News Updates
Madras High Court Upholds Penalty Waiver Under Section 80 For Financial Crisis In Service Tax
05 Aug 2026
Supreme Court Rules States Cannot Cite Financial Burden To Delay Judges Retiring At Sixty-Two
06 Aug 2026
Rajasthan High Court Demands Comprehensive Affidavit To Remove Encroachments Affecting Critical Ramgarh Dam Water Flow
06 Aug 2026
How Does Algorithmic Bias In Forest Governance Impact Adivasi Rights In Modern India Today?
06 Aug 2026
Christ University Pune Lavasa Hosts International Conference On Indian Knowledge Systems And Global Governance
06 Aug 2026
Bombay High Court Rules Pre-2015 Unilateral Arbitrator Appointments Valid if Contractually Authorized by Agreement
06 Aug 2026
Madras High Court orders TASMAC to issue bills for every liquor sale amid overcharging row
07 Aug 2026
Why Does Institutional Paralysis Persist Within India’s Lower Judiciary Recruitment Processes Across All State Boards?
07 Aug 2026
Ernst & Young Announces Applications for Senior Associate Role in Legal Practice
08 Aug 2026
Search Results for "Banking, Finance & Insolvency News | Supremetoday AI"
Misrepresentation of Jurisdictional Facts Vitiates Insolvency Initiation Under Section 95: NCLAT Sets Aside Order
#IBC #NCLAT
Fractured Foundation: NCLAT Overturns Section 95 Insolvency Order Built on Misrepresentation In a significant ruling, the National Company Law Appellate Tribunal (NCLAT) has set aside a January 2026 order initiating insolvenc...
NCLAT: Disputed Commercial Claims Cannot Be Resolved Through Summary Insolvency Proceedings Under Section 9 IBC
#IBC #NCLAT
More Than a Collection Agency: NCLAT Blocks Insolvency Plea in Complex Freight Dispute In a clear message to creditors, the National Company Law Appellate Tribunal (NCLAT) has reminded stakeholders that the Insolvency and Bankruptcy Code (IBC) is n...
Unsubstantiated MoUs Cannot Defeat Resolution Professional’s Right to Asset Possession under IBC: NCLAT
#IBCIndia #NCLAT
Luxury Perks for Promoters? NCLAT Puts an End to "Shadow" Occupancy in CIRP Proceedings TheNational Company Law Appellate Tribunal(NCLAT), led by Chairperson Justice Ashok Bhushan and Member (Technical) Mr. Barun Mitra, has delivered a stern verdict regarding the limits of promoter control in...
Regulating the Fiat-Crypto Gateway: A Critical Analysis
#CryptoCompliance #FinTechLaw
Regulating the Fiat-Crypto Gateway: A Critical AnalysisThe emergence of decentralized finance (DeFi) has created a significant regulatory paradox. While traditional financial markets are built upon a foundation of centralized intermediaries—banks, clearinghouses, and brokers—that act as natur...
CoC's Commercial Wisdom Paramount; Not Bound by Highest NPV in Resolution Plan Approval: NCLAT
#CoCCommercialWisdom #IBCResolutionPlans
NCLAT Backs Adani's Play for Jaiprakash Assets, Slams Door on Vedanta's Higher-Bid ProtestIn a decisive ruling, the National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi, led by Chairperson Justice Ashok Bhushan and Member (Technical) Barun Mitra, dismissed two appeals ...
Bombay HC Voids Time-Bar Clauses in Health Insurance
#InsuranceLaw #HealthInsurance
Bombay HC Voids Time-Bar Clauses in Health Insurance, Protecting Genuine Claims from Procedural RejectionsIn a significant victory for policyholders, theBombay High Courton 20 April 2026 ruled that insurance companies cannot reject health insurance claims merely on the grounds of delayed fili...
Banks Cannot Transform Into Investigating Agencies and Freeze Accounts on Mere Suspicion: Allahabad High Court
#BankAccountFreezing #PMLA
Banks Cannot Play Detective: Allahabad High Court Slaps Costs for Arbitrary Account FreezeIn a sharp rebuke to banking overreach, the Allahabad High Court has declared that financial institutions have no business morphing into investigative agencies. The division...
IBC Not Recovery Tool; Can't Substitute Decree Execution Against Solvent Firms: Supreme Court
#IBC #InsolvencyResolution
Supreme Court Slams IBC Misuse: No Shortcuts to Debt Recovery via InsolvencyIn a landmark ruling on April 23, 2026, the Supreme Court of India, through a bench comprisingJustice Pamidighantam Sri NarasimhaandJustice Alok Aradhe, categorically held that the Ins...
Seized Demonetized Notes Must Be Exchanged if Custody Rendered Deposit Impossible: Bombay High Court
#Demonetization #LegalPrecedent
Caught in the Crosshairs: Bombay HC Upholds Citizen Equity in Demonetized Currency Dispute In a significant ruling for citizens whose assets were immobilized due to administrative actions, the Nagpur Bench of the Bombay High Court has directed the Reserve Ba...
Supreme Court Dismisses Ambani's Plea on Bank Fraud Classification
#SupremeCourt #BankingLaw
Supreme Court Dismisses Anil Ambani's Plea ChallengingFraud Classificationof Loan AccountsIn a landmark decision with far-reaching implications for banking regulation and corporate debt recovery, theSupreme Court of IndiaonApril 16, 2026, dismissed Special Leave Petitions (SLPs) filed by indu...
