Search Results for "Banking, Finance & Insolvency News | Supremetoday AI"

NCLT Kolkata Initiates CIRP Against Planet Infrastructure Management Over Unpaid Operational Debt Rs 4.95 Crore

NCLT Kolkata Initiates CIRP Against Planet Infrastructure Management Over Unpaid Operational Debt Rs 4.95 Crore

#CIRP #InsolvencyAndBankruptcyCode

NCLT Kolkata Initiates CIRP Against Planet Infrastructure Management Over Unpaid Operational Debt Rs 4.95 CroreTheNational Company Law Tribunal (NCLT), Kolkata Bench, has admittedPlanet Infrastructure Management Private Limitedinto theCorporate Insolvency Resolution Process (CIRP)underSection...

India - National Company Law Tribunal • Section 9 of Insolvency and Bankruptcy Code, 2016 • 01 Sep 2026
NCLT Chennai Dismisses Jyoti Ltd's Insolvency Petition Against Marg Ltd Over Pre-Existing Dispute

NCLT Chennai Dismisses Jyoti Ltd's Insolvency Petition Against Marg Ltd Over Pre-Existing Dispute

#Section9IBC #PreExistingDispute

NCLT Chennai Dismisses Jyoti Ltd's Insolvency Petition Against Marg Ltd Over Pre-Existing DisputeNCLTChennai Rejects Insolvency Bid DespiteArbitral AwardIn a significant ruling on applications underSection 9 of theInsolvency and Bankruptcy Code (IBC), theNational Company Law Tribunal (NCLT), ...

India - National Company Law Appellate Tribunal • Section 9 IBC – Pre-existing Dispute • 01 Sep 2026
NCLT Chandigarh Rules Suspended Directors Cannot Raise Proxy Grievances on Behalf of Homebuyers

NCLT Chandigarh Rules Suspended Directors Cannot Raise Proxy Grievances on Behalf of Homebuyers

#ProxyGrievances #NCLTChandigarh

NCLT Chandigarh Rules Suspended Directors Cannot Raise Proxy Grievances on Behalf of HomebuyersTheNational Company Law Tribunal (NCLT), Chandigarh Bench, Court-I, delivered a significant ruling onAugust 13, 2026, firmly rejecting an attempt by suspended directors to challenge a resolution pla...

India - National Company Law Appellate Tribunal • Locus Standi of Suspended Directors • 01 Sep 2026
Appletree Chits India Claim: Official Liquidator Gets 4 Years From Winding Up, Kerala High Court

Appletree Chits India Claim: Official Liquidator Gets 4 Years From Winding Up, Kerala High Court

#OfficialLiquidator #Section458A

Appletree Chits India Claim: Official Liquidator Gets 4 Years From Winding Up, Kerala High CourtTheKerala High Courthas delivered a pivotal ruling on the limitation period for claims filed by an Official Liquidator, holding that the clock starts ticking from the date of thewinding up order, n...

India - High Court of Kerala • Section 446 and Section 458A of the Companies Act, 1956; Article 137 of the Limitation Act, 1963 • 01 Sep 2026
Allahabad High Court Upholds SBI's 10% Cap on Higher Grade for Trainee Officers

Allahabad High Court Upholds SBI's 10% Cap on Higher Grade for Trainee Officers

#SBIBank #MMGSIIPlacement

Allahabad High CourtUpholdsSBI's 10% Cap on Higher Grade for Trainee OfficersTheAllahabad High Courthas upheld theState Bank of India's policy capping the number of trainee and probationary officers placed in the MMGS-II grade to the top 10% of a batch, ruling that scoring the prescribed mark...

India - High Court of Allahabad • Placement in MMGS-II Grade • 01 Sep 2026
Canara Bank's Insolvency Plea Against Equinox India Developments Gets Supreme Court Notice

Canara Bank's Insolvency Plea Against Equinox India Developments Gets Supreme Court Notice

#IBC #SupremeCourt

Canara Bank's Insolvency Plea Against Equinox India Developments GetsSupreme CourtNoticeTheSupreme Courton Monday issued notice in aspecial leave petitionfiled byCanara Bank, challenging an order of theNational Company Law Appellate Tribunal (NCLAT)that set aside the admission of the bank’s i...

India - Supreme Court • Section 7 IBC and Corporate Guarantee • 31 Aug 2026
NCLAT to hear LIC appeal for Subhash Chandra's IBC liability cut tomorrow

NCLAT to hear LIC appeal for Subhash Chandra's IBC liability cut tomorrow

#IBC #NCLAT

NCLAT to hear LIC appeal for Subhash Chandra's IBC liability cut tomorrowThe National Company Law Appellate Tribunal (NCLAT) will hear tomorrow an urgent appeal filed by LIC Housing Finance against a controversial order of the National Company Law Tribunal (NC...

India - National Company Law Appellate Tribunal • Insolvency and Bankruptcy Code, 2016 • 31 Aug 2026
Kerala High Court: Wife's Property Not Attachable for Husband's Debt Even If Gift Was Fraudulent

Kerala High Court: Wife's Property Not Attachable for Husband's Debt Even If Gift Was Fraudulent

#ExecutionProceedings #Section53TPAct

Kerala High Court: Wife's Property Not Attachable for Husband's Debt Even If Gift Was FraudulentIn a significant ruling on execution of foreign decrees, the Kerala High Court has held that the per...

India - High Court of Kerala • Attachment of Property / Section 53 Transfer of Property Act • 29 Aug 2026
NCLT Approves Subhash Chandra Rs 6.5 Crore Repayment Plan Creditors Face 99.97 Percent Haircut

NCLT Approves Subhash Chandra Rs 6.5 Crore Repayment Plan Creditors Face 99.97 Percent Haircut

#PersonalInsolvency #NCLT

NCLT Approves Subhash Chandra Rs 6.5 Crore Repayment Plan Creditors Face 99.97 Percent HaircutThe National Company Law Tribunal (NCLT) in New Delhi has approved a repayment plan for Zee Group ...

India - National Company Law Tribunal • Section 114 IBC - Approval of Repayment Plan • 28 Aug 2026
NCLT Ahmedabad Bench Admits Kalahridhaan Trendz into CIRP Over ₹3.26 Crore Default

NCLT Ahmedabad Bench Admits Kalahridhaan Trendz into CIRP Over ₹3.26 Crore Default

#Section7IBC #CIRP

NCLT Ahmedabad Bench Admits Kalahridhaan Trendz into CIRP Over ₹3.26 Crore DefaultThe Ahmedabad Bench of the National Company Law Tribunal (NCLT) has admitted Kalahridhaan Trendz Limited into the Corporate Insolvency Resolution Process (CIRP)...

India - National Company Law Tribunal • Section 7 IBC, CIRP Initiation • 28 Aug 2026
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