Tag
Insolvency Proceedings
16 articles
Insolvency proceedings in India continue to face delays and adjustments as numerous appeals are being heard by the National Company Law Appellate Tribunal (NCLAT). Across various cases, including those involving Solar Semiconductor, MAP Refoils, and Mastana Foods, NCLAT has adjourned hearings, often granting extensions or opportunities for settlement discussions. These procedural developments highlight the complexities and ongoing legal challenges within the insolvency resolution framework, impacting timelines for creditors and debtors alike. The NCLAT’s actions underscore the need for continued refinement of the Insolvency and Bankruptcy Code to ensure efficient resolution processes and minimize protracted legal battles.
NCLAT Adjourns SNJ Distillers Insolvency Appeals Hearing
NCLAT Chennai adjourns multiple interconnected insolvency appeals involving SNJ Distillers, Apollo Distilleries, and S. Rajendran to August 2026.
All existing interim orders granted by the Tribunal ar
Ravindra Mogra vs Canara Bank NCLAT Adjournment
NCLAT adjourns Ravindra Mogra's insolvency appeal against Canara Bank to September 3, 2026.
Appellant's counsel informs tribunal of a pending One-Time Settlement proposal submitted to the bank.
The tr
NCLAT Adjourns K.K. Welding Guarantor Appeal
NCLAT Principal Bench adjourns an insolvency appeal filed by a personal guarantor to K.K. Welding Ltd.
The appeal is listed for the next hearing on 05.10.2026 against Asset Reconstruction Company (Ind
TV Vision Reschedules Interim Resolution Professional Meeting
TV Vision Limited postpones its Interim Resolution Professional meeting originally scheduled for August 14, 2026.
The rescheduled meeting will now be held on August 18, 2026 to approve unaudited Q1 FY
EPFO Seeks 93-Day NCLAT Filing Extension
Employees Provident Fund Organisation files application to condone 93-day delay in refiling appeal.
Delay attributed to internal approvals, administrative processing, and counsel's other court commitm
NCLAT Reserves Judgment in Garden Court Distilleries Appeals
NCLAT reserves judgment in two interconnected insolvency appeals involving State Bank of India and Garden Court Distilleries.
Appeal AT(Insolvency) 1138/2026 features SBI as appellant against Garden C
Rajesh Bansal NCLAT CIRP Stay Plea Hearing
Appellants seek NCLAT order to restrain Resolution Professional from issuing Form G and proceeding with CIRP.
Delhi High Court had earlier directed appellant to pay ₹3.80 Crores to Axis Bank in 3 inst
NCLAT Rejects Kumud Jain's Interim Stay Against Kotak
NCLAT rejects interim stay application by Kumud Jain against Kotak Mahindra Bank's CIRP initiation order.
Appellant argued CIRP was based on time-barred debt and improper pleading of OTS agreement in
Kodak India NCLAT Insolvency Appeal Adjourned
NCLAT adjourns Kodak India's insolvency appeal against Graphics Pvt. Ltd. to September 24, 2026.
The order was issued by a two-member bench comprising judicial and technical members.
Legal representat
NCLAT Postpones International Mega Food Park Appeal
NCLAT Principal Bench postpones hearing for appeal in International Mega Food Park Ltd. insolvency matter.
Appeal filed by Committee of Creditors against consortium of Ajay Yadav and Lata Yadav.
Case
NCLAT Adjourns Jet Airways Liquidation Appeals to September
NCLAT adjourns three appeals by Delhi and Mumbai International Airports against Jet Airways liquidator to September 21, 2026.
The appeals challenge actions or decisions related to the liquidation proc
NCLAT Adjourns Logix Infratech Insolvency Appeal
NCLAT adjourns Company Appeal (AT) (Insolvency) No. 959 of 2026 to 28th September 2026.
Appeal involves Ram Shree Dixit as appellant versus Logix Infratech Ltd. & Anr. as respondents.
Order issued in
NCLAT Lists GIC Housing Finance Appeals for September
NCLAT adjourned two connected appeals involving GIC Housing Finance Ltd to 18th September 2026 for hearing.
The appeals were filed by Truvisory Insolvency Professionals and VSJ Investments against GIC
NCLAT Lists Chandrakant Shah vs ACRE Appeal
NCLAT Principal Bench lists insolvency appeal for hearing on August 13, 2026.
Interim order previously granted in the matter is directed to continue until next hearing.
Appeal involves Chandrakant Hir
NCLAT Directs Swift Resolution Plan Hearing for Syska LED
NCLAT disposes appeal against NCLT order excluding Gurumukh Uttamchandani's resolution plan for Syska LED Lights.
Tribunal directs NCLT Mumbai to decide exclusion application IA No.3015/2026 within 7
NCLAT Stays Corporate Debtor's 80,400 Sq Mtr Land Possession
NCLAT issues notice and grants interim stay on possession of 80,400 sq mtrs land linked to a Corporate Debtor's insolvency resolution plan.
Appellants challenge an order allowing the Monitoring Commit