Tag
Insolvency & Bankruptcy
45 articles
NCLT Approves Mason Infratech's Resolution Plan for Sabve Rohini
The National Company Law Tribunal (NCLT) Mumbai approved the resolution plan submitted by Mason Infratech Ltd. for the insolvent Sabve Rohini Contractors Private Limited, which was approved by 96.7% o
NCLAT Lists Phoenix ARC Appeal Against AJR Infra
The National Company Law Appellate Tribunal listed an insolvency appeal filed by Phoenix ARC against AJR Infra & Tolling Ltd.
The appeal is scheduled for hearing on 08 May 2026, as per the order dated
NCLAT Sets Aside NCLT Order, Remands Insolvency Petition
The National Company Law Appellate Tribunal (NCLAT) allowed an appeal against an NCLT order that dismissed a Section 7 IBC petition for non-filing of a proof of service.
The appellant, Hindustan Build
NCLAT Lists Hindustan Buildcon Insolvency Appeal
The National Company Law Appellate Tribunal listed an appeal in an insolvency case between Hindustan Buildcon and Chanakya Academy.
The appeal is scheduled for hearing on April 2, 2026, as per the ord
NCLAT Admits Appeals Against Furnace Fabrica Resolution Plan
NCLAT condoned a 44-day delay and admitted appeals against the NCLT order approving the resolution plan for Furnace Fabrica (India) Limited.
Appellants, including shareholders, challenge the inclusion
NCLT Adjourns Sawaria Seth Infratech Insolvency Case to April 6
The National Company Law Tribunal (NCLT) adjourned an insolvency application filed by Sawaria Seth Infratech against Nitya Realtech to April 6, 2026.
The case, filed under Section 9 of the Insolvency
NCLT Re-notifies Universal Journeys Insolvency Application
The National Company Law Tribunal (NCLT) has re-notified a corporate insolvency application filed by Universal Journeys India Private Limited under Section 10 of the Insolvency and Bankruptcy Code, 20
NCLT Lists Lark Logistics Insolvency Case Under IBC
NCLT lists insolvency application by Tarannom Shargh International Transportation Company against Lark Logistics under IBC Section 9.
The case (IB/139/2021) and connected applications are listed for a
NCLT Adjourns Big Barter Insolvency Case to April 2026
The National Company Law Tribunal (NCLT) adjourned the hearing of an insolvency application filed by Big Barter against Born Unicorn to April 6, 2026.
The case involves an application under Section 9
NCLAT Dismisses Appeal as Withdrawn in Insolvency Case
The National Company Law Appellate Tribunal (NCLAT) dismissed an appeal by an allottee, Sakhy Thomas, after the Successful Resolution Applicant (SRA) offered to settle the matter.
The appeal challenge
NCLAT Sets Aside NCLT Order on Corporate Debtor Access
NCLAT partially allows appeal by Resolution Professional, setting aside NCLT order granting full access to suspended director.
Tribunal upholds RP's possession of corporate debtor's registered office,
NCLAT Lists Appeals in First Choice, Sachana vs Gstaad
The National Company Law Appellate Tribunal lists appeals by First Choice Properties and Sachana Exports against Gstaad Hotels for hearing on April 1, 2026.
The appeals, registered as Company Appeals
NCLAT Lists Vibrant Fab Insolvency Appeal for Hearing
The National Company Law Appellate Tribunal (NCLAT) listed an insolvency appeal for hearing on 6th May 2026.
The appeal was filed by the liquidator of Vibrant Fab Pvt. Ltd. against the company and oth
NCLAT Upholds NCLT Order in Morpheus Bluebell Insolvency
The National Company Law Appellate Tribunal (NCLAT) dismissed an appeal by SGN Universal Construction, upholding the NCLT's order to admit Morpheus Prodevelopers into insolvency, including Tower 5 in
NCLT Adjourns Union Bank vs Aksh Optifibre Insolvency to April 15
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned an insolvency hearing involving Union Bank and Aksh Optifibre to April 15, 2026.
The case, filed under Section 7 of the Insolvency and B
NCLT Adjourns Karni Marbles vs Khushboo Marbles Insolvency Hearing
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned an insolvency hearing between M/s Karni Marbles and Granites and M/s Khushboo Marbles Pvt. Ltd.
The hearing, originally scheduled for Ma
NCLT Issues Corrigendum in Personal Guarantor Insolvency Case
The National Company Law Tribunal (NCLT) issued a corrigendum to correct a typographical error in an insolvency order.
The order corrects the case number from CP(IB)/13/GB/2023 to CP(IB)/14/GB/2023 in
NCLT Adjourns Canara Bank Guarantor Case to April 2026
The NCLT Allahabad Bench adjourned a hearing in the insolvency case between Canara Bank and a personal guarantor to April 17, 2026.
The case involves insolvency proceedings under Section 95 of the IBC
NCLT Adjourns Prudent ARC Insolvency Case to Regular Bench
The National Company Law Tribunal (NCLT) has listed an insolvency application filed by Prudent ARC against Prasar Metal Engineering for hearing before a regular bench.
The application, filed under Sec
NCLAT Lists Insolvency Appeal for Hearing
The National Company Law Appellate Tribunal (NCLAT) listed an insolvency appeal for hearing on 07 April 2026 and allowed parties to submit hard copies.
The appeal involves appellants S.M. Kamal Pasha
NCLAT Sets Aside NCLT Order Admitting Section 95 Applications
The NCLAT set aside the NCLT order admitting Section 95 applications against personal guarantors, citing a violation of interim moratorium rules.
The court held that applications filed during an inter
NCLAT Lists Majha Transport vs DHL Logistics Insolvency Appeal
The National Company Law Appellate Tribunal (NCLAT) listed an insolvency appeal filed by Majha Transport LLP against DHL Logistics Pvt. Ltd. for hearing on 05 May 2026.
The order was passed on 27 Marc
NCLAT Adjourns Sidhartha Buildhome Insolvency Hearing to April 9
The National Company Law Appellate Tribunal (NCLAT) heard an insolvency appeal involving Sidhartha Buildhome and its homebuyers, with multiple parties represented.
The Successful Resolution Applicant,
NCLAT Adjourns Sidhartha Buildhome Insolvency Hearing to April 9
The National Company Law Appellate Tribunal (NCLAT) heard an insolvency appeal involving Sidhartha Buildhome and its homebuyers, with multiple parties represented.
The Successful Resolution Applicant,
NCLAT Grants Time in Renaissance Education Insolvency Appeal
The National Company Law Appellate Tribunal (NCLAT) allowed the respondent liquidator two weeks to file a reply in an insolvency appeal.
The appellants are Tejas S. Khandhar and others, and the respon
NCLAT Dismisses Appeal on Preferential Transaction in WSH Pvt. Ltd.
The NCLAT dismissed an appeal against an NCLT order that declared a transaction preferential and directed payment of Rs. 2 crore.
The tribunal found that offsetting payables and receivables between re
NCLT Directs RP to Admit Union Bank's Rs 27.48 Cr Claim
The NCLT allowed Union Bank's application, directing the resolution professional to admit its Rs 27.48 crore claim in the Frost International insolvency.
The Tribunal held the claim was within limitat
NCLT Orders Liquidation of Shree Gangour Foods
NCLT rejects Resolution Professional's plea for CIRP extension and orders liquidation of Shree Gangour Foods (Jaipur) LLP.
The tribunal found the Resolution Professional negligent for not seeking time
NCLT Admits Insolvency Plea Against Tarun Alloys
The NCLT admitted a Section 7 IBC petition, initiating CIRP against Tarun Alloys for a default of Rs. 1.21 crore.
The tribunal overruled the corporate debtor's objections, finding a financial debt and
NCLT Extends Bankruptcy Process for Sri Ananda Lakshmi Industries
NCLT grants 190-day extension to bankruptcy process for Sri Ananda Lakshmi Industries, allowing trustee to conclude proceedings.
Delay of 95 days in filing condoned due to pending writ petition in And
Supreme Court Bars CTUIL from Appropriating Security Deposit
The Supreme Court upheld NCLT and NCLAT rulings that CTUIL's appropriation of a Rs 108.44 crore security deposit towards pre-CIRP dues violated the IBC moratorium.
The Court held the deposit could onl
NCLAT Adjourns Provident Fund Commissioner's Appeal in Kimaya Industries Insolvency
The National Company Law Appellate Tribunal (NCLAT) adjourned the appeal filed by the Regional Provident Fund Commissioner in the insolvency of Kimaya Industries Pvt. Ltd. to April 8, 2026.
The Provid
NCLAT Lists Customs Appeal Against Liquidator
The NCLAT listed an appeal by the Customs Department against a liquidator for hearing on 21 April 2026.
The case involves the Assistant Commissioner of Customs and the liquidator of Metalite Eco Futur
NCLAT Lists JFC Finance Insolvency Appeal
The National Company Law Appellate Tribunal listed Company Appeal No. 1820 of 2025 for hearing on April 14, 2026.
The appeal involves JFC Finance (India) Ltd. versus Arvind Garg and others in an insol
NCLAT Adjourns EPFO Insolvency Appeal to April 2026
The NCLAT adjourned the appeal by EPFO in the Dr. Jain Video insolvency case to April 9, 2026.
The adjournment was granted at the request of the appellant's counsel during the insolvency appeal.
The o
NCLAT Grants Time for Reply in Bharat Papers Case
The NCLAT allowed Respondent No. 4 to file a reply within two weeks in an insolvency appeal involving Bharat Papers Ltd.
Other respondents may also file replies within the same period as per the tribu
NCLAT Lists Cosmic Ferro Alloys vs DVC Case for April 2026
The National Company Law Appellate Tribunal listed the appeal for hearing on 15th April 2026 at 2:00 PM.
The appeal is filed by Cosmic Ferro Alloys Ltd. against Damodar Valley Corporation in an insolv
NCLAT Adjourns EPFO Appeal Against IT Source Technologies RP
The National Company Law Appellate Tribunal (NCLAT) adjourned an appeal hearing filed by the Employees Provident Fund Organisation (EPFO) against the Resolution Professional of IT Source Technologies
NCLT Adjourns SBI Insolvency Case to April 2026
The NCLT listed the insolvency case of Ethnic Tobacco for further hearing on 29 April 2026.
The Bankruptcy Trustee submitted judgments to support his continuation despite being 70.
The matter was list
NCLT Modifies Order in Flint Group Insolvency Case
The National Company Law Tribunal (NCLT) in Ahmedabad modifies its earlier order in the insolvency case of Flint Group India Pvt. Ltd. filed by C J Shah & Co.
The order follows an appeal which directe
AAN Global Files Insolvency Case Against Vasishta
On March 23, 2026, AAN Global Avenues filed an insolvency petition against Vasishta Constructions under Section 7 of IBC before NCLT Hyderabad.
The NCLT Hyderabad Bench heard the petition on March 23,
NCLT Reserves Orders in Exim Bank vs DQ Entertainment
The NCLT Hyderabad heard multiple IAs in the insolvency case filed by Exim Bank against DQ Entertainment, reserving orders on some and adjourning others.
For IAs 1272/2023 and 1273/2023, the matter wa
NCLT directs reply in Canara Bank insolvency case
The National Company Law Tribunal, Hyderabad Bench, heard an insolvency petition filed by Canara Bank against personal guarantor K. Pramadha Rao.
The tribunal directed the respondent to file a Vakalat
Canara Bank IBC Petition Against Personal Guarantor
Canara Bank filed a petition under Section 95 of IBC against personal guarantor T. Sathish Kumar for RKI Builders Pvt Ltd.
NCLT Hyderabad directed the respondent to file vakalat, counter, and objectio
NCLAT Grants Time in Tetra-Pak and Rajaram Foods Appeals
The NCLAT allowed the respondent to file a reply in two insolvency appeals involving Tetra-Pak and Rajaram Foods.
The appellant has two weeks to file a rejoinder, and the case is listed for hearing on