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Corporate Liquidation

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Concrete BR Ambedkar Administrative Building nestled in green garden, Chandigarh.
Posted inBlog

NCLT Chandigarh Rejects AKB Ventures Plan and Orders Paytail Commerce Liquidation

NCLT Chandigarh rejects AKB Ventures resolution plan for non-compliance and orders liquidation for Paytail Commerce under insolvency laws.
Posted by Prasenjit Bhowmik September 6, 2026
Studio shot of income tax envelope with red pen for accounting and tax season preparation.
Posted inBlog

Madras High Court Approves Advocate Appointment for Income Tax Records Review in Liquidation

Madras High Court permits appointing an advocate to examine tax records and settle a Rs.6.29 crore Income Tax Department claim during liquidation.
Posted by Prasenjit Bhowmik September 4, 2026
Madras HC Permits Advocate Appointment to Examine Income Tax Records in Liquidation
Posted inBlog

Madras HC Permits Advocate Appointment to Examine Income Tax Records in Liquidation

The Madras High Court allowed appointing an advocate to inspect tax records to resolve a 6.29 crore rupee claim during corporate liquidation.
Posted by Prasenjit Bhowmik August 10, 2026
NCLAT Hears Appeal Regarding Liquidator Appointment in Punjab National Bank Insolvency Case
Posted inBlog

NCLAT Hears Appeal Regarding Liquidator Appointment in Punjab National Bank Insolvency Case

Insolvency professional Mr. Rajesh Mehru filed an appeal on July 31, 2026, challenging a lower tribunal order that bypassed the unanimous recommendation of a sole financial creditor. The legal challenge…
Posted by Prasenjit Bhowmik August 1, 2026
Judicial Dissent Emerges in Arc Research Versus Adya Oils Liquidation Appeal
Posted inBlog

Judicial Dissent Emerges in Arc Research Versus Adya Oils Liquidation Appeal

A notable judicial disagreement surfaced on July 29, 2026, within a high-profile corporate insolvency appeal involving Arc Research And Development Centre and the Liquidator of Adya Oils And Chemicals. Justice…
Posted by Prasenjit Bhowmik July 30, 2026

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