Tag
NCLT
75 articles
The National Company Law Appellate Tribunal (NCLAT) is actively managing a high volume of insolvency appeals, reflecting ongoing complexities within India’s corporate restructuring landscape. Recent proceedings involve a diverse range of cases, from disputes over share ownership in Appollo Distilleries and appeals related to Jaiprakash Associates, to hearings concerning Bharat Heavy Electricals and State Bank of India. Additionally, NCLAT addressed procedural matters, including adjudicating creditor validity in Byju Raveendran’s case and restoring Sri Sai Pardha Real Estates to the ROC register. These developments highlight the continued scrutiny and judicial oversight of insolvency proceedings, underscoring the need for clarity and consistency in the application of corporate insolvency resolution processes.
NCLAT Chennai Adjourns Empee Distilleries Share Ownership Appeals
NCLAT Chennai hears interconnected appeals concerning ownership of 87% pledged shares in Appollo Distilleries & Breweries Pvt Ltd.
Appeals challenge CIRP admission of Appollo Distilleries and dismissa
NCLAT Adjourns Phenix Building vs Rajgreen Amusement Appeal
NCLAT Principal Bench adjourns insolvency appeal hearing to September 25, 2026.
Appeal filed by Phenix Building Solutions against Rajgreen Amusement Park.
Both parties represented by legal counsel dur
NCLAT Lists Jaiprakash Associates Insolvency Appeal
NCLAT Principal Bench schedules hearing for insolvency appeal involving Jaiprakash Associates Ltd and Velocity Enterprises.
The appeal, numbered Company Appeal (AT) (Insolvency) No. 538 & 539 of 2026,
NCLAT Adjourns Vikas & Anil Goel vs Bank of Baroda Appeals
NCLAT Principal Bench adjourns two insolvency appeals filed by Vikas Goel and Anil Goel against Bank of Baroda.
The appeals, Comp. App. (AT) (Ins) No. 1069 and 1072 of 2024, were listed for a future h
State Bank of India Appeals NCLAT Order
State Bank of India files appeal before NCLAT against Kishore Associates AOP & Ors.
NCLAT issues notice to respondents, requiring process fee within 48 hours.
Matter admitted for consideration and lis
NCLAT Lists Multimet Techfab vs Liquidator Hearing
NCLAT schedules hearing for Multimet Techfab's appeal against liquidator of Reagent Granito India for September 3, 2026.
Respondent granted 5 days to file hard copy of reply while appellant waives rig
NCLAT Lists BHEL Insolvency Appeals for Hearing
NCLAT lists two insolvency appeals involving Bharat Heavy Electricals Ltd for hearing on 18 August 2026.
Appeal 500 involves Avil Menezes as liquidator of Sunil Hitech Engineers Ltd versus an unnamed
NCLAT Adjourns Chemical Suppliers vs Yansefu Appeal
NCLAT Principal Bench adjourns insolvency appeal hearing between Chemical Suppliers India and Yansefu Inks.
Appeal listed for next hearing on September 29, 2026, from current August 17, 2026 date.
Leg
NCLAT Lists Indian Overseas Bank Appeal for September
NCLAT Principal Bench lists Company Appeal (AT) (Insolvency) No. 489 of 2022 for next hearing on 24.09.2026.
The appeal is filed by Indian Overseas Bank against respondent Keshar Multiyarn Mill Ltd.
T
NCLAT Lists Hi-Tech Gears Appeal for September 2026
NCLAT Principal Bench schedules hearing for Comp. App. (AT) (Ins) No. 1734 of 2024 for September 25, 2026.
Appeal filed by Naveen Jain, Company Secretary/Shareholder of The Hi-Tech Gears Ltd, against
NCLAT Adjourns Multiple Hotels Insolvency Appeals
NCLAT Principal Bench adjourns four interconnected insolvency appeals concerning Multiple Hotels Pvt. Ltd. to September 29, 2026.
Appellants include Jaimatarani Homes, Partha Paul, and KCGP Developers
Authum Appeals NCLAT Order Against HSBC AMC
Authum Investment & Infrastructure Ltd. files an insolvency appeal against HSBC Asset Management India Pvt Ltd and others.
The National Company Law Appellate Tribunal schedules the next hearing for Au
TV Vision Q1 FY27 Net Loss ₹362.35 Lakhs Under CIRP
TV Vision Limited reports unaudited standalone net loss of ₹362.35 lakhs for Q1 FY27 amid Corporate Insolvency Resolution Process (CIRP) initiated by NCLT.
Auditors issue qualified review report citin
Motherson Technology Services NCLT Approves Capital Reduction
NCLT Mumbai approved Motherson Technology Services' capital reduction, cancelling 7.86 million shares held by minority shareholders.
Minority shareholders will receive ₹42.66 per share payout, totalin
Byju Raveendran NCLAT Appeal Dismissed on Lender Validity
NCLAT Chennai Bench dismisses Byju Raveendran's appeal challenging procedural order regarding GLAS Trust's creditor claims.
Appellant contested GLAS Trust's authority to represent 124 back-end credito
NCLAT Sets Aside NCLT Order on Pearl City EGM
NCLAT Chennai Bench allows appeal against NCLT Kochi's order directing an EGM under Companies Act Section 98.
Tribunal rules that invoking Section 98 requires proof of impracticability, which the resp
Sun Paper Ltd. Wins NCLAT Appeal on ₹2 Crore EMD
NCLAT Chennai Bench allows Sun Paper Ltd.'s appeal against an order to deposit ₹2 crore EMD during Servalakshmi Paper Ltd.'s liquidation.
The Tribunal ruled that a scheme proponent bears no liability
NCLAT Orders Sri Sai Pardha Real Estates Restoration
NCLAT Chennai allows appeal against NCLT order, restoring Sri Sai Pardha Real Estates to ROC register for eventual winding up.
Company was struck off in 2018 for non-filing of annual returns and finan
Majestic Auto 53rd AGM Approves Financials, Dividend
Majestic Auto held its 53rd AGM on August 17, 2026, approving audited FY26 financial statements and declaring final dividend.
Company disclosed ₹135 crore investment plan over two years and settlement
NCLAT Stays Tecso Project Rs 2 Lakh Penalty
NCLAT issues notice and grants interim stay on a Rs 2 lakh penalty imposed on Bharati Trading by the NCLT.
Appellant argues the NCLT dismissed its Section 9 application and imposed penalty without rea
Bliss Abode NCLAT Appeal on Office Possession Dispute
Bindu Kapoor appeals NCLT order mandating handover of Bliss Abode's registered office to Resolution Professional.
Enforcement Directorate claims constructive possession, alleges violation of FEMA trib
NCLAT Adjourns Bliss Abode Possession Dispute Appeal
NCLAT hears appeal against NCLT order directing Bliss Abode's suspended director to hand over registered office possession to Resolution Professional.
RP alleges Corporate Debtor changed locks on prop
Devashree Developers NCLAT Appeal Adjourned to September 2026
NCLAT adjourns insolvency appeal filed by Devashree Developers to 15 September 2026.
The order records appearances of legal counsel for both appellants and respondents.
No substantive hearing occurred
NCLAT Adjourns SBI vs Garden Court Distilleries Appeals
NCLAT Principal Bench adjourned two interconnected insolvency appeals to next day.
Appeals involve State Bank of India and Garden Court Distilleries Pvt. Ltd.
Matter concerns Akhil Ahuja as Liquidator
Winsome Yarns NCLT Resolution Plan Delays Q1 Results
Winsome Yarns discloses delay in Q1 FY2027 results due to NCLT-approved resolution plan under IBC.
Company cites Regulation 33(3) proviso allowing 90-day filing extension post-resolution plan approval
NCLAT Adjourns Sunil Kand vs C.V. Kand Consultants Appeal
NCLAT Principal Bench adjourns appeal hearing in Sunil Kand vs C.V. Kand Consultants Pvt. Ltd. matter.
Case listed for next hearing on August 4, 2026, due to time constraints.
Multiple advocates repre
NCLAT Adjourns Sunil Kand vs C.V. Kand Consultants Appeal
NCLAT Principal Bench adjourns hearing for Comp. App. (AT) No. 262 of 2026 to August 14, 2026.
Appeal involves Sunil Chintaman Kand versus C.V. Kand Consultants Pvt. Ltd. and other respondents.
Multip
Alkem Laboratories Shareholders Approve Adroit Biomed Amalgamation
Alkem Laboratories shareholders approved the amalgamation with Adroit Biomed via a court-convened meeting held on August 17, 2026.
The resolution passed with near-unanimous 99.9999% votes in favor, re
NCLAT Adjourns Ashiana Ispat Director Appeal to 17 August
NCLAT Principal Bench adjourns insolvency appeal filed by Ashiana Ispat's suspended director to 17 August 2026.
Tribunal permits filing of additional documents from both appellant and respondent for c
NCLAT Adjourns Ashiana Ispat Director Appeal
NCLAT adjourns insolvency appeal filed by Ashiana Ispat's suspended director to August 13, 2026.
Adjournment granted due to bench unavailability and senior counsel's scheduling conflict.
Parties permi
NCLAT Stays Axis Bank Insolvency Against Rajesh Bansal
NCLAT orders Rajesh Bansal to deposit Rs 4.46 crore with tribunal registrar via FDR to show settlement bona fides.
Tribunal directs Resolution Professional to withhold Form-G issuance until next heari
NCLAT Lists Girnar Fibres vs Proma Industries Appeal
NCLAT Principal Bench lists Comp. App. (AT) (Ins) No. 835 of 2025 for next hearing on 15.09.2026.
Appeal involves Girnar Fibres Ltd. as appellant against respondent Proma Industries Ltd.
Order dated 1
NCLAT Adjourns Ebony Estates vs Luna Apparels Appeal
NCLAT Principal Bench adjourns appeal hearing in Ebony Estates vs Luna Apparels insolvency matter to August 14, 2026.
The case involves corporate insolvency proceedings between two private limited com
Digjam NCLT Scheme Approved with 99.94% Votes
Digjam Limited shareholders approved a Scheme of Arrangement with Reid & Taylor International via NCLT-convened meeting with 99.94% votes in favor.
The scrutinizer confirmed the e-voting process was f
Digjam NCLT Convened Shareholder Meeting for Reid & Taylor Scheme
Digjam Limited held an NCLT-convened equity shareholder meeting via video conference on August 16, 2026, to seek approval for a Scheme of Arrangement with Reid & Taylor International Private Limited.
SVP Global Textiles Q1 Net Loss ₹511.59 Crore
SVP Global Textiles reported a consolidated net loss of ₹511.59 crore for Q1 FY27, with zero revenue from operations.
The company appointed Mrs. Aradhana Nayak as an Independent Director, subject to s
Aksh Optifibre Q1 Net Profit Rs 537.74 Lakhs
Aksh Optifibre reported unaudited standalone net profit of Rs 537.74 lakhs for Q1 June 2026, a significant improvement from Rs 33.83 lakhs in Q4 March 2026.
The company is undergoing Corporate Insolve
NCLAT Adjourns Vipul Ltd Insolvency Appeals for Settlement
NCLAT adjourns two insolvency appeals against Vipul Ltd to allow parties time to negotiate a settlement.
Appellants Augment Finvest and Surya Dealtrade are financial creditors seeking recovery from Vi
NCLAT Adjourns Isolux Corsan Liquidator Appeal
NCLAT adjourns hearing for Comp. App. (AT) (Ins) No. 101 of 2024 to August 11, 2026.
Appeal filed by liquidator of Isolux Corsan India Engineering against State Tax Officer.
No substantive proceedings
NCLAT Lists Shreeraj Marcomm Insolvency Appeal
NCLAT Principal Bench schedules hearing for Company Appeal (AT) (Insolvency) No. 187 of 2022.
Appeal involves Shreeraj Marcomm Co Pvt. Ltd. as appellant versus Mohan Insurance & Financial Consultancy
NCLAT Lists K.C Industries vs Pearson Drums Appeal
NCLAT Principal Bench schedules hearing for Company Appeal (AT) (Insolvency) No. 1976 of 2024 for September 22, 2026.
The appeal involves K.C Industries as appellant versus Pearson Drums & Barrels Pvt
Ashok Gupta Appeals NCLAT Against NCLT Dismissal
Ashok Gupta appeals NCLAT against NCLT Kolkata's order dismissing his company petition for non-fulfillment of Section 244 conditions.
The NCLAT issues notices to all respondents, with represented resp
NCLAT Dismisses Asif Siddique's ₹40 Crore Guarantee Appeal
NCLAT upholds NCLT Mumbai's order initiating insolvency against Asif Ahmed Siddique as personal guarantor for Nyka Steel.
Appellant argued guarantee capped at ₹40 crore and NPA classification was back
NCLAT Adjourns Aegis Resolution Insolvency Appeal
NCLAT adjourned Company Appeal (AT) (Insolvency) No. 725 of 2026 to September 21, 2026.
The appeal involves appellant Santosh Kumar Sarda versus respondent Aegis Resolution Service Pvt. Ltd.
The three
NCLAT Adjourns Reliance Commercial vs Skil Infrastructure Appeal
NCLAT adjourned hearing for Company Appeal (AT) (Insolvency) No. 412 of 2023 to September 23, 2026.
The appeal involves Reliance Commercial Finance Ltd as appellant versus Skil Infrastructure Ltd as r
NCLAT Adjourns Anchor Leasing Appeal to September
NCLAT adjourned Anju Gada's appeal against Anchor Leasing to 17 September 2026.
The interim order in the insolvency appeal was directed to continue until the next hearing.
The order was issued by a th
NCLAT Adjourns Candi Solar vs Roofsol Energy Appeal
NCLAT adjourns Company Appeal (AT) (Insolvency) No. 362 of 2026 to September 18, 2026.
The appeal involves Candi Solar IN 2 Pvt. Ltd. as appellant and Roofsol Energy Pvt. Ltd. as respondent.
The order
NCLAT Reserves Order in Talwalkars Insolvency Appeal
NCLAT reserves order in appeal filed by Ravikumar Patel against Talwalkars liquidator.
Appeal concerns insolvency proceedings of Talwalkars Better Value Fitness Ltd.
Hearing conducted in hybrid mode w
NCLAT Adjourns JTPL Insolvency Appeal to September
NCLAT Principal Bench adjourns insolvency appeal hearing for JTPL Pvt. Ltd. to September 10, 2026.
Appeal filed by Resolution Professional Sandeep Goel against respondents Murari Lal & Ors.
No substan
NCLAT Adjourns SBI vs Garden Court Distilleries Appeals
NCLAT Principal Bench adjourns two interconnected insolvency appeals to next hearing date.
Appeals involve State Bank of India and Garden Court Distilleries Pvt. Ltd. with liquidator representation.
M
NCLAT Adjourns Anchor Leasing Appeals to September 2026
NCLAT Principal Bench adjourns four interconnected appeals filed by Anchor Leasing Pvt. Ltd. against the Resolution Professional of Satra Properties (India) Ltd.
The appeals, Comp. App. (AT) (Ins) No.
NCLAT Adjourns Jatalia Global Ventures Insolvency Appeal
NCLAT adjourned an insolvency appeal filed by Anil Jain against Jatalia Global Ventures' monitoring committee.
The appeal hearing was rescheduled from August 13, 2026 to September 2, 2026.
The case in
NCLAT Adjourns Brijnandan Industries Appeal to September 2026
NCLAT Principal Bench adjourns hearing of Company Appeal No. 343 of 2024 to September 30, 2026.
Appeal involves Abhimanyu Singh & Others versus Brijnandan Industries Pvt. Ltd. & Others.
Advocates from
NCLAT Adjourns Eco Solis Insolvency Appeal to September
NCLAT adjourns Eco Solis Pvt. Ltd.'s insolvency appeal against Ansal Urban Condominium to 24th September 2026.
The order was passed by a three-member bench led by Officiating Chairperson Justice Yoges
NCLAT Adjourns Panache Digilife vs Futopia Appeal
NCLAT adjourns hearing for appeal Comp. App. (AT) (Ins) No. 2066 of 2024 to September 21, 2026.
The appeal involves corporate entities Panache Digilife Ltd. and Futopia Global Pvt. Ltd.
The order was
NCLAT Adjourns Sarda vs Aegis Resolution Appeal
NCLAT adjourns Company Appeal (AT) (Insolvency) No. 725 of 2026 to 21st September 2026 for further hearing.
The appeal involves appellant Santosh Kumar Sarda versus respondent Aegis Resolution Service
NCLAT Adjourns Praxis Home Retail Insolvency Appeals
NCLAT adjourned three interconnected insolvency appeals involving Praxis Home Retail and Aegis Resolution Services to September 23, 2026.
The appeals challenge proceedings related to the corporate ins
NCLAT Adjourns Hotel Horizon Insolvency Appeal
NCLAT adjourns Company Appeal (AT) (Insolvency) No. 566 of 2026 to 25th August 2026 at 3:00 PM.
Appeal filed by suspended director Vishal Sharma against a consortium of real estate and financial firms
NCLAT Extends Dr. Shashidhar vs Central Bank Interim Order
NCLAT Chennai extends interim order in Dr. K. Shashidhar's appeals against Central Bank of India until next hearing.
Matters listed for hearing on interim order on 12 October 2026, continuing protecti
NCLAT Chennai Lists Vision Broadband Appeal
NCLAT Chennai lists Company Appeal AT(CH)13/2025 for hearing on September 30, 2026.
Appellants are Vision Broadband Services Pvt Ltd & another against respondent SY Sri Kumar.
Respondent had no appear
NCLAT Chennai Adjourns Shri Ramalinga Mills Appeals
NCLAT Chennai adjourns multiple interconnected appeals and contempt cases involving Shri Ramalinga Mills and related parties to 14 August 2026.
The tribunal continues existing interim orders across al
NCLAT Lists Bhubnesh Commercial Appeal for September
NCLAT Principal Bench adjourns appeal filed by Bhubnesh Commercial Pvt. Ltd. to 22nd September 2026.
The bench orders that any existing interim order in the matter shall continue until the next hearin
NCLAT Lists SKM Contractor vs GF Toll Road Appeal
NCLAT Principal Bench schedules hearing for Company Appeal (AT) (Insolvency) No. 711 of 2026.
Appeal involves SKM Contractor and Services Pvt. Ltd. versus G.F. Toll Road Pvt. Ltd. & Ors.
Next hearing
NCLAT Adjourns Meditrina vs Polypet Appeal to September 2026
NCLAT Principal Bench adjourns hearing of Comp. App. (AT) (Ins) No. 842 of 2024 due to time constraints.
Appeal involves Meditrina Institute of Medical Sciences (formerly VRG Healthcare) versus Polype
SVC Bank NCLAT Insolvency Appeal Adjourned to September
NCLAT adjourns SVC Co-Operative Bank Ltd's insolvency appeal against Arihant Nenawati to 16 September 2026.
The interim order in the case is directed to continue until the next hearing.
The appeal cha
Nakshatra Asset Ventures NCLAT Appeal Hearing Listed
NCLAT lists Nakshatra Asset Ventures' insolvency appeal against Zicom Electronic Security's RP for hearing.
The appeal challenges an order related to the corporate insolvency resolution process of Zic
Linkson International NCLAT Appeal Judgment Reserved
NCLAT reserves judgment in appeal filed by suspended directors of Linkson International Ltd. against the liquidator.
Parties granted five days to submit written submissions limited to 3-4 pages.
The a
NCLAT Adjourns E-Square Leisure vs Kiran Ganatra Appeal
NCLAT adjourned hearing for Company Appeal AT No. 191 of 2024 to August 18, 2026 due to time constraints.
The appellate tribunal directed all parties to submit written submissions before the next hear
NCLAT Adjourns Grey's Exim Insolvency Appeals to August 24
NCLAT Principal Bench adjourns two interconnected insolvency appeals filed by Mehul Sedani, the Successful Resolution Applicant for Grey's Exim Pvt. Ltd.
The appeals are listed for the next hearing on
GB Global NCLT-Approved Merger with Dev Land
NCLT Mumbai approved the merger of listed GB Global Ltd into unlisted Dev Land & Housing Pvt Ltd via a Scheme of Amalgamation.
Public shareholders will receive ₹120 per share plus one redeemable prefe
Talwalkars Fitness Q1 FY27 Net Loss ₹2.96 Lakh
Talwalkars Fitness reports Q1 FY27 unaudited standalone net loss of ₹2.96 lakh with zero revenue from operations.
Company operates under NCLT relief order with pre-transfer liabilities extinguished, b
ICSA India Q1 Results Show Zero Revenue Post-Liquidation
ICSA India reports zero revenue and profit for Q1 FY27 following its liquidation process completion in 2023.
Company sold assets including land for ₹900 lakhs and a car for ₹3.05 lakhs during liquidat
NCLAT Lists Albert Trading vs Gill International Appeal
NCLAT Principal Bench schedules hearing for Company Appeal (AT) (Insolvency) No. 1474 of 2022 for 22nd September 2026.
Appeal involves Albert Trading Company Pvt. Ltd. as appellant versus Gill Interna
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
Bloom Dekor Q1 FY27 Net Loss ₹35.38 Lakh
Bloom Dekor reported a standalone net loss of ₹35.38 lakh for Q1 FY27, with revenue from operations at ₹87.92 lakh.
The company's net worth remains negative at ₹1,465.01 lakh, raising material uncerta