Tag
Tata Capital Ltd
5 articles
Tata Capital is facing multiple insolvency proceedings as creditors seek recovery of dues. The National Company Law Tribunal (NCLT) across Indore and Chennai has adjourned hearings in several cases involving Tata Capital versus individuals and entities like Manju Garg, Rishabh Garg, Swathi Sharma Gopal Sharma, Luckshmi Yarn Impex, and Sunil Sharma. In some instances, respondents have been declared ex-parte due to non-appearance, potentially streamlining the insolvency process for Tata Capital. These ongoing legal actions highlight challenges in debt recovery and could impact the company's financial performance and future lending activities, warranting close investor monitoring of the outcomes and their effect on Tata Capital’s balance sheet.
NCLT Adjourns Tata Capital vs Manju Garg Insolvency Case
NCLT Indore Bench adjourns Section 95 IBC insolvency application filed by Tata Capital Ltd against Manju Saurabh Garg.
Tribunal directs respondent's counsel to furnish a copy of their reply to the app
NCLT Indore Directs Reply Filing in Tata Capital Case
NCLT Indore bench hears Section 95 IBC application by Tata Capital Ltd against Rishabh Saurabh Garg.
Tribunal directs respondent's counsel to furnish a copy of the reply to the applicant's counsel.
Ap
Tata Capital NCLT Insolvency Proceeding Hearing
NCLT Chennai hears Tata Capital Ltd's insolvency petition against personal guarantor Swathi Sharma Gopal Sharma.
Respondent is set ex-parte after failing to appear despite service of notice.
Case and
Tata Capital vs Luckshmi Yarn NCLT Ex-Parte Hearing
NCLT Chennai holds ex-parte hearing in Tata Capital's insolvency petition against Luckshmi Yarn Impex Pvt Ltd.
Personal Guarantor absent despite service; matter adjourned to 28 August 2026 for further
Tata Capital vs Sunil Sharma Insolvency Petition Hearing
NCLT Chennai hears Tata Capital's insolvency petition against personal guarantor Sunil Sharma.
Respondent Sunil Sharma absent despite service, set ex-parte by the tribunal bench.
Matter adjourned to 2