Tag
Insolvency
161 articles
The Indian insolvency landscape remains active, with numerous appeals and proceedings underway across various tribunals. Recent developments highlight ongoing disputes related to claims verification, the formation of Committees of Creditors, and the interpretation of regulatory orders within the insolvency resolution process. Key cases involve entities such as Garg Builders, Mehsana Dairy, UCO Bank, and IIFL Home Finance, alongside appeals from State Bank of India and Axis Bank, demonstrating the complexity and protracted nature of resolving distressed assets. While procedural adjournments are common, Axis Bank's successful appeal underscores the importance of adhering to restructuring agreements, and the ongoing scrutiny of Resolution Professional actions suggests continued judicial oversight of the insolvency process.
Garg Builders NCLAT Adjournment to July 15
NCLAT Principal Bench adjourns hearing for Company Appeal (AT) (Insolvency) No. 1149 of 2026.
Case involves Garg Builders as appellant versus Prabhjit Singh Soni & Ors. as respondents.
Next hearing is
NCLAT Stays CoC Formation in Mehsana Dairy Insolvency
NCLAT admits appeal by suspended director of Mehsana Dairy against admission of Section 9 insolvency application.
Tribunal allows claims collation but stays Committee of Creditors formation until next
UCO Bank Appeals NCLT Section 95 Application Rejection
UCO Bank appeals NCLAT against NCLT order rejecting its Section 95 insolvency application against a personal guarantor.
NCLT rejected application citing RP's failure to consider limitation period from
NCLAT Chennai Adjourns Transstroy OJSC Appeals
NCLAT Chennai adjourns two appeals filed by Corporation Transstroy OJSC to August 19, 2026.
The appeals are against respondents Dr. G.V. Narasimha Rao and another party.
The adjournment was granted ba
Sonata US Subsidiary's Involuntary Bankruptcy Petition Dismissed
Sonata Software provides a regulatory update on US legal proceedings involving its subsidiary Sonata Software North America, Inc.
A US court dismissed an involuntary Chapter 7 bankruptcy petition file
IIFL Home Finance Appeals NCLAT Claim Verification Order
IIFL Home Finance Ltd. appeals an NCLT order directing re-verification of its claim in Tushar Real Home LLP's insolvency.
The appellant argues it was a co-borrower, and claim acceptance should not be
SBI Appeals Yogiraj Spinning Insolvency NCLAT Order
State Bank of India appeals against Yogiraj Spinning's Resolution Professional in NCLAT insolvency proceedings.
Respondent filed reply; appellant must file rejoinder by July 17, 2026, with hearing set
NCLAT Adjourns as Infracon Director Appeal Hearing
NCLAT hears appeal by Renu Lalit Agarwal, suspended director of as Infracon Pvt Ltd, against SIDBI and another respondent.
Tribunal notes interim order from December 2024 remains operative and directs
NCLAT Sets Ascendancy Financial Ex Parte
NCLAT Principal Bench sets respondent Ascendancy Financial Services ex parte for non-appearance.
Judgment is reserved after hearing both sides in the insolvency appeal filed by Wild Dreams Trading.
Th
Anshul Gupta Appeals IBBI's Two-Year Suspension
Anshul Gupta appeals an IBBI order suspending his registration as a Resolution Professional for two years.
The suspension order, dated 16.06.2026, is scheduled to come into force 30 days after its iss
State Bank of India NCLAT Appeal on Liquidation Concessions
State Bank of India appeals NCLT order rejecting its application for reliefs and concessions as successful auction purchaser of Garden Court Distilleries.
NCLT rejected SBI's application citing amendm
NCLAT Adjourns Cedar Hospitality, Golf Technologies Appeals
NCLAT adjourns two insolvency appeals filed by suspended directors of Cedar Hospitality and Golf Technologies to July 30, 2026.
Bank of India granted two weeks to file reply; appellants permitted to f
NCLAT Lists V K R vs Welpsun Insolvency Appeal
NCLAT Principal Bench schedules hearing for Company Appeal (AT) (Insolvency) No. 100 of 2026.
Appeal involves V K R Projects Pvt. Ltd. as appellant versus Welpsun Sattanathapuram Nagapattinam Road Pvt
NCLAT Dismisses One Appeal, Admits Another in Abhyudaya Bank Insolvency
NCLAT dismissed Appeal No. 1085 of 2026 as infructuous after the Adjudicating Authority passed its final order in the underlying corporate insolvency process.
Admitted Appeal No. 1084 of 2026, which c
NCLAT Adjourns Phoenix ARC Sovereign Developers Appeals
NCLAT Chennai adjourns two appeals filed by Phoenix ARC against the RP of Sovereign Developers to September 2026.
The appeals challenge orders or actions related to the corporate insolvency resolution
NCLAT Schedules Ramakrishna Township Director Appeal Hearing
NCLAT Chennai schedules admission hearing for appeal by suspended director of Ramakrishna Township against SREI Equipment Finance.
The appeal challenges a proceeding under the Insolvency and Bankruptc
Axis Bank Wins NCLAT Appeal Restoration Over Default
NCLAT restores Axis Bank's insolvency appeal against Chintamani's Jewellery due to material breach of court-recorded consent terms.
Corporate Debtor defaulted on ₹2.60 crore principal payments despite
NCLAT Lists Anand & Kumar Appeals Against IDBI Trusteeship
NCLAT lists two insolvency appeals filed by Udaivir Anand and Santosh Kumar against IDBI Trusteeship Services for hearing on August 11, 2026.
The Tribunal directs that the existing interim order in bo
NCLAT Adjourns Planet Builders Insolvency Appeals
NCLAT adjourned two interconnected insolvency appeals, Comp. App. (AT) (Ins) No. 2035 of 2024 and Comp. App. (AT) (Ins) No. 197 of 2025, to July 21, 2026.
The Tribunal directed the Resolution Professi
McNally Bharat Discloses Nil Loan Defaults Post-NCLT
McNally Bharat discloses nil defaults on loans and debt securities as of June 30, 2026.
All loans were fully settled per NCLT-approved Resolution Plan dated December 19, 2023.
Company accounts remain
MT Educare Discloses ₹32.33 Crore Loan Default
MT Educare discloses a ₹32.33 crore default on bank loans as of June 30, 2026, under ongoing corporate insolvency.
The company faces invoked corporate guarantees totaling ₹23.99 crore from Axis Bank a
Mansfield Cables Granted Leave to Amend Parties
Supreme Court heard Civil Appeal No.3299/2023 between Mansfield Cables Co Ltd and Rajeev Goel & Anr on 30‑06‑2026.
Court found appellant no longer in CIRP, representing its Board, and granted permissi
Mansfield Cables Granted Leave to Amend Parties
Supreme Court heard Civil Appeal No.3299/2023 between Mansfield Cables Co Ltd and Rajeev Goel & Anr on 30‑06‑2026.
Court found appellant no longer in CIRP, representing its Board, and granted permissi
Supreme Court Grants Two-Week Extension to Tibrewal
Supreme Court heard petition for special leave to appeal (C) No.24822/2023 filed by Pankaj Kumar Tibrewal, Resolution Professional Incab Industries Ltd, against The Custodian.
Court ordered the petiti
NCLT Kolkata Adjourns Roofers Infrastructure Insolvency
NCLT Kolkata Bench adjourns Section 7 insolvency proceedings against Roofers Infrastructure India Pvt Ltd.
The matter involves Samskar Financial Services as the financial creditor initiating the Corpo
NCLT Mumbai Reserves Topworth Pipes Insolvency Order
NCLT Mumbai Bench reserves order on MA 4064/2019 in Bank of Baroda's insolvency petition against Topworth Pipes & Tubes Pvt Ltd.
Multiple respondents, including Punjab National Bank, were represented
NCLT Kolkata Adjourns Solapur Tollways Insolvency Hearing
NCLT Kolkata Bench adjourns multiple insolvency applications related to Solapur Tollways Private Limited to July 2, 2026.
Union Bank of India initiated corporate insolvency resolution process under Se
Bank of India vs Harish Bagla IBC Hearing Adjourned
NCLT Kolkata adjourns Bank of India's Section 95(1) insolvency petition against Harish Bagla to August 6, 2026.
Regular bench unavailable on June 29, 2026 hearing date, requiring rescheduling of the m
Simoco Systems NCLT Insolvency Petition Hearing
NCLT Kolkata Bench hears Section 7 IBC insolvency petition against Simoco Systems & Infrastructure Solutions Limited.
Corporate debtor Simoco Systems was absent from the hearing on 29th June 2026.
Tri
NCLT Kolkata Adjourns Binani Industries Insolvency Hearing
NCLT Kolkata Bench adjourns hearing for Punjab National Bank's insolvency petition against Binani Industries Limited.
The matter under Section 7 of IBC is scheduled for next hearing on 01 July 2026.
I
NCLT Adjourns Shree Vaishanavi Ispat Insolvency Petition
NCLT Kolkata grants Shree Vaishanavi Ispat a final adjournment to file a reply in a Section 7 IBC petition filed by Piyush Securities.
The Corporate Debtor is ordered to pay a cost of ₹25,000 to the P
NCLT Kolkata Adjourns Tata Capital vs Harish Kumar
NCLT Kolkata Bench adjourns Tata Capital's insolvency petition against personal guarantor Harish Kumar Agarwal.
The matter under Section 95(1) of IBC is listed for next hearing on 14th July 2026.
Mult
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 Tata Capital vs Shukla Banerjee Hearing
NCLT Kolkata Bench adjourns hearing in Tata Capital's insolvency petition against personal guarantor Shukla Banerjee.
Matter listed for next hearing on August 24, 2026, following request from both par
Epic Steel vs Ambey Castings NCLT Hearing Order
NCLT Kolkata Bench schedules next hearing for Epic Steel's insolvency petition against Ambey Castings.
The matter under Section 9 of IBC is listed for consideration on 2nd July 2026.
Resolution Profes
NCLT Adjourns Tata Capital vs Arjun Agarwal Hearing
NCLT Kolkata Bench adjourns Section 95(1) insolvency proceeding against personal guarantor Arjun Agarwal.
Matter involves Tata Capital Financial Services as applicant and Canara Bank as an involved pa
NCLT Kolkata Adjourns IDBI Bank vs Manoj Jain
NCLT Kolkata Bench adjourns IDBI Bank's insolvency petition against personal guarantor Manoj Kumar Jain.
Matter listed for next hearing before the Regular Bench on 17th August 2026.
Hearing conducted
NCLT Kolkata Adjourns UCO Bank Insolvency Petition
NCLT Kolkata Bench adjourns UCO Bank's Section 95(1) insolvency petition against Ms. Sangeeta Banka to 17th August 2026.
No interlocutory applications were listed, and no parties appeared for the hear
NCLT Adjourns Central Bank vs Jainco Automotive Hearing
NCLT Kolkata Bench adjourns Central Bank of India's insolvency petition against Jainco Automotive Pvt Ltd.
The matter under Section 7 of IBC was listed for hearing on 29th June 2026 but regular bench
NCLT Kolkata Adjourns Dena Bank vs Hnd Syntex Insolvency Petition
NCLT Kolkata Bench adjourns Dena Bank's Section 7 IBC insolvency petition against Hnd Syntex Ltd to 14 July 2026.
Bank's counsel undertakes to file Vakalatnama within three days, confirming representa
NCLT Kolkata Adjourns UCO Bank vs Sandip Kundu
NCLT Kolkata Bench adjourns UCO Bank's insolvency application against Sandip Kundu to August 17, 2026.
The hearing was conducted by a special bench as the regular bench was unavailable.
The applicatio
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 Kolkata Adjourns Manglam Fiscal Liquidation Hearing
The National Company Law Tribunal Kolkata Bench adjourned the hearing for Manglam Fiscal Services P. Ltd. liquidation to July 28, 2026.
The matter involves a corporate insolvency resolution process in
NCLT Kolkata Adjourns Synchronise Scientific Glass Hearing
NCLT Kolkata Bench adjourns hearing for Synchronise Scientific Glass Works Pvt Ltd vs Martina Bio Genics to August 18, 2026.
Case involves winding up petition under Sections 433(e)/433(f) of Companies
NCLT Kolkata Adjourns SBI vs Sudarshan Das Mundhra
NCLT Kolkata Bench adjourns hearing for State Bank of India's insolvency application against Sudarshan Das Mundra.
Matter listed under Section 95(1) of IBC for next hearing on July 20, 2026.
Hearing p
NCLT Adjourns Canara Bank vs Triveni Infratech Hearing
NCLT Kolkata Bench adjourns Section 7 IBC petition hearing filed by Canara Bank against Triveni Infratech Private Limited.
Matter listed for next hearing before Regular Bench on 7th July 2026 due to u
NCLT Kolkata Adjourns Indian Pulp & Paper Hearing
NCLT Kolkata Bench adjourns the hearing for corporate insolvency proceedings against Indian Pulp & Paper Pvt. Ltd.
The matter involves multiple interlocutory applications filed in relation to the main
NCLT Kolkata Adjourns SBI vs Vinod Mittal Hearing
NCLT Kolkata Bench adjourned hearing in State Bank of India's insolvency application against Vinod Kumar Mittal.
Matter listed for next hearing before Regular Bench on August 7, 2026.
Application file
Arihant Coal NCLT Insolvency Proceedings Creditor Update
NCLT Indore hears corporate insolvency application filed by Arihant Coal Sales India Pvt Ltd under Section 10 IBC.
Applicant filed additional affidavit with complete creditor, debtor details, and upda
NCLT Kochi Adjourns Nucleus Premium Properties Hearing
NCLT Kochi Bench adjourns multiple IAs in the M/s Nucleus Premium Properties insolvency case to July 2026.
All hearings were postponed due to a technical glitch preventing the enabling of the virtual
NCLT Directs Colama Commercial to Serve Satiate Agri
NCLT Indore Bench issues a procedural order in an insolvency application between Colama Commercial Co Ltd and Satiate Agri Ltd.
The tribunal directs the applicant to serve a complete set of the applic
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
NCLT Adjourns RG Colonizers Liquidation Hearings
NCLT Jaipur Bench adjourns multiple liquidation proceedings for RG Colonizers Pvt. Ltd. to July 17, 2026.
Liquidator directed to file comprehensive affidavit and flow chart showing related-party loans
NCLT Dismisses Sansar Health Resorts Insolvency Petition
NCLT Indore Bench dismisses Section 7 IBC petition filed by Shantanu Gupta against Sansar Health Resorts Pvt Ltd.
Tribunal finds the insolvency process is being misused for debt recovery amid ongoing
Girdharilal Sugar NCLT Admission Hearing Adjourned
NCLT Indore adjourns hearing for admission of insolvency application against Girdharilal Sugar & Allied Industries Ltd to July 29, 2026.
The Resolution Professional filed a report under Section 99 of
NCLT Adjourns Shree Maheshwar Hydel Power Insolvency Application
NCLT Indore Bench adjourns IA/92(MP)2024 in Shree Maheshwar Hydel Power Corp insolvency proceeding to 17 August 2026.
Application filed by Resolution Professional Vijender Sharma under Sections 19(2),
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 Directs Creditors to Issue Shradha Buildcon NOCs
NCLT Indore directs three creditors to issue No Objection Certificates to Shradha Buildcon within two weeks for MCA charge satisfaction.
The order follows the successful implementation of a resolution
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 Indore Adjourns Satiate Agri Insolvency Plea
NCLT Indore bench grants Satiate Agri Ltd one week to file a reply in an insolvency petition filed by Excellence Finance Pvt Ltd.
The respondent's counsel cited a technical issue with the DMS portal s
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 Adjourns Greater Kailash Hospitals Resolution Plan Hearing
NCLT Indore Bench adjourns hearing for Greater Kailash Hospitals' resolution plan application.
Adjournment requested pending decision in linked matter IA/531(MP)2025 where order was reserved.
Matter r
NCLT Adjourns Reliance Capital Insolvency Hearing
NCLT Bengaluru adjourns Reliance Capital AIF insolvency hearing to 17 August 2026 for arguments.
Tribunal grants three weeks for Tumkur Grain Merchants Bank to file reply in pending applications.
Reso
NCLT Bengaluru Adjourns Mfar vs Canopy Estates Hearing
NCLT Bengaluru adjourned hearing to 13 August 2026 as order challenged at NCLAT Chennai.
RP directed to file CIRP cost statement including remuneration and amounts received.
Hard copy of application i
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
Canara Bank Insolvency Petition Adjourned for RP Report
NCLT Bengaluru adjourns Canara Bank's insolvency petition against Mr. N Nanjundaiah, awaiting the Resolution Professional's report.
Parties given 3 weeks to file objections to the RP report, followed
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 Bengaluru Adjourns Canara Bank Insolvency Petition
NCLT Bengaluru Bench adjourns Canara Bank's insolvency petition against Praveena N, awaiting the Resolution Professional's report.
The RP is directed to share the report with counsel, who may file obj
NCLT Bengaluru Defers Canara Bank Insolvency Hearing
NCLT Bengaluru Bench awaits Resolution Professional's report in Canara Bank's insolvency petition against Vijaykumar R.
Parties granted 3 weeks to file objections to the RP report once received, with
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
NCLT Bengaluru Adjourns Indian Bank Insolvency Petition
NCLT Bengaluru Bench adjourns Indian Bank's Section 7 insolvency petition against Mantri Homes Pvt Ltd.
Adjournment granted as a connected matter involving the same debt is pending before NCLAT Chenna
South Canara Bank vs Anand Life Sciences NCLT Deferral
NCLT Bengaluru defers Sec 7 insolvency petition hearing to 29 July 2026 for potential settlement.
Petitioner South Canara District Central Cooperative Bank and respondent Shree Anand Life Sciences Ltd
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
Madras HC Dismisses SFEL Fraud Petitions
Madras High Court dismissed two petitions (Crl.OP.No.8077/2025, Crl.OP.No.1190/2026) seeking to quash the SFEL fixed‑deposit fraud final report and charge sheet.
The court ruled directors cannot rely
Deepak Modi Offers ₹17 Lakh Shalfeyo Settlement
NCLAT hears appeal by suspended director Deepak Modi offering ₹17 lakh full settlement to operational creditor Shalfeyo Industries.
Appellant argues creditor is misusing CIRP for recovery instead of a
NCLAT Adjourns Canara Bank Insolvency Appeal to July 30
NCLAT Principal Bench adjourns hearing for Comp. App. (AT) (Ins) No. 2174 of 2024 to July 30, 2026.
Appeal involves Canara Bank versus Jeetendra Rajpal Daryani, erstwhile RP of Texon Global Pvt. Ltd.
NCLAT Adjourns Ansal Crown Insolvency Appeals to July 31
NCLAT adjourned two interconnected insolvency appeals involving Ansal Crown Infrabuild to July 31, 2026.
The appeals were filed by NRG & Co. and the Resolution Professional of Ansal Crown Infrabuild.
NCLAT Lists Gap Investments vs Jag Bros Appeal
NCLAT Principal Bench schedules hearing for Company Appeal (AT) (Insolvency) No. 1091 of 2025 on August 17, 2026.
Appeal involves Gap Investments Pte Ltd & Others as appellants against respondent Jag
NCLAT Lists Neelkantham Systems Appeal for Hearing
NCLAT Principal Bench lists Company Appeal (AT) (Insolvency) No. 553 of 2025 for next hearing on 08.07.2026.
Appeal filed by Anuj Rana, majority shareholder of Neelkantham Systems Pvt. Ltd., against V
NCLAT Adjourns Krrish Realtech Insolvency Appeal
NCLAT Principal Bench adjourns hearing for Comp. App. (AT) (Ins) No. 849 of 2025 to July 30, 2026.
Appellants M.K. Jain & Ors. were represented by advocates; respondent Krrish Realtech's appearance wa
NCLAT Adjourns BPCL vs Albanna Engineering Liquidator Appeal
NCLAT Chennai adjourns Bharat Petroleum Corporation Ltd's appeal against Albanna Engineering Pvt Ltd's liquidator to 17 August 2026.
The appeal involves insolvency proceedings concerning BPCL's Kochi
NCLAT Continues Interim Order in IDBI Trusteeship Insolvency Appeals
NCLAT Principal Bench lists two interconnected insolvency appeals for hearing on August 11, 2026.
The appeals involve appellants Udaivir Anand and Santosh Kumar versus respondent IDBI Trusteeship Serv
NCLAT Adjourns Edelweiss ARC vs Fab Metals Insolvency Appeals
NCLAT hears appeals by Edelweiss ARC and Lodha Developers against an NCLT Mumbai order concerning Fab Metals' insolvency.
Lodha Developers claims ownership of Katai and Gharivali assets, arguing they
Anil Kumar Ojha Appeals NCLAT Against SLO Liquidator
NCLAT Chennai lists five interconnected appeals filed by Anil Kumar Ojha, the suspended promoter of SLO Industries Ltd, for admission hearing.
The appeals are against the company's liquidator, Mrs. Re
NCLAT Chennai Lists GST Department Appeal Against Vasan Construction Liquidator
NCLAT Chennai lists GST department's appeal against Vasan Construction liquidator for admission hearing on August 3, 2026.
The appeal challenges a previous order related to the liquidation process of
NCLAT Lists SNG Realestate Appeal for 20 July 2026
NCLAT Principal Bench schedules hearing for Ghanshyam Singhal vs SNG Realestate appeal on 20 July 2026.
Tribunal directs both parties to file written submissions and list of authorities before next he
Dharti Proteins ISIN Change Post CIRP Resolution
Dharti Proteins intimates BSE of an ISIN change due to a corporate action under its approved CIRP resolution plan.
The resolution plan involved cancellation of erstwhile promoter holdings and a propor
Siti Networks Discloses ₹1,206 Crore Loan Default
Siti Networks discloses ₹1,206.03 crore total loan default as of June 30, 2026, in compliance with SEBI circular on default reporting.
Corporate Insolvency Resolution Process initiated by NCLT on Febr
NCLT Adjourns Anil Special Steel Insolvency Hearing
NCLT Jaipur Bench adjourns hearing for Anil Special Steel Industries Ltd. insolvency case to August 4, 2026.
The case involves an operational creditor application under Section 9 of the Insolvency and
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 Adjourns Bhoomika Media Insolvency Hearings
NCLT Jaipur Bench adjourned multiple interlocutory applications in the Bhoomika Media insolvency case to July 15, 2026.
The Resolution Professional's fee payment application was disposed of as the fee
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 Adjourns Prayag Polytech Insolvency Hearing
NCLT Jaipur Bench adjourned the Prayag Polytech insolvency hearing to July 20, 2026.
Suspended directors agreed to meet the Resolution Professional with their auditor on July 16.
The RP reported infor
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 Adjourns Aditya Propcon Insolvency Hearing
NCLT Jaipur Bench adjourns Section 7 IBC hearing for Aditya Propcon Pvt. Ltd. to July 2026.
Case involves financial creditor Sand Dune Constructions Pvt. Ltd. versus corporate debtor Aditya Propcon.
R
NCLT Jaipur Adjourns R.S. Motors Insolvency Applications
NCLT Jaipur Bench hears multiple interlocutory applications in the R.S. Motors Pvt Ltd insolvency case initiated by Toyota Kirloskar Motors.
Tribunal allows impleadment of suspended directors as separ
NCLT Adjourns Fashion Suitings Insolvency Plea
NCLT Jaipur Bench adjourns Fashion Suitings' insolvency application against Nirmal Cars to July 13, 2026.
The adjournment was requested as a related application to implead the ROC was filed but not li
NCLT Jaipur Dismisses India SME ARC Early Hearing Plea
NCLT Jaipur Bench dismissed an application seeking early hearing of an insolvency petition.
The application was filed by India SME ARC against a personal guarantor to Girivar Hotel.
The bench declined
NCLT Dismisses India SME ARC Early Hearing Application
NCLT Jaipur Bench dismissed an application for early hearing filed by India SME Asset Reconstruction Company Ltd.
The application was filed in an insolvency proceeding under Section 95 of the IBC, 201
NCLT Dismisses India SME ARC Early Hearing Plea
NCLT Jaipur Bench dismisses an application for early hearing filed by India SME Asset Reconstruction Company Ltd.
The application was part of an insolvency proceeding under Section 95 of the IBC, 2016
NCLT Admits Insolvency Petition Against VMN Stones
NCLT Jaipur Bench admits Section 7 IBC petition filed by Om Prakash Somani & Ors against VMN Stones Pvt Ltd for default on Rs 5.78 crore debt.
Tribunal rejects Corporate Debtor's claim that a sharehol
NCLT Guwahati Adjourns Indian Bank Insolvency Matter
NCLT Guwahati Bench lists matter for further consideration on 15 July 2026.
Indian Bank confirmed payment of Rs 1.75 lakh to Resolution Professional Sudha Sarma.
Hearing involved insolvency applicatio
NCLT Guwahati Lists Berial Engineers Insolvency Case
NCLT Guwahati Bench hears insolvency petition filed by UCO Bank against M/s Berial Engineers Pvt. Ltd. under Section 95 of IBC, 2016.
Respondent's counsel commits to curing any defects in the filing w
IDBI Bank vs Ghosh Brothers Auto Adjourned
NCLT Guwahati adjourns IDBI Bank's Section 7 insolvency petition against Ghosh Brothers Auto Sales.
Case adjourned to 28 July 2026 as parties report ongoing settlement negotiations.
Both parties repre
NCLT Guwahati Lists UCO Bank vs Berial Engineers Case
NCLT Guwahati Bench schedules hearing for UCO Bank's insolvency application against M/s Berial Engineers Pvt. Ltd.
Respondent's counsel commits to curing any defects in the filing within one week from
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
Eduvanz Seeks Abutani Mercantile Liquidation at NCLT
NCLT Guwahati hears Resolution Professional's application for liquidation of Corporate Debtor Abutani Mercantile Private Limited.
Suspended Board of Abutani Mercantile seeks time to file a reply to th
NCLT Guwahati Reserves Order in IL&FS vs Adhunik Steel
NCLT Guwahati Bench reserves its order after concluding hearings on a Section 7 IBC petition filed by IL&FS Financial Services.
Adhunik Meghalaya Steels, the corporate debtor, was granted liberty to f
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
Feather and Flute Fintrade Personal Guarantor Repayment Plan
NCLT Guwahati Bench hears UCO Bank's insolvency petition against personal guarantor Jitesh Jalan.
Personal Guarantor Jitesh Jalan has submitted a repayment plan to the Resolution Professional.
Resolut
NCLT Chennai Adjourns Ra-ni Precast Insolvency Applications
NCLT Chennai adjourned two interlocutory applications in Ra-ni Precast Pvt Ltd's liquidation proceeding to July 31, 2026.
The tribunal noted various filings including objections from respondent R1 and
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 Adjourns Piramal Capital vs Dafodil Shelters Hearing
NCLT Chennai adjourns hearing for liquidation application CP(IB)/108(CHE)/2022 to July 9, 2026.
Liquidator's counsel present but arguing counsel for erstwhile promoter Dafodil Shelters was unavailable
Yes Bank IRP Seeks Personal Guarantor Cooperation
NCLT Chennai disposes application filed by Yes Bank's IRP regarding Uniply Décor's personal guarantor.
IRP submitted consolidated status report for period from 12 February 2026 to 26 May 2026.
Tribuna
NCLT Adjourns Piramal Capital vs Fauna Realtors Hearing
NCLT Chennai adjourns hearing for Piramal Capital's insolvency petition against Fauna Realtors to July 9, 2026.
The adjournment was requested as the arguing counsel for the erstwhile promoter was unav
NCLT Chennai Directs Service on Kamachi Steels Liquidator
NCLT Chennai hears application by Greta Steels seeking records and possession of a specific grab (KS-3) from Kamachi Steels.
The applicant seeks verification of asset records, valuation reports, and o
Freight-Ex Logistics Insolvency Petition Hearing Update
NCLT Chennai hears Freight-Ex Logistics' Section 10 insolvency petition admission.
Bank of Maharashtra requests petition copy for formal response.
Tribunal directs petitioner to serve all creditors by
Sumukha Farm vs Stalwart Agronomics NCLT Settlement Hearing
NCLT Chennai hears Section 9 insolvency petition filed by Sumukha Farm Products against Stalwart Agronomics.
Respondent's counsel indicates settlement possibility and requests time for negotiation wit
Piramal Capital Seeks Rs 1.08 Crore Refund from Liquidator
Piramal Capital Housing Finance filed an application with NCLT Chennai seeking a refund of Rs 1.08 crore plus interest from a liquidator.
The application requests directions to the Liquidator of Venue
NCLT Adjourns Piramal Capital vs Navigator Developers Hearing
NCLT Chennai adjourned hearing for Piramal Capital's insolvency petition against Navigator Developers to July 9, 2026.
Liquidator's counsel was present while erstwhile promoter's arguing counsel was u
Piramal Capital vs Shaft Developers NCLT Adjournment
NCLT Chennai adjourns hearing for Piramal Capital's insolvency petition against Shaft Developers to July 9, 2026.
Liquidator and erstwhile promoter's counsel were present, but arguing counsel for prom
NCLT Adjourns Piramal Capital vs Porposie Realtors Hearing
NCLT Chennai adjourns hearing for Piramal Capital's insolvency petition against Porposie Realtors to July 9, 2026.
The proceeding involves multiple applications including IA(DIS)/37/CHE/2025 and IA(IB
NCLT Adjourns Piramal Capital vs Selva Developers Hearing
NCLT Chennai adjourns hearing in Piramal Capital's insolvency petition against Selva Developers to July 9, 2026.
Liquidator and erstwhile promoter's counsel were present, but arguing counsel for promo
NCLT Adjourns Piramal Capital vs Jeffson Logistics Hearing
NCLT Chennai adjourned hearing for Piramal Capital's insolvency petition against Jeffson Logistics to July 9, 2026.
Liquidator and erstwhile promoter's counsel were present; adjournment requested as a
NCLT Chennai Adjourns Piramal Capital vs Gulls Realtors Hearing
NCLT Chennai adjourned hearing for Piramal Capital's insolvency petition against Gulls Realtors to July 9, 2026.
Liquidator and erstwhile promoter's counsel were present; arguing counsel was unavailab
NCLT Directs Sargam Metals Possession Hearing
NCLT Chennai hears application by liquidator seeking control of Corporate Debtor Sargam Metals.
Tribunal directs applicant to serve copy on promoter director for a reply.
Next hearing scheduled for 14
Indian Bank Files IBC Section 66 Application
NCLT Chennai hears Indian Bank's application under IBC Section 66 against United Steel Building Systems.
Application is based on a forensic audit report received during liquidation proceedings.
Tribun
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
NCLT Chennai Lists Riyara Trading vs VRMIX Settlement
NCLT Chennai lists insolvency petition CP(IB)/295/CHE/2025 for recording settlement between Riyara Trading and VRMIX Concrete.
Parties have reached a settlement, with a formal memo to be filed within
Whipd Foods NCLT Hearing Adjourned to August 2026
NCLT Chennai adjourns insolvency petition CP(CA)/95(CHE)/2025 against Whipd Foods Pvt Ltd to August 21, 2026 for final hearing.
Applicant R3 withdraws their interim application IA(CA)/174(CHE)/2026 wh
Unity SFB Seeks NCLT Order Modification for Vehicle OTS
Unity Small Finance Bank files application to modify NCLT's April 2026 order regarding a vehicle One Time Settlement.
Seeks direction for Resolution Professional to present its OTS proposal to Committ
Angel Starch & Food Settles Rs 1.19 Crore Debt
NCLT Chennai disposes of insolvency petition against Angel Starch & Food Pvt. Ltd. as settled.
Corporate debtor issued two post-dated cheques for Rs 88.75 lakh of the total Rs 1.19 crore settled amoun
NCLT Disposes Amar Prakaash Developers Homebuyer Claims
NCLT Chennai disposes two interim applications related to Amar Prakaash Developers' corporate insolvency resolution process.
Resolution plan approved by CoC with 96.71% voting share in meeting held on
NCLT Adjourns Amitech Textiles Liquidation Hearing
NCLT Allahabad Bench adjourns hearing in Amitech Textiles liquidation matter to August 10, 2026.
Counsel for erstwhile director seeks time to file Vakalatnama and reply in MA No.02/2024.
Liquidator Sh
NCLT Approves Amar Prakaash Developers Resolution Plan
NCLT Chennai approves resolution plan by Aadarsh Surana for Amar Prakaash Developers with specific directions.
Tribunal allows Dugar Finance's claim as secured financial creditor to be included in res
NCLT Adjourns Punjab National Bank vs Aman Medical Hearing
NCLT Allahabad Bench adjourns Punjab National Bank's insolvency case against Aman Medical Pvt Ltd to August 12, 2026.
Liquidator was absent from the hearing, while respondents' counsel appeared and co
Central Bank vs Vedansh Real Estate NCLT Adjournment
NCLT adjourned Section 7 IBC petition filed by Central Bank of India against Vedansh Real Estate due to non-appearance.
The matter was listed for next hearing on 28 July 2026 in the interest of justic
NCLAT Adjourns D.C. Agencies vs Fenway Pharmaceuticals Appeal
NCLAT Principal Bench adjourned hearing for Comp. App. (AT) (Ins) No. 218 of 2025 to July 20, 2026.
The appeal involves D.C. Agencies Pvt. Ltd. as appellant versus Fenway Pharmaceuticals Pvt. Ltd. as
NCLAT Adjourns Multiple Insolvency Appeals to July 3
NCLAT adjourns six insolvency appeals involving Infosoft Global, RDG Enterprises, and Nakul Himatsingka to July 3, 2026 for further hearing.
In appeals 1101 & 1102, the appellant Nakul Himatsingka pro
NCLAT Schedules Jindal Steel vs Lanco Liquidator Hearing
NCLAT Chennai lists Jindal Steel's appeal against Lanco Babandh Power liquidator for hearing on September 3, 2026.
The appeal challenges actions or decisions of the liquidator in the corporate insolve
NCLAT Lists Jain Irrigation Appeal for Hearing
NCLAT Chennai lists Jain Irrigation Systems Ltd's appeal against a liquidator for hearing on August 20, 2026.
The appeal challenges an order related to the liquidation of Thiru Arooran Sugars Ltd.
The
Supreme Housing Director Appeals NCLAT Insolvency Order
NCLAT lists appeal by Supreme Housing director against insolvency order for hearing on July 6, 2026.
Appellant Bhawanishankar Sharma permitted to file an affidavit within one week of the order.
Case i
NCLAT Overturns NCLT Order on S Kumars Land Auction
NCLAT sets aside NCLT Mumbai's order cancelling e-auction of 12,981.64 sq m land parcel from S Kumars Nationwide liquidation.
Tribunal finds NCLT's calculation error led to incorrect reserve price ass
MBL Infrastructure Corporate Presentation FY2026
MBL Infrastructure Ltd. issued a corporate presentation detailing its business segments, project portfolio, and financial performance for FY2024-26.
The company's operations normalized in September 20
Gayatri Projects NCLT Withdrawal and Board Reconstitution
Gayatri Projects Limited exited CIRP on 12th September 2025 per NCLT order, leading to full board reconstitution.
Company appointed new Chairman, Executive Director, three Independent Directors, and C
IDEB Grand Reality NCLAT Appeal Adjourned to June 29
NCLAT Chennai adjourned IDEB Grand Reality's insolvency appeal due to non-availability of appellant's counsel.
The appeal (No. 466/2023) is now scheduled for hearing on June 29, 2026.
The matter invol
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
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
Bhagawati Cold Storage Insolvency Adjourned to July 2026
NCLT Allahabad Bench adjourns Bhagawati Cold Storage insolvency petition from 2022 for final hearing on July 28, 2026.
Operational creditor's counsel requested adjournment during hearing attended by b
NCLT Dismisses MSME Promoter's EMD Waiver Application
NCLT Amaravati dismisses promoter's application seeking EMD waiver for MSME resolution plan participation.
Committee of Creditors unanimously approved liquidation with 100% voting share in 7th meeting
NCLT Adjourns Indian Bank Guarantor Cases
NCLT Allahabad Bench adjourns Indian Bank's insolvency petitions against personal guarantors of Primuss Metroll Ltd.
The Resolution Professional reports ongoing discussions regarding submission of rep
NCLT Adjourns Fedders Electric Resolution Plan Hearing
NCLT Allahabad Bench adjourns multiple IAs in Fedders Electric & Engineering Ltd insolvency to August 4, 2026.
The main corporate insolvency proceeding (CP (IB) No.75/ALD/2019) under Section 7 IBC has
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
Ansal Properties Board Approves Delayed Financial Results
Board approved multiple delayed quarterly financial results from Q3 FY25 through Q3 FY26, all previously submitted without approval due to insolvency proceedings.
Statutory auditors issued reports wit
Jatalia Global Ventures FY26 Audited Results Under CIRP
Jatalia Global Ventures reported an audited net loss of ₹14.40 lakhs for FY 2025-2026, a significant decline from a ₹4.33 lakh profit in FY25.
The financial results were approved by the Committee of C
Shivom Investment 34th AGM Notice Post-CIRP
Company schedules 34th AGM for July 7, 2026, to adopt backlogged FY 2023-24 financial statements following Corporate Insolvency Resolution Process (CIRP) completion.
Reports a net loss of ₹48.62 lakh
VAS Infrastructure Ltd FY26 Audited Results Under CIRP
VAS Infrastructure Ltd's Resolution Professional Committee approved audited FY26 results showing a net profit of ₹32.51 lakh despite negative equity of ₹(27,435.31) lakh.
The company remains under Cor
Rajeswari Infrastructure Limited Under CIRP Submits FY23 Annual Report
Rajeswari Infrastructure Limited submits its Annual Report for FY 2022-23 to BSE pursuant to SEBI LODR Regulation 34, while under Corporate Insolvency Resolution Process (CIRP).
The company reported a
Valecha Engineering Allots 95% Stake to Aether & JK
Valecha Engineering discloses substantial share acquisition filings by Aether Perspectives LLP and J K Solutions Private Limited under SEBI SAST Regulations.
Aether Perspectives LLP was allotted 99,13