Tag
Insolvency Proceedings
72 articles
NCLT Re-notifies Senior Builders Insolvency Hearing
The NCLT has re-notified the hearing of an insolvency case against Senior Builders Limited to April 6, 2026.
The application was filed under Section 7 of the IBC by Lt. Col. Retd. SPS Aurora and other
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 Reserves Order in Dera Finvest Insolvency Appeal
The National Company Law Appellate Tribunal (NCLAT) has reserved its order in an insolvency appeal (Company Appeal No. 1292 of 2025) and listed the matter for orders on 02.04.2026.
The appeal has been
NCLT Adjourns Sawaria Seth Hearing to April 6
The NCLT adjourned the hearing to April 6, 2026, in the insolvency case between Sawaria Seth Infratech and Proview Infrastructure.
The case involves an application under Section 9 of the Insolvency an
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 Adjourns Central Bank vs. Saleem Insolvency Case
The NCLT adjourned the insolvency case of Central Bank vs. Mohd. Saleem to April 6, 2026.
The case is under Section 95 of the Insolvency and Bankruptcy Code, 2016.
The hearing was conducted in hybrid
NCLT Adjourns A.B. Stainless Steel Insolvency Case to April 6
The National Company Law Tribunal (NCLT) has adjourned a Section 9 insolvency petition filed by A.B. Stainless Steel against M/s International Coil Ltd. to April 6, 2026.
The case, filed under the Ins
Supreme Court Stays CIRP in Pravista Infra Case
The Supreme Court issued notice and stayed the Corporate Insolvency Resolution Process (CIRP) initiated by the NCLT against Pravista Infra Pvt Ltd.
The Court was informed that an application to set as
NCLAT Dismisses Appeal as Withdrawn in Insolvency Case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 Sets Aside Liquidation Order, Expunges Adverse Remarks
NCLAT sets aside liquidation order of Infodrive Software Ltd, expunges adverse remarks against RP.
Appeal allowed; liquidation order set aside as RP filed for liquidation without CoC approval.
CoC to
NCLAT Lists Ireo Fiveriver Insolvency Appeal for May 2026
The National Company Law Appellate Tribunal (NCLAT) listed an insolvency appeal for Ireo Fiveriver Pvt. Ltd. for hearing on 7th May 2026.
The appeal was filed by Narender Kumar Payal against the monit
UTM Engineering Insolvency Appeal Adjourned to May 2026
The National Company Law Appellate Tribunal (NCLAT) has adjourned an insolvency appeal case to May 2026.
The appeal involves Krupasindhu Mandal, a former director of UTM Engineering Pvt. Ltd., and the
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 Unique Infraengineering Insolvency Hearing to April 2026
The National Company Law Tribunal (NCLT) Jaipur Bench has adjourned a hearing in an insolvency case to 07.04.2026 due to the unavailability of the judicial member.
The case involves an operational cre
NCLT Adjourns Bank of Baroda vs. Jai Kumar Somani Hearing
The National Company Law Tribunal (NCLT) adjourned the hearing of an insolvency case filed by Bank of Baroda against personal guarantor Jai Kumar Somani to 17 April 2026.
The case, filed under Section
NCLT Adjourns Bank of Baroda Insolvency Case Against Guarantor
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned the hearing of an insolvency application filed by Bank of Baroda against a personal guarantor due to the unavailability of a judicial me
NCLT Adjourns Bank of Baroda vs. Sameer Somani Hearing
The National Company Law Tribunal (NCLT), Jaipur Bench, adjourned the hearing in the insolvency case of personal guarantor Mr. Sameer Somani to 17.04.2026.
The adjournment was due to the absence of th
NCLT Adjourns Bank of Baroda Insolvency Hearing
The National Company Law Tribunal (NCLT) Jaipur Bench has adjourned a hearing in an insolvency case filed by Bank of Baroda against a guarantor.
The hearing was rescheduled to April 10, 2026, due to t
NCLT Adjourns Hearing in Incred Financial vs. Resonance Eduventures
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned a hearing in the insolvency case filed by Incred Financial Services against Resonance Eduventures.
The hearing, originally scheduled for
NCLT Adjourns Vivriti Capital Insolvency Hearing to April 7
The NCLT Jaipur Bench adjourned the hearing in the Vivriti Capital insolvency case to April 7, 2026, due to member leave.
The case involves Vivriti Capital Ltd. as a financial creditor under Section 9
NCLT Adjourns SIDBI Insolvency Case to April 2026
The National Company Law Tribunal (NCLT) adjourned the hearing of an insolvency petition filed by SIDBI against Ish Raj Silicon Pvt. Ltd. to April 7, 2026.
The case, filed under Section 7 of the Insol
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 Ardor Global Insolvency Hearing
The National Company Law Tribunal (NCLT) adjourned a Section 9 IBC hearing due to an air conditioning failure in the court.
The case involves Renish Petrochem FZF as the operational creditor and Ardor
NCLT Admits Section 9 IBC Application Against Pithadai Construction
The National Company Law Tribunal (NCLT) admitted a Section 9 IBC application filed by Mittal Construction Co. against Pithadai Construction Pvt. Ltd. for an unpaid operational debt.
The NCLT issued a
NCLT Adjourns Insolvency Case Due to AC Failure
The National Company Law Tribunal (NCLT) adjourned an insolvency hearing due to air conditioning failure in the court.
The case involves an application by Trigun Enterprise against Vivek Steelco Pvt L
NCLT Adjourns Insolvency Case Against Personal Guarantor
The National Company Law Tribunal (NCLT) adjourned an insolvency proceeding against a personal guarantor due to a technical issue in the court.
The case involves Bank of Baroda's application under Sec
NCLT Hears IREDA's Insolvency Plea Against Gensol Engineering
The National Company Law Tribunal (NCLT) heard multiple applications in the insolvency case of Gensol Engineering filed by IREDA, issuing notices and setting timelines for replies.
The tribunal dispos
NCLT Adjourns Neo Infrastructure Insolvency Case Awaits SC
The National Company Law Tribunal (NCLT) adjourned the insolvency case of Neo Infrastructure Pvt. Ltd. under Section 7 of the IBC, 2016, pending a Supreme Court judgment.
The case, filed by Bank of Ba
NCLT Adjourns Brys International Insolvency Case Pending Supreme Court Ruling
The National Company Law Tribunal (NCLT) adjourned the insolvency proceedings of Brys International Pvt Ltd, pending a Supreme Court judgment in a related matter.
The case involves an insolvency appli
NCLT Adjourns Personal Guarantor Cases Involving Premier Vinyl Flooring
The National Company Law Tribunal (NCLT) Allahabad Bench has adjourned three applications related to personal guarantors of Premier Vinyl Flooring Limited under the Insolvency and Bankruptcy Code (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 SBI Insolvency Appeals for Hearing
The National Company Law Appellate Tribunal (NCLAT) has listed three insolvency appeals for hearing on 22 April 2026.
The appeals are filed by individuals against the State Bank of India's Stressed As
NCLAT Rejects Delay Condonation in Alps Lesuire Liquidation Appeals
NCLAT rejects delay condonation and dismisses appeals by Alpesh Gandhi against NCLT orders in Alps Lesuire Holidays Ltd. liquidation.
Appellant cited judicial custody as reason for 74-day and 16-day d
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
Greater Noida Authority Appeals Insolvency Payout in NCLAT
The Greater Noida Industrial Development Authority has appealed to the NCLAT, challenging a resolution plan that offers it only a 5% payout on its Rs. 82.23 crore claim.
The appellant, a secured credi
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 Dismisses Homebuyers' Appeal in Vatika Insolvency
The NCLAT dismissed appeals by homebuyers challenging the NCLT order admitting Vatika Ltd into insolvency under Section 7 of the IBC.
The NCLAT upheld the NCLT's rejection of the homebuyers' applicati
NCLAT Lists GBP Developers Appeal for May 8
The National Company Law Appellate Tribunal (NCLAT) listed an insolvency appeal filed by GBP Developers Pvt. Ltd. for hearing on May 8, 2026.
The appellant, GBP Developers, is contesting a matter rela
NCLAT Lists C&C Towers Insolvency Appeals
The NCLAT order lists multiple insolvency appeals involving C&C Towers Ltd. and various appellants.
The tribunal allowed the appellant to file a rejoinder in I.A. No. 6655 of 2025 within two weeks.
Th
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 Orders Repayment in Autopal Industries Preferential Transactions
The NCLT allowed an avoidance application against Autopal Industries, ordering four respondents to repay amounts received as preferential transactions.
The tribunal found transactions worth INR 33.82
NCLT Dismisses Contempt Plea Against Baldva Textiles Directors
NCLT dismisses contempt plea against Baldva Textiles directors for non-compliance with a repayment order, citing the applicant's lack of locus standi.
The Tribunal held the erstwhile resolution profes
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 by 190 Days
The National Company Law Tribunal (NCLT) Amaravati Bench allowed an application to extend the corporate insolvency resolution process by 190 days.
The extension, from November 2025 to May 2026, was gr
NCLAT Lists Punjab National Bank Insolvency Appeals for Hearing
The National Company Law Appellate Tribunal (NCLAT) has listed two insolvency appeals for hearing on 15 April 2026.
The appeals, filed by Deepak Kumar Jain and Rinku Deepak Jain, are against Punjab Na
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 Suwarna Buildcon vs Sadbhav Engineering Appeal
The National Company Law Appellate Tribunal (NCLAT) listed Company Appeal (AT) (Insolvency) No. 1275 of 2025 for hearing on 21.04.2026.
The appeal involves Suwarna Buildcon Pvt. Ltd. (Appellant) and S
Bank of Baroda Insolvency Appeal Hearing Set
The National Company Law Appellate Tribunal listed the insolvency appeal of Bank of Baroda for hearing on 08.05.2026.
The interim order, the details of which are not specified in the provided text, wi
NCLAT Upholds CoC Rejection of Goldendreams Buildcon's Resolution Plan
The NCLAT dismissed Goldendreams Buildcon's appeal against the rejection of its resolution plan for Somerset Construction, upholding the CoC's commercial wisdom.
The court found no procedural lapses,
AAA Landmark Insolvency Appeal Listed for 10 April 2026
The National Company Law Appellate Tribunal listed the insolvency appeal of AAA Landmark Pvt. Ltd. for hearing on 10 April 2026.
The appeal, filed by AAA Landmark Pvt. Ltd. against Jalesh Kumar Grover
NCLAT Lists Jeju Metals Insolvency Appeal for Hearing
The National Company Law Appellate Tribunal listed an insolvency appeal by Jeju Metals against Sumit Binani for hearing on 7th May 2026.
The order was passed on 24th March 2026 by a bench comprising J
NCLAT Lists Appeals in Hotel Horizon Insolvency Case
NCLAT lists appeals by Vishal Sharma against NCLT order in Hotel Horizon insolvency, to be heard on 10.04.2026.
NCLT had directed police to take possession of assets and extended the resolution plan i
GAIL Appeals Videocon Insolvency Case to NCLAT
GAIL (India) Ltd. has filed an appeal in the NCLAT against the Resolution Professional of Videocon Industries Ltd.
The case is scheduled for hearing on 11th May 2026 at the NCLAT Principal Bench in Ne
NCLAT Dismisses BSE Appeals on Demat Account Freezing
The NCLAT dismissed BSE's appeals against NCLT orders to defreeze demat accounts of corporate debtors undergoing insolvency.
The tribunal held that NCLT has jurisdiction under IBC to order defreezing
NCLAT Allows Insolvency of Personal Guarantors in Phoenix ARC Case
The National Company Law Appellate Tribunal (NCLAT) allowed appeals by Phoenix ARC, setting aside the NCLT order and admitting insolvency petitions against personal guarantors Rajendra and Hema Salot.
NCLT Hears Trustee Age Continuation Case
The National Company Law Tribunal (NCLT) is hearing a case regarding the continuation of a bankruptcy trustee who has attained 70 years of age.
The trustee, Mr. K. S. Chowdary, has filed judgments sup
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 Rejects Intervention in Ajay Protech CIRP Withdrawal
NCLT Ahmedabad dismissed an intervention application by five operational creditors in the CIRP of Ajay Protech Private Limited.
The applicants, being operational creditors, had submitted claims but th
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
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
NCLT Adjourns Patron vs. GKR Insolvency Case Hearing
The National Company Law Tribunal (NCLT) Hyderabad adjourned a hearing for a corporate insolvency petition under Section 9 of the IBC, with the next hearing on 11 May 2026.
The petition was filed by P
UCO Bank vs. Chalasani Ajad Kumar NCLT Hearing Adjourned
The National Company Law Tribunal (NCLT) Hyderabad Bench heard a case filed by UCO Bank against Shri Chalasani Ajad Kumar under the Insolvency and Bankruptcy Code.
The respondent's counsel accepted se
Supreme Court Dismisses Lamba Exports' Recall Plea
The Supreme Court dismissed Lamba Exports' recall application, citing lack of maintainability after the dismissal of its special leave petition.
The dispute involved an agreement to sell a property fo
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
NCLAT Lists Hannu Steels vs Rathi Powertech Insolvency Appeals
The National Company Law Appellate Tribunal (NCLAT) listed two insolvency appeals filed by Hannu Steels against Rathi Powertech for hearing on 30 April 2026.
The appeals (Company Appeal (AT) (Insolven
NCLAT Lists Maximal Infrastructure Insolvency Appeal for Hearing
The National Company Law Appellate Tribunal listed the insolvency appeal of Maximal Infrastructure Pvt. Ltd. for further hearing on 25.03.2026.
The appellant, Maximal Infrastructure, was granted 30 mi
NCLAT Lists Appeals in Pratibha Industries Insolvency
The National Company Law Appellate Tribunal listed three appeals related to the insolvency of Pratibha Industries for hearing on April 28, 2026.
The appeals involve former directors and the liquidator