Tag
Insolvency & Bankruptcy
124 articles
The Indian insolvency landscape is marked by a series of procedural developments as various appeals and hearings are adjourned across multiple National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) benches. Cases involving companies like KV Interiors, AAA Landmark, Omkara ARC, UPSIDA, Transline Technologies, and Bhansali Engineering Polymers are awaiting future hearings, reflecting the ongoing complexities within the insolvency resolution process. Additionally, NCLT Kolkata admitted an insolvency application against a personal guarantor, while NCLT Allahabad addressed matters related to Powertech Engineers, Neelkanth Surgical, and Baff Engineers, underscoring the broad scope of IBC proceedings. These adjournments and ongoing cases suggest a protracted timeline for resolving outstanding insolvency matters, potentially impacting creditors and debtors alike.
NCLAT Lists KV Interiors vs Heritage Motels Appeal
NCLAT order listing insolvency appeal for future hearing on July 2, 2026.
Appeal involves KV Interiors & Designers as appellant and Heritage Motels as respondent.
Procedural order without details on c
AAA Landmark vs Grover NCLAT Hearing Scheduled
NCLAT schedules hearing for July 8, 2026 in insolvency appeal between AAA Landmark Pvt Ltd and Jalesh Kumar Grover.
Appeal filed under Comp. App. (AT) (Ins) No. 145 of 2026 with connected interim appl
NCLAT Adjourns Omkara ARC Appeals to July 2026
NCLAT Principal Bench adjourns two insolvency appeals filed by Omkara Assets Reconstruction Pvt. Ltd. to July 20, 2026.
Appeals involve Omkara ARC as appellant against unspecified respondents in Compa
UPSIDA vs Brys Hotels NCLAT Appeal Listing
NCLAT lists appeal filed by Uttar Pradesh State Industrial Development Authority against Brys Hotels Pvt Ltd for hearing.
Appeal concerns insolvency matter, listed for next hearing on May 18, 2026.
Bo
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.
Uttar Pradesh SIDB vs Brys Hotels NCLAT Hearing
NCLAT schedules next hearing for May 28, 2026 in insolvency appeal between Uttar Pradesh State Industrial Development Authority and Brys Hotels Pvt Ltd.
Case involves Company Appeal (AT) (Insolvency)
NCLT Adjourns Garg Granites vs Radharani Exports Insolvency
NCLT Jaipur Bench adjourns Section 9 IBC case between Garg Granites and Radharani Exports to July 7, 2026 for final arguments.
The order involves multiple interlocutory applications and progress repor
NCLT Kolkata Admits Bank of Baroda Guarantor Insolvency Application
NCLT Kolkata admits application under IBC Section 99 for insolvency resolution against personal guarantor Mr. Bhupendra Singh.
Tribunal condones 9-day delay in filing, takes Resolution Professional's
Bhansali Engineering Polymers Liquidation Case Adjourned
NCLT Allahabad Bench adjourned Bhansali Engineering Polymers Ltd liquidation matter to July 6, 2026.
No parties or counsel appeared for the hearing held on May 19, 2026.
The case involves an applicati
NCLT Adjourns Rcube Infratech Insolvency Hearing
NCLT Allahabad Bench adjourns Section 9 IBC insolvency petition hearing filed by Infracons Limited against Rcube Infratech Private Limited.
Adjournment granted until July 10, 2026, due to unavailabili
Naveen Oil Carrier vs Prabha Infrastructure NCLT Adjournment
NCLT Allahabad Bench adjourns Section 9 IBC insolvency petition hearing to July 3, 2026.
Operational Creditor Naveen Oil Carrier Pvt Ltd files petition against Corporate Debtor Prabha Infrastructure P
Insight Collaborative Logistics Liquidation Hearing Adjourned
NCLT Allahabad adjourns hearing for Insight Collaborative Logistics liquidation case to June 2, 2026.
Matter involves corporate insolvency resolution process under Section 9 of IBC.
Liquidator's couns
TSAARO Academy Insolvency Adjournment for Affidavit
NCLT Allahabad Bench order adjourns hearing for TSAARO Academy's Section 10 IBC petition.
Corporate applicant's counsel seeks time to file additional affidavit within one week.
Hearing rescheduled to
Ion Bio Med vs Draegerwerkag NCLAT Order Reserved
NCLAT Principal Bench heard arguments in appeal Comp. App. (AT) (Ins) No. 663 of 2026 between Ion Bio Med-Icare and Draegerwerkag.
Parties permitted to file short submission notes and cited judgments
NCLAT Adjourns Shikhar Dhawan Insolvency Appeal
NCLAT Principal Bench adjourns insolvency appeal filed by Shikhar Dhawan against Absolute Legends Sports.
Case Company Appeal (AT) (Insolvency) No. 594 of 2026 is scheduled for next hearing on July 10
NCLT Allahabad Adjourns Powertech Engineers vs GEPDCC Infratech
NCLT Allahabad Bench adjourns Section 9 IBC insolvency petition hearing to 22nd May 2026.
Operational Creditor Powertech Engineers filed petition against Corporate Debtor GEPDCC Infratech Limited.
Bot
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
NCLT Disposes IA No.621/2023 in Manjushree Technopack Liquidation
NCLT Allahabad disposes IA No.621/2023 as the liquidator confirms the underlying claim has been satisfied.
The order adjourns seven other interlocutory applications for a hearing on July 8, 2026.
The
Baff Engineers Ex-Management Adjournment Application NCLT
NCLT Allahabad adjourns IA No.309/2026 filed by ex-management of Baff Engineers Pvt Ltd to June 2, 2026.
Application heard in context of approved resolution plan under Section 9 IBC in CP (IB) No.32/A
NCLT Closes Canara Bank Personal Guarantor Insolvency
NCLT Allahabad allows application to close Personal Insolvency Resolution Process against Rakhi Pandey.
Process concluded after a One Time Settlement was fully paid to financial creditor Canara Bank.
NCLT Adjourns Indian Bank Personal Guarantor Cases
The NCLT Allahabad Bench adjourned two insolvency cases against personal guarantors of Primuss Metroll Ltd. to June 8, 2026.
Cases involve Indian Bank as financial creditor under Section 95(1) of the
Religare Enterprises Secures IRP Replacement in CIRP
NCLT orders replacement of IRP Gautam Singhal with Vivek Parti in Ligare Aviation CIRP.
Application filed due to Singhal's AFA license not being renewed, disqualifying him from role.
Tribunal directs
Hostin Services Files Rs 1.6 Crore Insolvency Petition Against Creator Economy Tech
Hostin Services Pvt Ltd filed Section 9 insolvency petition against Creator Economy Tech Pvt Ltd for unpaid dues.
Petitioner claims Rs 3 crore bills raised with only partial payment received from resp
NCLT Adjourns Indo Spirits vs Popular Spirits LLP Hearings
NCLT adjourns multiple IAs in M/s. Indo Spirits vs Popular Spirits LLP insolvency petition to August 2026.
Tribunal directs various respondents to file replies in interconnected applications under IBC
Canara Bank vs Kamal Radhu NCLT Hearing Adjourned
NCLT adjourned Canara Bank's insolvency petition against Kamal Radhu due to power failure.
The matter has been rescheduled for hearing on 10 June 2026.
The case was filed under Section 95(1) of the In
NCLT Issues Notice to Sanco Industries Personal Guarantor
NCLT issues notice to personal guarantor Rita Gupta in Sanco Industries insolvency case.
Tribunal directs guarantor to file response to the petition by next hearing date.
Matter listed for further hea
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
Power2Sme Files Rs 1.35 Crore Insolvency Petition Against S.N.S Infra
Power2Sme Pvt Ltd filed a Section 9 IBC petition against S.N.S Infra Projects Pvt Ltd for defaulting on a payment of approximately Rs 1.35 crores.
The corporate debtor admitted liability via emails on
NCLT Dismisses Raheja Developers Hearing Preponement Plea
NCLT New Delhi dismisses an application seeking early hearing in an insolvency petition against Raheja Developers Ltd.
The application, IA-2198/2026, requested preponement of hearing for IA-1989/2026
NCLT Accepts Unitech Machines Delayed Progress Report
NCLT disposes application to accept Monitoring Committee's 3rd Progress Report for Unitech Machines Ltd.
Applicant cited technical issues as reason for delayed filing of the insolvency progress report
Three C Projects NCLT Hearing Adjourned to May 29
NCLT New Delhi defers hearing for Three C Projects Pvt Ltd insolvency case to 29.05.2026.
Adjournment follows compliance with NCLAT orders in Company Appeal (AT) Insolvency No. 541 and 542 of 2026.
Ma
Religare Comtrade IRP Gautam Singhal Replaced
NCLT orders replacement of Interim Resolution Professional Gautam Singhal for Religare Comtrade CIRP.
Replacement initiated due to non-renewal of Mr. Singhal's Authorisation for Assignment license.
Mr
State Bank of India vs Gaurav Rathi NCLT Adjournment
NCLT New Delhi adjourns insolvency petition filed by State Bank of India against Gaurav Rathi due to power failure.
Case IB-550(PB)/2021 under Section 95(1) of IBC 2016 renotified for hearing on 03.08
FDS Management Liquidator Seeks Dues Payment Direction
Liquidator files application seeking direction for Stakeholders' Consultation Committee to pay all outstanding dues, including CIRP costs.
Tribunal lists matter for further hearing on 14 July 2026 to
IDBI Bank vs. Modak Insolvency Hearing Postponed
NCLT adjourns IDBI Bank's insolvency application against Sucheta Modak due to power failure.
Case IB-787(PB)/2024 renotified for hearing on 08 July 2026.
Order issued under Section 95(1) of the Insolv
NCLT Issues Notice to Saamag Developers in Rs 504.8 Crore Insolvency Case
NCLT directs CFM Asset Reconstruction to serve notice on Saamag Developers for a Rs 504.8 crore insolvency petition.
Corporate Debtor must file a reply within 7 days of notice receipt or the case will
IDBI Trusteeship NCLT Case Adjourned to August 2026
NCLT New Delhi adjourns Section 95 IBC case involving IDBI Trusteeship Services Ltd due to a power failure.
The matter has been renotified for the next hearing on 05.08.2026.
No substantive proceeding
NCR Healthways Insolvency Petition Restoration Hearing
NCLT lists NCR Healthways insolvency petition under Section 7 of IBC for hearing on July 20, 2026.
Tribunal directs registry to list substitution application for deceased petitioner's legal representa
NCR Healthways Insolvency Petition Hearing Adjourned
NCLT adjourns Section 7 IBC petition hearing for NCR Healthways Pvt. Ltd. to July 2026.
Court directs registry to list substitution application for deceased petitioner's legal representatives.
Petitio
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.
STR Holdings Appeals NCLAT Against Lucent Cleanenergy Dismissal
STR Holdings appeals NCLT order dismissing its Section 9 insolvency petition against Lucent Cleanenergy.
NCLAT issues notice to respondents for admission hearing scheduled on June 29, 2021.
Appellant
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 Stays Royss Traders CoC Formation Pending Appeal
NCLAT issues notice and interim order pausing constitution of Committee of Creditors for Royss Traders.
Appellant Hirabhai Ahir argues Section 9 application was erroneously admitted due to pre-existin
NCLAT Adjourns Eskay K 'N' IT and Euphoria Technologies Insolvency Appeals
NCLAT Principal Bench adjourns three interconnected insolvency appeals to May 25, 2026.
Appeals involve Resolution Professionals and Liquidators of Eskay K 'N' IT and Euphoria Technologies.
Multiple p
Roopya Tradebizz NCLAT Appeal Adjourned to May 15
NCLAT adjourns Roopya Tradebizz Ltd's appeal against Euphoria Technologies Pvt Ltd's resolution professional and liquidator.
Appellant granted liberty to file certified copy of impugned order and dire
NCLAT Dismisses S Ten Lighting Appeal Over Delay
NCLAT rejects S Ten Lighting's application to condone a 20-day delay in filing an appeal against an order.
The Tribunal cites jurisdictional limits under IBC Section 61(2), allowing a maximum delay co
NCLAT Continues Interim Order in K8 Developers vs JPAL Insolvency Appeal
NCLAT grants K8 Developers time to file additional pleadings in its appeal against Jaiprakash Associates Ltd's resolution professional.
The Tribunal directs completion of pleadings and lists the matte
Shark Mines vs Maithan Ispat NCLAT Appeal Scheduling
NCLAT Principal Bench schedules hearing for Company Appeal (AT) (Insolvency) No. 727 of 2024 for July 17, 2026.
Appeal involves Shark Mines & Minerals Pvt Ltd. as appellant versus Maithan Ispat Ltd. a
Om Engineers vs Neehal Pathan NCLAT Hearing Adjournment
• NCLAT Principal Bench adjourned hearing for Comp. App. (AT) (Ins) No. 769 of 2026 to May 18, 2026.
• The case involves Om Engineers and Fabricators as appellant versus Neehal Pathan and others as re
NCLAT Lists Aksar Blackrock vs Jalaram Ceramics Appeal
The NCLAT has listed an insolvency appeal for hearing on July 21, 2026.
The appeal involves Aksar Blackrock LLP as appellant and Jalaram Ceramics Ltd as respondent.
The order was passed on May 18, 202
Woodcraft Furnishers NCLAT Filing Delay Condoned
• NCLAT condoned 25-day delay by Woodcraft Furnishers in re-filing appeal against Ten On Ten Habitat.
• Appeal was initially e-filed on 02.04.2026 with defects intimated by tribunal office on 09.04.20
NCLAT Lists Raghupati Goods vs Sai Industries Appeal
NCLAT Principal Bench schedules next hearing for Company Appeal (AT) (Insolvency) No. 899 of 2025.
Appeal involves Raghupati Goods Pvt. Ltd. as appellant versus Sai Industries Ltd. as respondent.
Case
Capital Ventures Appeals NCLAT IBC Section 45 Order
NCLAT condoned 10-day filing and 9-day refiling delays for Capital Ventures' appeal against a Resolution Professional's order.
The appeal challenges an order allowing an application under IBC Sections
NCLAT Adjourns Sarash Exports Insolvency Appeal to July
NCLAT adjourns insolvency appeal hearing for Sarash Exports Services to July 14, 2026 due to time constraints.
The case involves a dispute between the Resolution Professional and insolvency profession
NCLAT Grants Pancard Clubs vs Aron Hotels Reply Extension
NCLAT grants Aron Hotels three-week extension to file reply in insolvency appeal filed by Pancard Clubs Ltd.
Appeal listed for next hearing on 31 July 2026 after rejoinder period.
Order issued by Just
C.P. World Lines NCLAT Appeal Adjourned to May 2026
NCLAT Principal Bench adjourns Company Appeal (AT) No. 258 & 259 of 2025 filed by C.P. World Lines Pvt. Ltd. & Ors.
Next hearing scheduled for 18 May 2026 in hybrid mode before Justice Yogesh Khanna a
NCLAT Lists VRSA Consultancy vs Two Brothers Beverages Appeal
NCLAT Principal Bench lists insolvency appeal filed by VRSA Consultancy LLP against Two Brothers Beverages Pvt. Ltd. for hearing on 25.08.2026.
The appeal, registered as Company Appeal (AT) (Insolvenc
BKG Corp Ltd NCLAT Hearing Adjourned to July
NCLAT permits respondents to file replies to BKG Corp Ltd's additional affidavit within seven days.
The appellate tribunal lists the matter for next hearing on 08 July 2026.
The order follows appellan
Suraksha Realty NCLAT Appeal Dismissed on Preferential Transaction
NCLAT dismissed Suraksha Realty's appeal against NCLT order declaring its mortgage as preferential transaction under IBC.
Mortgage deed executed in July 2021 secured 2014 debt, improving creditor posi
NCLAT Adjourns Drishti Chitrabhanu vs Sarvottam Realcon Appeal
NCLAT Principal Bench adjourns insolvency appeal hearing to July 7, 2026.
Tribunal grants respondent two weeks to file reply to delay condonation application.
Case involves appeal by Drishti Chitrabha
Ganuchi Fashions Insolvency Appeal Listing Adjournment
NCLAT lists Ganuchi Fashions' insolvency appeal for hearing on 22.05.2026.
Appeal filed against Anil Kohli & Others in Company Appeal (AT) (Insolvency) No. 190 of 2026.
Tribunal issues procedural orde
Hoganas India vs Singhal Sintered NCLAT Appeal Listing
NCLAT lists Hoganas India's insolvency appeal against Singhal Sintered for hearing on July 10, 2026.
The appeal challenges a previous order in the corporate insolvency resolution process between the t
Sokrati vs GOQII NCLAT Appeal Adjourned to July
NCLAT grants Sokrati Technologies three weeks to file rejoinder affidavit in appeal against GOQII Technologies.
Case adjourned for next hearing on July 22, 2026 before Principal Bench in New Delhi.
Ap
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
Abutani Mercantile Insolvency Cooperation Assurance Order
NCLT Guwahati lists Abutani Mercantile's insolvency case for further consideration on 12 June 2026.
Respondent's counsel assures full cooperation with the Resolution Professional in obtaining necessar
Seitz India NCLT Insolvency Case Adjourned to September 2026
NCLT adjourns Seitz GmbH's Section 9 insolvency application against Seitz India Pvt Ltd to 02.09.2026 due to paucity of time.
The case involves a contempt petition (No. 21/ND/2022) within the main ins
KAD Housing vs Logix Heights NCLT Hearing Adjourned
NCLT adjourns Section 7 IBC insolvency hearing between KAD Housing and Logix Heights due to technical issues.
Case IB-183/ND/2026 rescheduled for next hearing on 30 June 2026.
Bench comprised Judicial
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
Som Resorts Insolvency Petition Adjourned to May 28
NCLT adjourns Section 7 insolvency petition against Som Resorts Private Limited due to paucity of time.
Multiple interim applications are pending hearing in the matter filed by Yadubir Singh Sajwan.
T
NCLT Adjourns JC Enterprises vs MKS Oil Hearing
NCLT adjourned Section 9 IBC hearing for JC Enterprises vs MKS Oil due to internet connectivity issues.
The matter was listed for next hearing on 07 July 2026 with only the liquidator present.
Case in
Tata Capital vs Bhavinder Singh Khurana Adjournment
NCLT adjourns Tata Capital's insolvency application against Bhavinder Singh Khurana to July 2026.
The matter was heard in a hybrid hearing (physical and VC) by a two-member bench.
The adjournment was
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
NCLT Adjourns Anant Overseas vs Global Houseware Hearing
NCLT adjourned Anant Overseas' Section 9 IBC insolvency petition against Global Houseware due to internet connectivity issues.
The matter involves multiple connected applications including CA-2648/201
Arshiya FY25 Results Under CIRP: Auditor Disclaimer
Arshiya Limited's Resolution Professional approved audited standalone FY25 results on April 28, 2026, during ongoing CIRP.
Auditors issued a disclaimer of opinion due to 12 material uncertainties, inc
Mahendra Commercial Ltd NCLAT Adjournment to July 2026
NCLAT grants final adjournment in Mahendra Commercial Ltd insolvency appeal, listing case for July 2026.
Interim order remains in effect until next hearing date on 29th July 2026.
Appeal involves Mahe
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
NCLAT Adjourns Unique Sugars Ltd Insolvency Appeal
NCLAT adjourns hearing for Comp. App. (AT) (Ins) No. 268 of 2024 to 18th May, 2026.
The appeal involves Pramod Chainsing Rajput versus Unique Sugars Ltd. and its liquidator.
The interim order currentl
NCLAT Reschedules Renaissance Education Insolvency Appeal Hearing
NCLAT grants appellants one week to file rejoinder hard copy in Renaissance Education insolvency appeal.
Tribunal schedules next hearing for July 14, 2026, allowing respondent to file reply within a w
NCLAT Continues Interim Order in Kedia vs Beacon Trusteeship Appeal
NCLAT adjourns insolvency appeal hearing to May 21, 2026, while extending interim relief.
Case involves appellant Kirti Vishwanath Kedia against respondent Beacon Trusteeship Limited.
Legal representa
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
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
Sangharshil Engineering Workers Union NCLAT Appeal Listing
NCLAT Principal Bench schedules hearing for Sangharshil Engineering Shramik Sangh's insolvency appeal against Sanjay Gupta & Ors.
The appeal, registered as Company Appeal (AT) (Insolvency) No. 1947 of
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
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
UPSIDA Appeals NCLAT Order on Savfab Developers Plan
Uttar Pradesh State Industrial Development Authority appeals an NCLT order concerning Savfab Developers Pvt. Ltd.'s insolvency resolution plan.
The NCLAT issued notice to the respondents and listed th
IL&FS NCLAT Judgment Clarification Application Filed
Resolution Professional files applications seeking clarification of NCLAT's 07.01.2026 judgment in insolvency appeals.
NCLAT directs Lucknow Development Authority to file a reply to the clarification
Cedar Hospitality Insolvency Appeal Adjourned to May 20
NCLAT adjourns insolvency appeal filed by suspended Cedar Hospitality director Sunil Sharma.
The appeal is against Interim Resolution Professional Shailesh Chandra Ojha and another respondent.
Case li
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
RK Bharani Appeals Sharma Kalypso Liquidation with 244-Day Delay
NCLAT issues notice on RK Bharani's application to condone a 244-day delay in refiling an appeal.
The appeal is against Reshma Mittal, the Liquidator of corporate debtor Sharma Kalypso Pvt. Ltd.
Tribu
Rattanindia Power Appeals Sinnar Thermal Insolvency Order
NCLAT adjourns Rattanindia Power's appeal against Sinnar Thermal Power's insolvency proceedings to May 15, 2026.
Tribunal grants respondent SRA two weeks to file reply and appellant one week for rejoi
NCLAT Lists Saraya Industries Employees' Appeal
NCLAT issues notice on delay condonation applications filed by Saraya Industries employees' representatives.
Tribunal directs respondents to file replies within three weeks on the procedural delay mat
NCLAT Adjourns Eskay K 'N' IT Insolvency Appeal Hearing
NCLAT adjourns hearing for insolvency appeal of Eskay K 'N' IT (India) Ltd to May 15, 2026.
Appellant's counsel seeks one week to file affidavit supporting refiling delay application.
Respondent No. 1
NCLAT Lists Kindle Infraheights Insolvency Appeals for Hearing
NCLAT lists three interconnected insolvency appeals for a hearing on July 15, 2026.
Appeals involve suspended director Puran and others against Kindle Infraheights Pvt. Ltd. and its Resolution Profess
NCLAT Adjourns Girnar Fibres vs Proma Industries Appeal
NCLAT adjourned Comp. App. (AT) (Ins) No. 835 of 2025 to July 6, 2026, due to lack of time.
The appeal involves Girnar Fibres Ltd. as appellant and Proma Industries Ltd. as respondent.
The Tribunal or
Bird Delhi Aviation CIRP Closed After Settlement
NCLAT sets aside NCLT order admitting Rs 54 lakh insolvency petition against Bird Delhi General Aviation.
Appellant deposited Rs 1.09 crore showing bonafide; parties reached settlement agreement on 09
Niriha Consultancy NCLT Adjournment for Written Submissions
NCLT Ahmedabad adjourned a Section 95 IBC petition filed by Niriha Consultancy against Annu Goyal PG to Parasmani Tubes.
The applicant was directed to file 2-3 page written submissions on petition mai
SIDBI Section 106 IBC Report Delay Condoned
NCLT Ahmedabad condones 104-day delay by Resolution Professional in submitting mandatory Section 106 IBC report.
Tribunal directs Resolution Professional to revise non-conforming report within seven d
Kethos Tiles SRA Substitution Application in NCLT
NCLT Ahmedabad hears application to substitute Parth Patel as SRA replacing RP Iqbal Singh Gandhi.
Application filed under Section 60(5)(c) of IB Code, 2016 following resolution plan approval on 05.02
NCLT Corrects CIRP Calculation Error for C M Smith
NCLT Ahmedabad issues corrigendum to rectify 39-day calculation error in CIRP timeline for C M Smith and Sons Limited.
Tribunal grants exclusion of period from 3/11/2025 to 12/12/2025 and extends CIRP
Sujyot Infrastructure NCLT Liquidation Progress Reports
NCLT Ahmedabad accepts 10th liquidation progress report for Sujyot Infrastructure for Q4 FY26.
Tribunal also accepts separate progress report for the quarter ending December 31, 2025.
Both application
Catalyst Trusteeship Files Blu-Smart Status Report
• Catalyst Trusteeship Limited filed a 3rd status report in the ongoing NCLT insolvency proceedings against Blu-Smart Mobility Limited.
• The report was submitted in compliance with the tribunal's pre
Gopinath Enterprise vs Shree Swami Enterprise Settlement Meeting Order
NCLT Ahmedabad directs a settlement meeting between Gopinath Enterprise and Shree Swami Enterprise under Section 9 IBC.
The respondent is directed to attend a meeting at the operational creditor's off
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
NCLT Ahmedabad Reserves Order in Gayatri Engimech Insolvency Petition
NCLT Ahmedabad Bench reserves order in Section 7 IBC insolvency petition filed by Gayatri Engimech against Sisa Mosaic.
Both parties represented by advocates and have filed written submissions for tri
Equentia Financial Services Fined for RP Fee Non-Compliance
NCLT Ahmedabad orders Equentia Financial Services to pay Rs 25,000 cost for failing to pay the Resolution Professional's fee of Rs 2 lakh.
The applicant was directed to immediately pay the RP's fee vi
NCLAT Reserves Judgment on INCAB Industries Resolution Appeals
NCLAT reserves judgment on multiple appeals challenging INCAB Industries Ltd's corporate insolvency resolution process.
Appeals involve Tropical Ventures Company Ltd and Pegasus Assets Reconstruction
NCLAT Hearing Adjournment for INCAB Industries Cases
NCLAT Principal Bench adjourned multiple interconnected appeals involving INCAB Industries Ltd. to 15th May 2026.
Appellants include Tropical Ventures Company Ltd. and Pegasus Assets Reconstruction Pv
NCLAT Lists Auro Gold Jewellery Liquidation Appeal
NCLAT lists appeal filed by liquidator of Auro Gold Jewellery against CBI for hearing on July 23, 2026.
Appeal concerns insolvency proceedings of Auro Gold Jewellery Pvt Ltd with CBI as respondent.
Ca
Writer Galaxy NCLAT Appeal on Section 10 Rejection
Writer Galaxy Film Productions appealed NCLT's rejection of its Section 10 insolvency initiation application.
NCLAT overturned the order, citing nil trade receivables in balance sheets negating disclo
NCLAT Condones Reliance Communications Appeal Filing Delay
NCLAT condones 12-day delay in filing an appeal by Reliance Communications Ltd.'s resolution professional.
The appeal is scheduled for hearing on May 21, 2026.
The case involves Anish Niranjan Nanavat
NSR-KBA Infrastructure Consortium NCLAT Plan Rejection Stay
NCLAT issues notice and stays an order rejecting NSR-KBA's resolution plan over a performance bank guarantee issue.
Appellant claims an FIR was filed after the initial guarantee couldn't be verified,
CMI Limited Statutory Auditor Resigns April 2026
CMI Limited discloses statutory auditor Bagchi Kejriwal & Co. resignation effective April 18, 2026.
Resignation cited unavoidable reasons and circumstances beyond auditor's control for FY 2026-27.
Aud
NCLAT Adjourns Shyam Associates vs Minepro Minerals Appeal
NCLAT Principal Bench adjourned Company Appeal (AT) (Insolvency) No. 2007 of 2025 to July 3, 2026.
The appeal involves Sri Shyam Associates as appellant versus Minepro Minerals Pvt. Ltd. as respondent
NCLT Approves Maruthi Tubes Repayment Plan
NCLT Hyderabad allows Resolution Professional's application to record a repayment plan.
The application was filed under Section 95 of the Insolvency and Bankruptcy Code, 2016.
The tribunal takes the r
NCLT Closes State Bank Bankruptcy Proceedings Against Prashant Mupparapu
NCLT Hyderabad allows application to discharge bankrupt individual Prashant Mupparapu and close bankruptcy proceedings.
Bankruptcy Trustee appointed on 19 November 2025 submits final report approved b
Sri Mata Infratech Liquidator Files 6th Progress Report
NCLT Hyderabad condones 15-day delay in filing liquidation progress report for Sri Mata Infratech.
Tribunal accepts Liquidator's 6th Progress Report for the company under insolvency.
Applications were
Indian Bank vs Mancherial Cement NCLT Adjournment
NCLT Hyderabad adjourns Indian Bank's Section 7 IBC petition against Mancherial Cement Company to August 2026.
The hearing was held in hybrid mode with counsel present for both the petitioner bank and
Amara Raja Blaze Technologies Liquidation Petition Hearing
NCLT Hyderabad hears liquidation petition for Amara Raja Blaze Technologies Pvt Ltd under IBC Section 59.
Liquidator Mr. Racharla Rama Krishna Gupta represents the company against RoC Telangana respon
NCLT Adjourns Indo Spirits Insolvency Petition Hearing
NCLT Hyderabad adjourned hearing for Indo Spirits' Section 9 insolvency petition against Sri Avantika Constructions to August 13, 2026.
Petitioner's counsel was absent and failed to file a Rejoinder,
NCLT Adjourns Bagasa Plantations Insolvency Hearing
NCLT Guwahati adjourns hearing for Bagasa Plantations insolvency petition filed by Accord India.
Adjournment granted due to bereavement in family of respondent's main counsel, Mr. D. Das.
Matter resch
NCLT Jaipur Directs Service via Liquidator in Krishna Sales Case
NCLT Jaipur Bench orders petitioner to serve Respondent No. 1 through its liquidator due to ongoing liquidation proceedings.
The tribunal notes respondent company Rajasthan Industrial Gases Ltd is und