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NCLAT Finalizes Resolution Plan Stance, Dismissing GNIDA Appeal
Posted inBlog

NCLAT Finalizes Resolution Plan Stance, Dismissing GNIDA Appeal

NCLAT dismisses GNIDA's appeal, solidifying resolution plan finality and reinforcing the sanctity of India's corporate insolvency process.
Posted by Prasenjit Bhowmik June 8, 2026
NCLT Prioritizes IBC Revival Over Winding-Up in Landmark SBI Ruling
Posted inBlog

NCLT Prioritizes IBC Revival Over Winding-Up in Landmark SBI Ruling

NCLT's groundbreaking ruling prioritizes corporate revival under IBC, affirming its supremacy over winding-up proceedings for struggling companies.
Posted by Prasenjit Bhowmik June 7, 2026
Corporate Insolvency Settled: NCLAT Remands Yasir Kharwa Case for Section 12A Withdrawal
Posted inBlog

Corporate Insolvency Settled: NCLAT Remands Yasir Kharwa Case for Section 12A Withdrawal

NCLAT remands Yasir Kharwa insolvency case, allowing Section 12A withdrawal after a successful debt settlement between parties.
Posted by Prasenjit Bhowmik June 6, 2026
NCLAT Reviews CIRP Timeline Exclusions in Vivek Bansal vs. Sumit Shukla Case
Posted inBlog

NCLAT Reviews CIRP Timeline Exclusions in Vivek Bansal vs. Sumit Shukla Case

NCLAT's Vivek Bansal vs. Sumit Shukla ruling clarifies CIRP timeline exclusions, impacting corporate insolvency proceedings and legal strategy.
Posted by Prasenjit Bhowmik June 6, 2026
Procedural Hurdles Emerge in Srei Equipment Finance Resolution Appeal
Posted inBlog

Procedural Hurdles Emerge in Srei Equipment Finance Resolution Appeal

Discover the latest procedural challenges in the Srei Equipment Finance resolution appeal at NCLAT, impacting the approved resolution plan.
Posted by Prasenjit Bhowmik June 5, 2026
IBBI Overhauls Insolvency Regulations to Strengthen Corporate Governance and Transparency
Posted inBlog

IBBI Overhauls Insolvency Regulations to Strengthen Corporate Governance and Transparency

IBBI's new insolvency regulations strengthen corporate governance and transparency with stricter disclosures and refined procedures for debt resolution.
Posted by Prasenjit Bhowmik June 5, 2026
Corporate Guarantor Faces CIRP as Limitation Starts From Demand Notice, Not NPA Classification
Posted inBlog

Corporate Guarantor Faces CIRP as Limitation Starts From Demand Notice, Not NPA Classification

NCLT rules CIRP limitation for corporate guarantors begins with demand notice, not NPA, clarifying crucial insolvency law.
Posted by Prasenjit Bhowmik June 3, 2026
NCLAT Reviews Insolvency Proceedings Against Bliss Following Suspended Director's Appeal
Posted inBlog

NCLAT Reviews Insolvency Proceedings Against Bliss Following Suspended Director’s Appeal

On May 29, 2026, the National Company Law Appellate Tribunal (NCLAT), led by Justice Ashok Bhushan, commenced hearings regarding two appeals filed by Bindu Kapoor, the suspended director of Bliss,…
Posted by Prasenjit Bhowmik May 30, 2026
Legal Battle Over Corporate Asset Recovery Intensifies in Insolvency Proceedings
Posted inBlog

Legal Battle Over Corporate Asset Recovery Intensifies in Insolvency Proceedings

NCLAT hears appeals challenging NCLT's order on corporate asset recovery in India's insolvency cases, focusing on fraudulent transactions.
Posted by Prasenjit Bhowmik May 29, 2026
Lender Banks Face Contempt Over Rolled-Over BG Limits in Jyoti Structures Case
Posted inBlog

Lender Banks Face Contempt Over Rolled-Over BG Limits in Jyoti Structures Case

NCLAT reviews an NCLT order threatening banks with imprisonment for not releasing rolled-over BG limits to Jyoti Structures, impacting corporate insolvency.
Posted by Prasenjit Bhowmik May 28, 2026

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Recent Posts

  • ITAT Limits Tax Authority Powers: Reassessments Require Independent Verification
  • ITAT Remands Section 270A Penalty Case if Quantum Appeal Was Still Pending
  • Calcutta High Court Ruling Establishes TDS Records as Legal Proof of Financial Relationships
  • CESTAT Ruling Strengthens CENVAT Credit Eligibility Based on Service Nexus
  • NCLAT Finalizes Resolution Plan Stance, Dismissing GNIDA Appeal

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