit Turnaround with Legal Qualifications
Board approved audited standalone and consolidated financial results for FY 2025-26, showing a net profit of ₹17,465.55 lakhs standalone versus a loss last year.
Exceptional items include a ₹14,565.72
Afcons Infrastructure FY26 Results, Dividend, Board Changes
Afcons Infrastructure reported FY26 consolidated PAT of ₹250.74 crore, a significant decline from ₹486.79 crore in FY25, with revenue down 4.8% to ₹11,948.38 crore.
Board recommended a dividend of ₹2
NCLAT Condones ARCIL vs Calyx Spaces Filing Delays
NCLAT condoned 3-day filing delay and 38-day re-filing delay in Asset Reconstruction Company's appeal against Calyx Spaces LLP.
Tribunal allowed two weeks for appellant to submit certified copy of the
NCLAT Grants Piramal Three Days for PUFE Affidavit
NCLAT grants Respondent No. 2 (Piramal) three days to file an affidavit detailing fraudulent transaction amounts as per its 24.04.2026 order.
The tribunal orders that its observations from paragraph 9
Guruvayoor Infrastructure Seeks SLP Against NHAI
Guruvayoor Infrastructure Pvt Ltd filed Special Leave to Appeal against NHAI following a High Court judgment dated 16‑Oct‑2024.
The petition includes multiple interim applications for exemption from f
NCLT Admits SBI Insolvency Petition Against India Power
NCLT Hyderabad admits Section 7 IBC petition filed by State Bank of India against India Power Corporation Ltd as corporate guarantor for Meenakshi Energy's default.
Corporate Debtor contested petition
NCLT Hyderabad Reserves Orders in Lanco Solar Insolvency
NCLT Hyderabad Bench reserved orders on four interlocutory applications in the Lanco Solar Pvt Ltd insolvency case.
The matters involve the liquidator and other parties represented by multiple legal c
Dakshin Railway Employees Union Supreme Court Hearing
Supreme Court lists Dakshin Railway Employees Union petition against Union of India for final disposal hearing.
Case arises from Madras High Court judgment dated November 19, 2024 in Writ Petition No.