Tag
Insolvency and Bankruptcy
26 articles
The insolvency landscape in India continues to see procedural developments as numerous appeals are scheduled for hearings in December 2026, involving companies like Furnace Fabrica, Ceasan Glass, Manjeera Realty, and Sasa Musa Sugar. These cases, along with others like Aster Pvt Ltd and Kobo Biotech, highlight ongoing disputes within the insolvency resolution process, often concerning the actions of Resolution Professionals and the rights of various stakeholders. While the Insolvency and Bankruptcy Board of India (IBBI) emphasizes the positive impact of the IBC in strengthening credit discipline and improving recovery rates, these appeals underscore the complexities and potential for protracted legal battles within the system, potentially impacting the efficiency of debt resolution and the recovery of assets.
NCLAT Lists Furnace Fabrica Insolvency Appeals for December
NCLAT Chennai lists three interconnected insolvency appeals for Furnace Fabrica (India) Ltd for hearing on December 16, 2026.
The appeals involve shareholders and FF International Ltd challenging acti
NCLAT Lists Aster Pvt Ltd Liquidation Appeal
NCLAT Chennai schedules a hearing for an appeal against the liquidator of Aster Pvt Ltd.
The appeal, filed by Anish Reddy Chinnamile, is listed for a future hearing on 27 November 2026.
The order is p
Ceasan Glass NCLAT Appeal Adjourned to December 2026
NCLAT Chennai adjourns hearing for Company Appeal No. 408/2024 involving Ceasan Glass Pvt. Ltd. and its promoter.
The matter has been listed for the next hearing on 15th December 2026 with no substant
Manjeera Realty LLP NCLAT Appeals Adjourned to December
NCLAT Chennai adjourns two insolvency appeals filed by Manjeera Realty LLP to December 15, 2026.
Appeal AT/CH/Ins No. 452/2024 involves Manjeera Constructions Ltd. and its Resolution Professional.
App
NCLAT Adjourns Catalyst Trusteeship Insolvency Appeal
NCLAT Principal Bench hears an insolvency appeal filed by Catalyst Trusteeship Ltd. against Shobhit J. Rajan and another respondent.
Parties reach consensus to dispose of the appeal at the admission s
NCLAT Adjourns FTF Pharma Director Appeal
NCLAT adjourned an appeal filed by Abhay Sapre, a suspended director of FTF Pharma, due to lack of time.
The appeal, Comp. App. (AT) (Ins) No. 1781 of 2026, involves Immacule Lifesciences as a respond
NCLAT Admits Aditya Raheja Appeals Against Two Insolvency RPs
NCLAT admits two appeals filed by Aditya Raheja against Resolution Professionals of Neo and Gstaad Hotels.
The tribunal issues notice to respondents but declines to grant any interim relief at this st
NCLAT Adjourns Sasa Musa Sugar Insolvency Appeal
NCLAT adjourns Company Appeal (AT) (Insolvency) No. 727 of 2026 to November 16, 2026.
The appeal involves appellants Mahmud Ali & Ors. versus the liquidator of Sasa Musa Sugar Works.
Any existing inte
NCLAT Upholds Syska E-Retails LLP Liquidation Order
NCLAT dismisses appeal against NCLT Mumbai's order liquidating Syska E-Retails LLP after CIRP expiry.
CIRP expired on 14.12.2025 without resolution plan or valid extension, triggering mandatory liquid
IBBI 10th Annual Day Highlights IBC Reforms and Impact
Minister Harsh Malhotra stated IBC strengthened credit discipline, improved recovery climate, and contributed to ease of doing business.
IBBI Chairperson noted IBC enabled substantial creditor recover
NCLAT Issues Notices in Vayam Technologies Insolvency Appeals
NCLAT consolidates two appeals (1661 & 1689 of 2026) filed against Ebix Vayam Technologies and BSNL.
Appellant challenges NCLT's direction to pay unquantified amount to Ebix Vayam, alleging violation
NCLAT Reserves Judgment in MIM Petro World Appeal
NCLAT reserves judgment in an insolvency appeal filed by the suspended management of MIM Petro World Private Limited.
The tribunal allows parties to file concise written submissions within five days,
NCLAT Adjourns Aster Pvt Ltd Liquidation Appeal
NCLAT Chennai adjourns an insolvency appeal hearing filed by Anish Reddy Chinnamile to November 27, 2026.
The appeal is against CA Naren Sheth, the liquidator of Aster Pvt Ltd, and another respondent.
NCLAT Chennai Lists Kobo Biotech Insolvency Appeal
NCLAT Chennai issues notice and lists an insolvency appeal filed by Sahyadri Kamgar Sanghatan for hearing on 3rd November 2026.
The appeal challenges the Resolution Professional of Kobo Biotech Ltd an
Nakshatra Feeds NCLAT Appeals Adjourned to December 2026
NCLAT Chennai adjourns two appeals filed by Nakshatra Feeds India Ltd to December 18, 2026.
Appeals challenge actions of the Resolution Professional for Nexus Feeds Ltd in insolvency proceedings.
No a
MT Educare 20th AGM Approves All Resolutions
MT Educare Ltd held its 20th AGM via VC/OAVM on September 30, 2026, with all resolutions approved by shareholders.
Two ordinary resolutions passed: adoption of FY26 financial statements and re-appoint
NCLAT Adjourns Amav Developers LLP Appeal to November
NCLAT adjourned hearing for Comp. App. (AT) (Ins) No. 1299 of 2026 to 19 November 2026.
Appeal involves Amav Developers LLP versus Resolution Professional of Pushpanjali Realms and Infratech Ltd.
Benc
NCLAT Adjourns Overnite Express IRP Appeal to November 2026
NCLAT Principal Bench adjourns an insolvency appeal hearing concerning Overnite Express Ltd and its erstwhile Interim Resolution Professional.
The appeal, Comp. App. (AT) (Ins) No. 1074 of 2026, was l
NCLAT Lists Button Industries Insolvency Appeals
NCLAT Principal Bench lists three interconnected appeals concerning Button Industries Pvt. Ltd.'s insolvency resolution for hearing.
Appeals involve Wellfin Corporation, Madhav Solar, CoC member Neuri
NCLAT Lists Furnace Fabrica Insolvency Appeals for December
NCLAT Chennai lists three interconnected insolvency appeals for hearing on December 16, 2026.
Appeals involve shareholders and FF International Ltd challenging actions of Resolution Professional Alok
NCLAT Adjourns Jeypore Sugar Liquidation Cost Appeal
NCLAT Chennai adjourns hearing for Company Appeal (AT) (CH) No.78/2026 to November 3, 2026.
Appeal filed by V. Venkata Sivakumar concerns reimbursement of liquidation costs for The Jeypore Sugar Co Lt
NCLAT Adjourns Anandaram Developers Liquidation Appeals
NCLAT Chennai adjourns two appeals related to Anandaram Developers Pvt. Ltd. liquidation to December 17, 2026.
Appeals filed by JDA Consultancy Services and Jayapushpam Investments against liquidator
NCLAT Lists Baron Infotech Resolution Applicant Appeal
NCLAT Chennai lists an appeal filed by Vivek Kumar Ratakonda, Resolution Applicant of Baron Infotech Ltd, for hearing on 01.10.2026.
The appeal challenges actions of the Resolution Professional, Ahala
Manjeera Realty LLP NCLAT Appeals Adjourned to December 2026
NCLAT Chennai adjourns two insolvency appeals filed by Manjeera Realty LLP to December 15, 2026.
Appeals involve disputes with Manjeera Constructions Ltd. and Valentis Laboratories Pvt Ltd.
The order
JTL Defence Q1 FY27 Net Loss ₹267 Lakh
JTL Defence resubmits revised limited review report for Q1 FY27 consolidated results to comply with SEBI circular format requirements.
Company reports standalone Q1 revenue of ₹2,124.47 lakh with net
Oasis Tradelink FY26 Reports Nil Revenue, ₹20.12L Loss
Oasis Tradelink Limited filed its Integrated Annual Report for FY 2025-26 and notice for its 30th AGM to be held on September 29, 2026 via VC/OAVM.
The company reported zero revenue and a net loss of