Tag

Insolvency & Bankruptcy

101 articles
The insolvency and bankruptcy landscape in India remains active, with numerous cases progressing through various stages of the National Company Law Tribunal (NCLT) and Appellate Tribunal (NCLAT). Recent proceedings involve hearings, admissions, and stays related to appeals and insolvency petitions across multiple companies, including Mothers Pride Education, Garden Court Distilleries, and Ace Aviation. Several cases are adjourned, often to allow parties to file affidavits or finalize settlement terms, highlighting the ongoing complexities and procedural aspects of the insolvency resolution process. The Calcutta High Court's overturning of a suit dismissal related to personal guarantees underscores the evolving legal interpretations within the IBC framework, potentially impacting creditor recovery efforts and requiring careful consideration of moratorium applicability.
Nishant Fadia vs Raspalfa Services NCLAT Hearing
NCLAT Principal Bench hears an interlocutory application in an insolvency appeal between Nishant Avinash Fadia and Raspalfa Services Private Limited. Respondent No. 1 is granted permission to file an
NCLAT Issues Notice in Pavitra Commercials Insolvency Appeal
NCLAT issues notice in an appeal filed by Praveen Satpal Jain against Pavitra Commercials Ltd. and others. The tribunal directs respondents to file a reply within three weeks and allows a rejoinder wi
NCLAT Stays CIRP Termination of Mothers Pride Companies
NCLAT stays NCLT order terminating CIRP of three Mothers Pride Education companies due to lack of Section 65 IBC findings. Aditya Birla Capital appeals NCLT's recall of admission orders during extensi
NCLAT Adjourns Shyam Associates vs Minepro Minerals Case
NCLAT Principal Bench adjourned Comp. App. (AT) (Ins) No. 2007 of 2025 to July 28, 2026. Appellant Sri Shyam Associates granted two weeks to file a rejoinder-affidavit. Respondents directed to file ha
Canara Bank Appeal: Suit Dismissal Overturned
The Calcutta High Court set aside the Feb 19, 2026 order dismissing the appellants' title suit under Order VII Rule 11(d). The Court held Section 96 IBC moratorium inapplicable because the insolvency
Garden Court Distilleries NCLAT Appeal Liquidation Concessions
Garden Court Distilleries appeals NCLT order rejecting its application for reliefs and concessions as successful auction purchaser of Honest Derivatives Ltd. The NCLT rejected the application citing a
Ski & Snow Resorts NCLAT Admits Insolvency Appeal
NCLAT admits appeal by Ski & Snow Resorts director against Section 7 IBC admission order. Corporate Insolvency Resolution Process (CIRP) to continue but no plan voting permitted. Appellant granted lib
SRA Universal Buildwell Insolvency Appeals Adjourned to July 29
NCLAT Principal Bench adjourns eight interconnected insolvency appeals filed by Consortium of SRA Universal Buildwell Pvt. Ltd. All appeals are listed for hearing as the first case on July 29, 2026. T
Ace Aviation Appeals NCLAT on Jet Airways GST Security
Ace Aviation XIV Ltd. appeals an NCLT order requiring cash security for potential GST liability on aircraft purchased from Jet Airways. The Liquidator for Jet Airways cites received show cause notices
NCLAT Adjourns Guangzhou Green Science Appeal Hearing
NCLAT adjourned hearing for Comp. App. (AT) (Ins) No. 2087 of 2024 due to paucity of time. Appeal involves Guangzhou Green Science Energy Treatment & Technology Co. Ltd. versus Ashish Arjunkumar Rathi
Chandrakant Bhansali NCLAT Settlement Update
NCLAT lists matter for 14.07.2026 as parties finalize amicable settlement terms. Appellant Chandrakant Bhansali and Respondent C Bhansali Developers near settlement agreement. Parties request 14 days
NCLT Adjourns Ravi Auto Insolvency Hearing
NCLT Kolkata Bench adjourns the hearing in the insolvency petition filed against Ravi Auto Ltd. The matter involving corporate debtor Ravi Auto Ltd. and financial creditor Surana Mercantiles Pvt. Ltd.
NCLT Kolkata Adjourns BMW Fin vs Aradhya Buildcon Hearing
NCLT Kolkata Bench adjourns Section 7 IBC hearing between BMW Fin-Invest and Aradhya Buildcon to July 7, 2026. Tribunal grants financial creditor seven days to file a rejoinder to the corporate debtor
NCLT Adjourns Trux App vs Safe Cargo Hearing
NCLT Kolkata Bench adjourns hearing in Trux App Pvt Ltd vs Safe Cargo Movers Pvt Ltd insolvency case to August 3, 2026. The matter involves a corporate insolvency resolution process under Section 9 of
NCLT Kolkata Adjourns Indian Bank Guarantor Case
NCLT Kolkata Bench adjourned hearing in Indian Bank's insolvency petition against personal guarantor Ramendra Nath Mondal. The matter was posted for next hearing before the Regular Bench on August 24,
NCLT Kolkata Adjourns Vishnu Solutions Insolvency Hearing
NCLT Kolkata Bench adjourns Section 7 insolvency hearing to July 9, 2026. Case involves Williamson Magor as financial creditor versus Vishnu Solutions as corporate debtor. Both parties represented by
NCLT Kolkata Admits Bhumya Tea Liquidation Reports
NCLT Kolkata Bench condones a 9-day delay in filing the preliminary report for Bhumya Tea Company's liquidation. The tribunal allows the liquidator's application to formally take the preliminary repor
NCLT Adjourns Stemztech vs Oscorp Insolvency Petition
NCLT Kolkata Bench adjourns Section 7 IBC petition filed by Stemztech Industries against Oscorp Industries. Matter listed for next hearing before the Regular Bench on 13th July 2026. Both parties were
NCLT Kolkata Adjourns Unilad International Insolvency Hearing
NCLT Kolkata Bench grants Unilad International three days to file reply affidavit in Section 7 insolvency petition. Central Bank of India, the financial creditor, must file rejoinder within five days
NCLT Adjourns Merchem Ltd Insolvency Hearing
NCLT Kochi Bench adjourned a hearing in the Merchem Ltd insolvency case due to a technical glitch in the hybrid court system. The case involves a petition filed by the erstwhile Resolution Professiona
NCLT Kochi Adjourns NCS Autocars Insolvency Petition
NCLT Kochi Bench adjourns Section 7 IBC insolvency petition against NCS Autocars Private Limited. The hearing was postponed due to a technical glitch preventing the virtual hearing from being enabled.
NCLT Appoints IRP for MM Boutique Guarantor Insolvency
NCLT Indore appoints Mukul Anand Singh as IRP to examine insolvency application against personal guarantor Arun Prabhudas Fifadra. IRP directed to submit report within 10 days examining debt, default,
NCLT Adjourns Agrim Ventures vs Khalsa Nutritious Insolvency Petition
NCLT Indore Bench adjourned Section 9 insolvency petition filed by Agrim Ventures against Khalsa Nutritious. Respondent granted 10 days to file a reply, with applicant given one week thereafter for a
Extol Industries Ltd NCLT Adjournment to August 2026
NCLT Indore Bench adjourns an interlocutory application in the Extol Industries Ltd insolvency proceeding to 17 August 2026. The matter was adjourned as pleadings are complete but a related liquidatio
NCLT Indore Reserves Standard Motocorp Insolvency Order
NCLT Indore Bench reserves order in Section 9 insolvency petition filed by Saroj Didwania against Standard Motocorp Pvt Ltd. Tribunal heard rival contentions from both parties and permitted filing of
NCLT Appoints IRP for MM Boutique Guarantor Insolvency
NCLT Indore appoints Mr. Mukul Anand Singh as IRP to examine MM Boutique's insolvency application against personal guarantor Prakash Takhatmal Kothati. The IRP must submit a report under Section 99 IB
NCLT Appoints IRP for MM Boutique vs Kirit Fifadra
NCLT Indore appoints Mukul Anand Singh as IRP to examine insolvency application against personal guarantor Kirit Fifadra. IRP directed to submit report under Section 99 IBC within 10 days, examining d
NCLT Appoints IRP for Bhavna Fifadra Insolvency
NCLT Indore appoints Mukul Anand Singh as IRP to examine MM Boutique's insolvency application against personal guarantor Bhavna Kirit Fifadra. IRP directed to submit report within 10 days examining de
NCLT Appoints IRP for MM Boutique Guarantor Insolvency
NCLT Indore appoints Mukul Anand Singh as IRP to examine MM Boutique's insolvency application against personal guarantor Manoj Prabhudas Fifadra. IRP directed to submit report under Section 99 IBC wit
NCLT Indore Reserves Indore Glass House Order
NCLT Indore Bench reserves its order in an insolvency petition filed against Indore Glass House Pvt Ltd. The petition was filed under Section 7 of the Insolvency and Bankruptcy Code by financial credi
Tata Communications NCLT Petition Against Adventure Services
Tata Communications Ltd files insolvency petition under Section 9 of IBC 2016 against Adventure Services Pvt Ltd. NCLT Bengaluru Bench issues notice to respondent and directs filing of reply within th
NCLT Bengaluru Adjourns I Brands Beverages Insolvency Petition
NCLT Bengaluru adjourns Section 9 insolvency petition against I Brands Beverages Pvt Ltd to 19 August 2026. The petition's foundation, an arbitration award, remains under embargo by the Bangalore Comm
NCLT Adjourns Swan Analytische vs Flowline Insolvency
NCLT Bengaluru adjourns hearing for Swan Analytische's insolvency petition against Flowline Instrumentation to July 29, 2026. Tribunal directs applicant to file rejoinder to respondent's objections wi
NCLT Adjourns Saravana Distributors vs Scotts Garments
NCLT Bengaluru Bench adjourns insolvency petition hearing to 19 August 2026 due to procedural non-compliance. Petitioner Saravana Distributors filed under Section 9 of IBC 2016 against respondent Scot
Just Right Life vs Cerebra NCLT Adjournment
NCLT Bengaluru adjourns insolvency petition CP(IB) No. 59/BB/2024 due to pending stamp duty compliance. Matter listed for next hearing on 01 September 2026 awaiting stamp duty assignment completion. P
NCLT Adjourns Cerebra Technologies Insolvency Petition
NCLT Bengaluru adjourns Sec 7 insolvency petition against Cerebra Integrated Technologies Ltd due to pending stamp duty compliance. The petition, filed by Manish Kumar Bhardwaj, is listed next for hea
Raman Ispat Liquidation Hearing Adjourned to July 13
NCLT Allahabad Bench adjourns hearing for Raman Ispat Pvt Ltd liquidation to July 13, 2026. The order addresses multiple interlocutory applications in the ongoing corporate insolvency process. Counsel
Aayur Technology NCLT Insolvency Petition Settlement
NCLT Bengaluru adjourns Sec 7 insolvency petition against Aayur Technology Solutions. Parties have principally agreed on final settlement amount requiring 2-3 weeks. Matter listed for 29 July 2026 for
NCLT Bengaluru Adjourns Sterne India CIRP Applications
NCLT Bengaluru Bench issues procedural orders on multiple applications in the ongoing CIRP of Sterne India Pvt Ltd. Tribunal grants time to suspended directors and other respondents to file replies in
NCLT Ahmedabad Reserves Order in Mansi Logistics Insolvency
NCLT Ahmedabad bench reserved its order in a Section 9 insolvency application filed by Mansi Logistics against Cubatics Processors. EPFO appeared and filed its reply, while the Income Tax Department w
NCLAT Lists GSCCL Insolvency Appeal for July 31
NCLAT Principal Bench schedules hearing for Company Appeal (AT) (Insolvency) No. 705 of 2025 on July 31, 2026. Appellants Shobhaben Maheshbhai Parmar & Others appeal against respondent Gujarat State C
GNIDA Appeals Today Homes Insolvency Order
Greater Noida Industrial Development Authority files appeal against Today Homes & Infrastructure resolution professional. NCLAT Principal Bench issues notice and schedules next hearing for July 16, 20
NCLAT Adjourns Saivi Finance vs AKJ Metals Appeals
NCLAT Principal Bench adjourns two cross-appeals between Saivi Finance and AKJ Metals to July 27, 2026. The appeals involve a dispute between the two corporate entities, heard in hybrid mode. No subst
NCLAT Adjourns First Choice Properties vs Gstaad Hotels Appeal
NCLAT Principal Bench adjourns two insolvency appeals filed against Gstaad Hotels Pvt Ltd to July 10, 2026. Appeals Comp. App. (AT) (Ins) No. 563 & 564 of 2023 involve First Choice Properties and Sach
NCLAT Sets Ashish Mishra vs Expat Projects Hearing
NCLAT Chennai schedules hearing for Company Appeal (AT) (CH) (Ins) No. 237/2023 between Ashish Mishra and Expat Projects. The tribunal directs the registry to list the matter for hearing on September
SLO Industries Promoter Appeals Against Liquidator
Anil Kumar Ojha, suspended promoter of SLO Industries, files appeal against company liquidator at NCLAT Chennai. The appeal challenges actions or decisions of the appointed liquidator, Ms. Revathi S R
NCLAT Lists SLO Industries Appeal for Admission
NCLAT Chennai schedules admission hearing for an appeal filed by the liquidator of SLO Industries Limited. The appeal is against the company's suspended promoter and managing director, Mr. Anil Kumar
NCLAT Overturns NCLT Rejection of Micro Capitals Resolution Plan
NCLAT allows appeals, sets aside NCLT Mumbai order rejecting resolution plan for KSS Limited submitted by Micro Capitals Private Limited. NCLAT approves resolution plan providing Rs 3.01 crore against
NCLAT Directs Deepak Modi Affidavit on ₹17 Lakh Settlement
NCLAT hears appeal by suspended director Deepak Modi offering ₹17 lakh full settlement to operational creditor Shalfeyo Industries. Operational creditor's counsel raises procedural hurdles regarding F
NCLAT Adjourns Innovative Studios Liquidation Appeals
NCLAT Chennai adjourns two company appeals related to liquidation of Innovative Studios Pvt. Ltd. to August 17, 2026. The appeals were listed for admission after notice with no appearance from the app
Khetan Apparel NCLT Adjournment to 2026
NCLT Jaipur Bench adjourns Khetan Apparel liquidation matter to July 2026 for final arguments. Liquidator requested adjournment to file list of stakeholders in the insolvency proceedings. Case involve
NCLT Adjourns Rajasthan Land Holdings Insolvency Plea
NCLT Jaipur Bench adjourns Section 9 insolvency application against Rajasthan Land Holdings Ltd until July 2026. Operational creditor Rajputana Constructions must file an affidavit clarifying its rema
NCLT Adjourns Super Shine Agrofoods Liquidation Hearing
NCLT Jaipur Bench adjourns hearing to July 3, 2026, due to counsel unavailability in Super Shine Agrofoods liquidation matter. Corporate Insolvency Resolution Process was initiated against Super Shine
NCLT Adjourns Pitambar Solvex Insolvency Hearing
NCLT Jaipur Bench adjourns hearing in Pitambar Solvex insolvency case to July 7, 2026. Adjournment granted due to pending application before NCLT President regarding clarification of differing orders.
NCLT Jaipur Schedules Shreeom Prime Foods Hearing
NCLT Jaipur Bench schedules next hearing for Shreeom Prime Foods liquidation case on July 14, 2026. Case involves operational creditor Varun Kumar's Section 9 insolvency application against corporate
NCLT Jaipur Defers Cloth Cafe Insolvency Petition
NCLT Jaipur Bench hears Section 9 insolvency petition filed by Cloth Cafe against Prakrti Cloth Café Pvt. Ltd. Respondent's counsel states a reply has been filed but is currently under defect and requ
NCLT Jaipur Issues Notice in Epicrop Organics Insolvency Petition
NCLT Jaipur Bench directs service of notice to Cropberry Foods in Section 9 insolvency petition filed by Epicrop Organics. Corporate Debtor Cropberry Foods directed to file reply to the operational cr
NDA Metaoxides Insolvency Adjournment to July 2026
NCLT Jaipur Bench adjourns hearing in insolvency petition against NDA Metaoxides Pvt. Ltd. Adjournment granted until July 13, 2026, following a request from the applicant's counsel. Case involves an o
NCLT Disposes EPFO Claim Against Vadera Tradelink
NCLT Jaipur Bench disposes EPFO's application against liquidator as premature, pending claim verification. Tribunal directs service of notice and reply filing in continuance application, lists matter
NCLT Guwahati Issues Notice in Bee Mili Insolvency Petition
NCLT Guwahati Bench hears Section 7 IBC petition filed by Anhita Financial against Bee Mili Enterprise and its guarantor. Tribunal directs issuance of notice to absent respondents via speed post and e
NCLT Adjourns Virgo Cements Insolvency Hearing
The NCLT Guwahati Bench adjourned the insolvency proceedings to July 10, 2026, for ongoing negotiations between parties. Negotiations involve Prag India, the Successful Resolution Applicant, and inter
Bank of India Insolvency Petition Against JRN Pharma
Bank of India filed an insolvency petition under Section 7 of IBC against JRN Pharma and Laboratories LLP. The NCLT Guwahati Bench directed the petitioner to file hard copies and issue notices to the
NCLT Dismisses Go Organoponics Insolvency Petition
NCLT Guwahati Bench dismisses insolvency petition against Go Organoponics Agritech after parties reach amicable settlement. Petitioner Sanjay Kavatkar sought withdrawal under Section 95 of IBC, 2016 a
NCLT Guwahati Adjourns Kuber Khanij Liquidation Matter
NCLT Guwahati Bench adjourns a liquidation matter involving Kuber Khanij Pvt. Ltd. to 8th July 2026. The matter is an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The
NCLT Chennai Adjourns SLO Industries Liquidation Hearings
NCLT Chennai adjourned 25+ interlocutory applications in SLO Industries Ltd liquidation to August 21, 2026 for further hearings and compliance. Tribunal directed liquidator to file action report on DR
NCLT Adjourns R R Info Park CIRP Timeline Exclusion Hearing
NCLT Chennai adjourns hearing to 02.07.2026 on RP's application seeking CIRP timeline exclusion from 10.07.2025 to 30.05.2026. CoC approved a resolution plan for R R Info Park with over 66% voting on
NCLT Chennai Sets Hearing in Rekha Jindal vs Koodal Industries
NCLT Chennai schedules hearing for September 2026 in insolvency petition filed by Rekha Paramanand Jindal against Koodal Industries Pvt Ltd. Tribunal notes replies filed by multiple respondents, sets
NCLT Extends Sheba Marine Liquidation Timeline 60 Days
NCLT Chennai extends Sheba Marine's liquidation timeline by 60 days to July 30, 2026. Extension granted due to successful bidder's failure to remit the bid amount. Liquidator reported difficulties in
NCLT Disposes Redington India Compliance Application
NCLT Chennai disposes of an application filed by the Resolution Professional of Redington India Ltd. The application sought to take on record newspaper publications and proof of compliance. The tribun
NCLT Directs Southern Investment Liquidator Document Return
NCLT Chennai disposes of an application seeking return of original title documents from a company's liquidator. The liquidator undertakes to hand over the sale deed for 36.600 cents of land in Thiruva
GHCL Ltd vs Gold King Text NCLT Hearing
NCLT Chennai lists application by Gold King Text seeking Rs 1.18 crore settlement from GHCL Ltd. Application claims Rs 44.07 lakh principal plus Rs 73.72 lakh interest at 18% from 2017-2026. Tribunal
NCLT Dismisses Wrongful Trading Case Against Amar Prakaash
NCLT Chennai dismisses Resolution Professional's application seeking Rs 71.82 crore in contributions from directors and related parties for alleged wrongful trading under Section 66 of IBC. Tribunal a
IVP Ltd. vs Indo Shell Mould NCLT Adjournment
NCLT Chennai adjourns IVP Ltd.'s application to revive a disposed insolvency petition against Indo Shell Mould Ltd. The operational creditor reports a development involving issuance of post-dated cheq
NCLT Admits Canara Bank Personal Guarantor Progress Report
NCLT Chennai disposes of an application filed to record a progress report in a personal guarantor insolvency case. The resolution professional's report covers the period from 23 April 2026 to 22 May 2
Orion Water Treatment NCLT Stakeholder List Filed
NCLT Chennai disposes application IA/1045/CHE/2026 filed by M/s. Orion Water Treatment Pvt Ltd. Application sought to formally take on record the list of company stakeholders in ongoing insolvency pro
NCLT Adjourns Khard Enterprises vs Ramnath Developers Hearing
NCLT Allahabad Bench adjourns multiple IAs in Khard Enterprises vs Ramnath Developers insolvency case to August 10, 2026. Tribunal issues directions for filing responses and replies in several pending
NCLT Chandigarh Adjourns Basandari Bottlers Insolvency Petition
NCLT Chandigarh Bench adjourns insolvency petition hearing against Basandari Bottlers Private Limited. Adjournment due to sudden demise of Punjab and Haryana High Court Justice Mahabir Singh Sindhu. M
NCLT Adjourns Shree Basant Oils PUFE Applications
NCLT Allahabad Bench adjourns multiple PUFE applications against Shree Basant Oils Limited. The matters involve proceedings under Section 9 of the Insolvency and Bankruptcy Code. The bench has schedul
Solange Retail NCLT Adjournment to July 2026
NCLT New Delhi adjourns Solange Retail's Section 59(7) IBC matter to 29 July 2026 due to paucity of time. The matter involves an application under the Insolvency and Bankruptcy Code, 2016 for voluntar
NCLT Contempt Notice to Mutiwal Pulp for Non-Payment
Uttarakhand Power Corporation filed a contempt application against Mutiwal Pulp for non-payment of a ₹1.5 crore consent order. The NCLT found prima facie evidence of wilful non-compliance with its ord
YS Marchandise NCLT Hearing Deferred to July 2026
NCLT New Delhi Bench defers hearing for YS Marchandise International's voluntary insolvency petition. Hearing postponed due to non-functional Document Management System (DMS) to 30 July 2026. Case inv
Greka Green Solutions vs Essar Oil IBC Proceeding Adjourned
NCLT Ahmedabad adjourns Section 9 IBC proceeding between Greka Green Solutions and Essar Oil & Gas. Applicant's counsel seeks time to settle the dispute and files physical Vakalatnama copy. Matter lis
Three C Shelters NCLAT Appeals Adjourned to July 9
NCLAT adjourns Two Insolvency Appeals filed by Three C Shelters Pvt Ltd to July 9, 2026. Appeals are against Axis Bank & Ors and separately against Nirmal Singh & Ors. Hearing conducted in hybrid mode
NCLAT Ex-Parte Order Against Vedara India Ventures
NCLAT proceeds ex-parte against Vedara India Ventures for non-appearance in Bank of Baroda's appeal. The case involves an insolvency appeal filed by Bank of Baroda against Vedara India Ventures. The n
NCLAT Lists V.I.R. Foods vs White Water Appeal
NCLAT lists an appeal filed by V.I.R. Foods Ltd. through its Resolution Professional against White Water Hospitality and others. Respondents state they have not been served a copy of the appeal, promp
NCLAT Stays CMT Mechanised Insolvency Admission
NCLAT grants interim stay on CIRP admission order against CMT Mechanised System, subject to a deposit of Rs. 2.62 crore. Appellant director has paid Rs. 65 lakh to the operational creditor and must de
NCLAT Issues Notice on Grey's Exim Insolvency Appeals
NCLAT issues notice on applications to condone delay in filing appeals related to Grey's Exim's insolvency resolution process. The appeals are filed by Mehul Sedani, the successful resolution applican
Valecha LM Toll Liquidation Appeal Delay Condonation Hearing
NCLAT hears application to condone 116-day delay in refiling appeal against Valecha LM Toll Private Limited's liquidation. Tribunal issues notice on condonation application and sets two-week timelines
Guangzhou Green Science NCLAT Appeal Adjourned
NCLAT adjourned hearing for Guangzhou Green Science Energy Treatment & Technology Co. Ltd.'s appeal due to paucity of time. The appeal (Comp. App. (AT) (Ins) No. 2087 of 2024) involves respondents Ash
NCLAT Adjourns ITMA Hotels Insolvency Appeals to August 2026
NCLAT Chennai adjourns two connected insolvency appeals concerning ITMA Hotels India Pvt. Ltd. to 31st August 2026 for hearing. The appellants are Jomer Properties & Investments Pvt. Ltd. and M M Jose
NCLT Chandigarh Adjourns Eximcorp vs Fischers Hearing
NCLT Chandigarh Bench adjourns Section 9 IBC petition hearing due to member demise. Work suspended on 29.06.2026 to honor late Justice Mahabir Singh Sindhu. Matter rescheduled to 09.09.2026 as bar ass
NCLT Chandigarh Defers Upscalio India Insolvency Applications
NCLT Chandigarh Bench disposes two applications to record fortnightly progress reports in the Upscalio India insolvency case. The tribunal defers hearing on multiple other pending applications to the
Duet India Hotels NCLT Appeal Allowed for Refiling
NCLT Chandigarh allows Duet India Hotels' appeal to refile a petition missing Volume-III due to a technical e-filing glitch. The tribunal directs the registry to open the portal for two days to allow
NCLT Grants Sri Vasavi Industries Compliance Extension
NCLT Amaravati Bench grants one-week extension to SRA for uploading compliance documents in Sri Vasavi Industries resolution case. Proxy counsel for SRA stated they are not a party to the IA and reque
Ricela Health Food Ltd. NCLT Hearing Adjourned to July 1
NCLT Chandigarh Bench adjourned a hearing in the matter of Ricela Health Food Ltd. vs Evershine Solvex Pvt. Limited. The adjournment to July 1, 2026, was due to the sudden demise of Punjab and Haryana
NCLT Directs Nithin Proteins CoC Re-examination
NCLT Amaravati Bench orders Committee of Creditors to re-examine liquidation process compliance and pending applications. Liquidator's memo found non-compliant with previous court order dated 15.04.20
NCLT Adjourns Sanghvi Movers Hearing to August 2026
NCLT Allahabad Bench adjourns IA No.280/2024 in CP (IB) No.05/ALD/2020 to 11th August 2026 due to applicant's absence. The matter involves Sanghvi Movers Ltd versus Anindya Infratech Pvt Ltd under Sec
NCLT Adjourns Gupshup vs Nextgen Insolvency Hearing
NCLT Allahabad Bench adjourned hearing in M/s Gupshup Technology India Pvt Ltd vs M/s Nextgen Infratel Pvt Ltd insolvency case. No representatives appeared for either the operational creditor or corpo
NCLT Adjourns JVP Soft vs DLT Labs Insolvency Petition
NCLT Allahabad Bench adjourned an insolvency petition filed under Section 9 of the IBC. The matter involves M/S JVP Soft Pvt. Ltd. as the Operational Creditor versus M/S DLT Labs Technologies Pvt. Ltd
NCLT Adjourns MKM Technologies Liquidation Proceedings
NCLT Allahabad Bench adjourns multiple applications in MKM Technologies Pvt Ltd liquidation case to August 4, 2026. Counsel changes noted with new representation for Liquidator and medical adjournment
NCLT Adjourns Titania Infratech Insolvency Petition
NCLT Allahabad Bench adjourns Section 9 IBC petition filed by Titania Infratech against V.A. Infraventures to August 3, 2026. Corporate Debtor's counsel requested adjournment due to unavailability of