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Insolvency

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NCLAT Reviews Insolvency Proceedings Against Bliss Following Suspended Director's Appeal
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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
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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
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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
Supreme Court Weighs Crucial Insolvency Case Appeal
Posted inBlog

Supreme Court Weighs Crucial Insolvency Case Appeal

The Supreme Court reviews a pivotal insolvency case appeal challenging an NCLT order involving Phoenix ARC and Andes Town Planners.
Posted by Prasenjit Bhowmik May 28, 2026
Corporate Debtor Appeals NCLT Decision on Security Deposit and Dues Adjustment
Posted inBlog

Corporate Debtor Appeals NCLT Decision on Security Deposit and Dues Adjustment

Corporate debtor appeals NCLT decision on security deposit and dues adjustment, citing a moratorium violation during insolvency.
Posted by Prasenjit Bhowmik May 27, 2026
Aidem Ventures' Insolvency Petitions Rejected by NCLT, Appeals Filed
Posted inBlog

Aidem Ventures’ Insolvency Petitions Rejected by NCLT, Appeals Filed

Discover why Aidem Ventures' insolvency petitions were rejected by NCLT and their subsequent appeals to NCLAT.
Posted by Prasenjit Bhowmik May 27, 2026
Neesa Leisure Resolution Plan Faces Appellate Scrutiny Over IBC Compliance
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Neesa Leisure Resolution Plan Faces Appellate Scrutiny Over IBC Compliance

NCLAT reviews Neesa Leisure's resolution plan after NCLT rejected it for non-compliance with IBC, impacting corporate insolvency processes.
Posted by Prasenjit Bhowmik May 26, 2026
Insolvency Proceedings Advance as One-Time Settlement Fails Despite Extensions
Posted inBlog

Insolvency Proceedings Advance as One-Time Settlement Fails Despite Extensions

NCLT admits insolvency proceedings as a One-Time Settlement fails despite extensions, confirming OTS discussions don't halt corporate resolution.
Posted by Prasenjit Bhowmik May 23, 2026

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