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NCLT

62 articles
BKM Industries Q1 FY24 Delayed CIRP Results
BKM Industries submits Q1 FY24 results nearly 3 years late, delayed due to Corporate Insolvency Resolution Process under IBC 2016. Standalone and consolidated net loss of ₹26 lakhs for Q1 FY24; zero r
BKM Industries FY23 Results Filed Post-CIRP
BKM Industries filed delayed FY23 standalone and consolidated results on March 28, 2026, approximately three years late due to CIRP under IBC 2016. Manufacturing operations were entirely non-operation
BKM Industries Delayed Q3 FY23 Results Post-CIRP
BKM Industries filed Q3 FY23 results (quarter ended December 31, 2022) on March 28, 2026, delayed over 3 years due to CIRP under IBC 2016. Company reported zero revenue from operations and a consolida
BKM Industries Q2 FY23 Results Filed Post-CIRP
BKM Industries filed delayed Q2 FY23 standalone and consolidated financial results on 28 March 2026, over 3.5 years late due to CIRP under IBC 2016. The company reported nil revenue from operations wi
BKM Industries Files Delayed Q1 FY23 Results Post-CIRP
BKM Industries filed standalone and consolidated Q1 FY23 results on 28 March 2026, nearly four years late due to CIRP under IBC 2016. The company reported zero revenue and a net loss of ₹58 lakhs for
BKM Industries FY22 Results Filed Post-CIRP
BKM Industries filed delayed standalone and consolidated financial results for Q4 and FY ended March 31, 2022, approved by the Board on March 28, 2026. The delay was due to Corporate Insolvency Resolu
BKM Industries Files Delayed Q3 FY2022 Results Post-CIRP
BKM Industries filed Q3 & 9M FY2022 standalone and consolidated results on 28 March 2026, over 4 years delayed due to CIRP under IBC. Standalone net loss stood at ₹273 lakhs for Q3 FY2022 and ₹837 lak
BKM Industries Delayed Q2 FY22 Results Post-CIRP
BKM Industries files Q2 FY2022 standalone and consolidated results on 28 March 2026, delayed ~4.5 years due to CIRP under IBC 2016. Company reported zero revenue; standalone net loss of ₹291 lakhs for
BKM Industries Q1 FY22 Delayed Results Post-CIRP
• BKM Industries filed Q1 FY2022 (June 30, 2021) standalone and consolidated results on March 28, 2026, delayed due to CIRP under IBC 2016. • Company reported zero revenue and a net loss of ₹273 lakhs
Bheema Cements FY25 Annual Report: Nil Revenue, Qualified Opinion
Bheema Cements reported nil operational revenue for FY 2024-25, recording a net loss of INR 3,009.97 Lakhs post-CIRP completion. Statutory auditors issued a qualified opinion citing NCLAT repayment de
CIAN Agro Approves Six-Entity Amalgamation Scheme
CIAN Agro's Board approved merger of six subsidiaries/step-down subsidiaries into itself under Sections 230–232 of Companies Act, 2013. MAIIL equity shareholders to receive 30 CIAN shares per 100 MAII
Nitin Fire Protection FY25 IBC Going-Concern Liquidation Sale
Company sold as going concern under IBC liquidation vide Sale Certificate dated October 3, 2024, for ₹3,577.80 lakhs to Elysian Wealth Fund consortium; total ₹3,675.12 lakhs distributed. Capital reser
Virgo Global Board to Consider Share Capital Reduction
Virgo Global Limited has scheduled a Board of Directors meeting on Friday, April 10, 2026. The board will consider approving a Share Capital Reduction, subject to shareholders, NCLT, and regulatory ap
Lumax Ancillary Amalgamation with Lumax Auto Effective
Lumax Auto Technologies confirms the Scheme of Amalgamation with Lumax Ancillary Limited became effective on March 31, 2026. Both companies filed certified true copies of the NCLT order with the Regis
Windsor Machines-Global CNC Merger Effective March 2026
Windsor Machines Ltd's wholly-owned subsidiary Global CNC Pvt Ltd merged into it effective March 31, 2026, per NCLT Ahmedabad order dated March 19, 2026. Appointed Date is April 1, 2025; no considerat
Asahi Industries CIRP Resolution: Safex Realtor Takes Control
Asahi Industries Limited completes CIRP under NCLT Mumbai order dated 13/11/2020, with management handed over on March 24, 2026. Safex Realtor Private Limited acquires 75% shareholding as Successful R
Cian Healthcare Gets BSE Trading Approval for 2.5 Cr Shares
Cian Healthcare received BSE trading approval on March 30, 2026 for 2,50,00,000 equity shares (face value ₹10 each) under an NCLT-approved Resolution Plan. Of the total shares, 12,50,000 were allotted
Dabur India NCLT-Directed Amalgamation Meeting Notice
Dabur India Limited notifies BSE and NSE of an NCLT-directed equity shareholders' meeting on May 02, 2026 via VC/OAVM. The meeting seeks shareholder approval for a Scheme of Amalgamation between Sesa
BKM Industries Post-CIRP Board Approves Results, Trading Resumption
BKM Industries Limited (formerly Manaksia Industries Ltd.) held a Board Meeting on 28–29 March 2026 to regularize compliances post-CIRP under the NCLT-approved Resolution Plan. The Board approved stan
Utkarsh SFB Unsecured Creditors Meeting: Amalgamation Scheme
NCLT-convened Unsecured Creditors Meeting of Utkarsh Small Finance Bank held on March 28, 2026 via Video Conferencing. Meeting called pursuant to NCLT Allahabad Bench order dated February 11, 2026, to
India Cements Amalgamation Scheme Effective 28 March 2026
India Cements received NCLT Chennai order sanctioning amalgamation of four wholly owned subsidiaries with itself. The Scheme is effective 28 March 2026, with an appointed date of 1 January 2025 for as
CIAN Agro NCLT Approves Shubhada Tool Resolution Plan
NCLT Mumbai Bench approved CIAN Agro's Resolution Plan for Shubhada Tool Industries Private Limited on March 24, 2026. Shubhada Tool Industries, under IBC process, manufactures hand-tools with a plant
Cigniti-Coforge Merger: NCLT Reserves Order
NCLT reserved its order on March 27, 2026 for formal pronouncement on the Cigniti-Coforge Scheme of Amalgamation. Statutory Authorities recorded no-objection to sanctioning the Scheme of Amalgamation.
Swan Defence Completes Full CoC Repayment
Swan Defence and Heavy Industries Ltd completed full and final repayment to all Committee of Creditors members on 27 March 2026. Repayment was made in accordance with the Resolution Plan pursuant to N
Coforge-Cigniti Merger NCLT Order Reserved
NCLT reserved the order on March 27, 2026 for formal pronouncement on Coforge-Cigniti amalgamation scheme. Statutory Authorities recorded no-objection to the sanctioning of the proposed Scheme of Amal
Arshiya Limited 43rd AGM Proceedings Under CIRP
Arshiya Limited held its 43rd AGM on March 27, 2026 via VC/OAVM, chaired by Resolution Professional Mr. Pankaj Mahajan. Three agenda items transacted: adoption of standalone FY2023-24 financials, noti
EMA India Amalgamation with Dynalog India Approved
EMA India's Board approved a Scheme of Amalgamation with Dynalog India Limited on March 27, 2026, subject to NCLT and regulatory approvals. Share exchange ratio set at 28 Dynalog India shares for ever
SKIL Infrastructure CS Nilesh Mehta Resigns
SKIL Infrastructure Ltd, under CIRP since February 1, 2024, discloses resignation of Company Secretary Nilesh Mehta effective April 10, 2026. Mehta cited prolonged non-payment of salary exceeding two
JSW Energy Acquires RCRIPL via IBC Resolution
JSW Energy completed acquisition of Raigarh Champa Rail Infrastructure Pvt Ltd (RCRIPL) as a wholly-owned subsidiary via IBC resolution process. Total resolution amount is ₹700.10 crores via cash cons
Ramkrishna Forgings: Two Subsidiaries Cease via Amalgamation
Ramkrishna Forgings discloses cessation of two subsidiaries under NCLT Kolkata-approved Scheme of Amalgamation effective March 25, 2026. Mal Metalliks Pvt Ltd and Multitech Auto Pvt Ltd merged into Ra
MosChip NCLT Approves Subsidiary Amalgamation Scheme
NCLT Hyderabad approved the Scheme of Amalgamation of Softnautics Private Limited and Softnautics Inc with MosChip Technologies Limited on 25th March 2026. Both Softnautics Private Limited and Softnau
Compuage Infocom AGM Voting Results, CIRP
Compuage Infocom Limited (under CIRP) held its Adjourned 26th AGM on March 24, 2026, via VC/OAVM after a quorum failure on March 17, 2026. Both ordinary resolutions — adoption of FY2025 financial stat
ET Planners Dissolved via NCLT Order
NCLT New Delhi Bench dissolved ET Planners Private Limited, a step-down wholly-owned subsidiary of Max Healthcare Institute Limited, on March 25, 2026. The voluntary liquidation was initiated on Septe
JB Chemicals NCLT Corrigendum Order Amalgamation Torrent
J.B. Chemicals & Pharmaceuticals filed intimation under Regulation 30 of SEBI LODR regarding NCLT Ahmedabad Bench's Corrigendum Order dated March 24, 2026. The Corrigendum Order relates to the propose
JB Chemicals Amalgamation with Torrent Pharma: NCLT Order
JB Chemicals & Pharmaceuticals is being amalgamated with Torrent Pharmaceuticals under a Scheme of Amalgamation. NCLT Ahmedabad Bench uploaded its Order on March 23, 2026 for the first motion applicat
Torrent Pharma-JB Chemicals Amalgamation NCLT Order
Torrent Pharmaceuticals filed Regulation 30 intimation regarding NCLT Ahmedabad Bench's order on JB Chemicals amalgamation first motion application. NCLT Ahmedabad uploaded the order on its website on
Compuage Infocom 26th AGM Proceedings Under CIRP
Compuage Infocom Limited (under CIRP) held its 26th AGM on March 24, 2026 via video conference after adjournment from March 17, 2026 due to lack of quorum. Quorum of 7 members including promoters and
Compuage Infocom 26th AGM Outcome Under CIRP
• Compuage Infocom Limited's 26th AGM, held under CIRP, was conducted on March 24, 2026 via VC/OAVM after adjournment from March 17, 2026 due to lack of quorum. • Two resolutions were tabled: adoption
NCLT Approves J.B. Chemicals-Torrent Pharma Amalgamation Meetings
NCLT approves convening shareholder and creditor meetings for the amalgamation of J.B. Chemicals & Pharmaceuticals with Torrent Pharmaceuticals. The appointed date for the scheme is 21st January 2026,
Suncity Synthetics Preferential Issue 30 Lakh Shares
Suncity Synthetics Limited issued a revised board meeting outcome dated 23rd March 2026, correcting a typographical error in post-reduction share capital disclosure. Board approved preferential allotm
GPIL Amalgamates GEL; Scheme Effective March 23, 2026
Godawari Power and Ispat Limited's wholly-owned subsidiary Godawari Energy Limited stands amalgamated with effect from March 23, 2026. NCLT Cuttack Bench sanctioned the Scheme of Amalgamation on March
Veranda Learning NCLT Composite Scheme Shareholder Meeting
NCLT Chennai ordered VLS equity shareholder meeting on April 24, 2026 to approve composite scheme involving VXLS amalgamation and commerce education demerger to JSCEL. Share entitlement ratio is 1:1 —
Mahaalaxmi Texpro Promoter Pledge-Free Declaration FY2026
Mahaalaxmi Texpro Limited filed a Regulation 31(4) declaration confirming zero pledge or encumbrance on promoter equity shares for FY ended 31 March 2026. The company was sold to Mahaalaxmi Textile as
MBECL Reports Nil Debt After NCLT Resolution
McNally Bharat Engineering filed a SEBI-mandated default disclosure showing nil outstanding loans and debt as on 31.03.2026. All loans were fully settled under an approved Resolution Plan per NCLT Ord
NCLT Approves Adani Harbour Merger with APSEZ
NCLT Ahmedabad Bench sanctioned the amalgamation of Adani Harbour Services Limited into Adani Ports and Special Economic Zone Limited on April 1, 2026. Adani Harbour Services Limited is a wholly owned
Utkarsh SFB Amalgamation Scheme Approved by Shareholders
• Utkarsh Small Finance Bank held an NCLT-convened equity shareholders' meeting on March 28, 2026 to approve amalgamation with Utkarsh CoreInvest Limited. • The scheme was passed with 99.9954% votes i
Utkarsh SFB Amalgamation Scheme Approved by Creditors
Unsecured Creditors of Utkarsh Small Finance Bank approved the Scheme of Amalgamation with Utkarsh CoreInvest Limited with 100% votes in favour. Of 1,292 eligible unsecured creditors (total outstandin
MT Educare Not Large Corporate, Under CIRP
MT Educare Limited confirms it does not meet Large Corporate criteria under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 as of March 31, 2026. The company is undergoing Corporate Insolvency Resolution Pr
SITI Networks CIRP Loan Default Quarterly Disclosure
SITI Networks discloses full loan default of ₹1,206.03 crore as on March 31, 2026, per SEBI circular on default disclosures. Company is under CIRP initiated by NCLT Mumbai on February 22, 2023; Board
NCLAT Clarifies NCLT Waiver Observation in Family Company Dispute
The National Company Law Appellate Tribunal (NCLAT) disposed of an appeal concerning a family company dispute under Sections 241 and 242 of the Companies Act, 2013. The NCLAT clarified that the NCLT's
NCLT Adjourns L&T Infra Investment Case to April 2026
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned a hearing in the insolvency case between Investment Manager of L&T Infra Investment Partners and RKV Enterprises to April 21, 2026. The
NCLT Reschedules Bank of Baroda vs. Sanjay Somani Hearing
The National Company Law Tribunal (NCLT) Jaipur Bench has rescheduled a hearing in the insolvency case of Bank of Baroda vs. Sanjay Somani. The hearing, originally set for March 30, 2026, was postpone
NCLT Adjourns Mekaster Engineering Insolvency Hearing
The National Company Law Tribunal (NCLT) adjourned a hearing in an insolvency case due to AC failure. The case involves Sika Scchweiz Ag-Aliva Equipemement (applicant) and Mekaster Engineering Ltd (re
NCLT Adjourns Rajkot Nagarik Bank vs. Suresh Agarwal Insolvency Case
The National Company Law Tribunal (NCLT) adjourned a hearing in the insolvency case of Rajkot Nagarik Sahakari Bank Ltd. vs. Suresh Binraj Agarwal due to a technical issue. The case, filed under Secti
IFCI Faces SFIO-NCLT Petition, Rs.157 Cr Exposure
IFCI Limited received Company Petition CP 34/241-242/PB/2026 filed by Union of India through SFIO before NCLT Principal Bench, New Delhi, pursuant to an order dated March 12, 2026. The petition stems
Refex Industries Files NCLT Amalgamation Scheme Application
Refex Industries filed a Company Application before NCLT Chennai Bench on March 26, 2026 for a Composite Scheme of Amalgamation. The scheme involves amalgamation of Refex Green Mobility Ltd into Refex
TTI Enterprise NCLT Petition on Share Transfer
TTI Enterprise discloses an NCLT Kolkata petition filed by Realearth Ecofarms India Pvt Ltd over transfer of 35,00,000 equity shares. The petition relates to a Share Surrender Agreement dated March 20
Torrent Pharma NCLT Corrigendum Order on JB Chem Merger
Torrent Pharmaceuticals intimates BSE/NSE of a Corrigendum Order dated 24th March 2026 by NCLT Ahmedabad in the JB Chemicals merger. The Corrigendum Order relates to the proposed amalgamation of JB Ch
JB Chemicals NCLT Corrigendum Order on Torrent Merger
JB Chemicals discloses NCLT Ahmedabad Corrigendum Order dated March 24, 2026 on its amalgamation with Torrent Pharmaceuticals. The filing is a follow-up to an earlier intimation dated March 24, 2026 u
Winsome Yarns Delays Q3 FY26 Results Under CIRP
Winsome Yarns Limited disclosed delay in submitting unaudited financial results for quarter ended 31.12.2025 under SEBI LODR. Company has been under CIRP since 22 December 2023, initiated by Edelweiss
India Glycols Demerger Scheme Approved by Unsecured Creditors
India Glycols Limited's Unsecured Creditors unanimously approved a Scheme of Arrangement to demerge into Ennature Bio Pharma Limited and IGL Spirits Limited on 24th March 2026. 36 out of 575 eligible
NCLT Lists Sandeep Kapoor vs. Weld Alloy Products Ltd. for Hearing
The National Company Law Tribunal (NCLT) has scheduled the next hearing for the case of Sandeep Kapoor vs. Weld Alloy Products Ltd. for 07.04.2026. The case, filed under Sections 241-242 of the Compan