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

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
NCLT Orders Liquidation of Dalmia Life Care After CoC Approves With 72.19% Vote

NCLT Orders Liquidation of Dalmia Life Care After CoC Approves With 72.19% Vote

#IBCLiquidation #NCLTOrder

NCLT OrdersLiquidationof Dalmia Life Care After CoC Approves With 72.19% VoteFailed Resolution Attempts Lead toLiquidationOrderTheNew Delhi Bench of theNational Company Law Tribunal(NCLT) has ordered theliquidationof Dalmia Life Care Private Limited underSection 33(2) of the Insolvency and Ba...

India - National Company Law Tribunal • Section 33(2) of the Insolvency and Bankruptcy Code, 2016 • 28 Aug 2026
Mens Rea Not Required in Bank Employee Disciplinary Proceedings, Holds J&K High Court

Mens Rea Not Required in Bank Employee Disciplinary Proceedings, Holds J&K High Court

#BankMisconduct #DepartmentalProceedings

Mens Rea Not Required in Bank Employee Disciplinary Proceedings, Holds J&K High CourtA banker's duty goes beyond mere profit; it demands absolute adherence to delegated limits, even when good intentions prevail. TheJammu & Kashmir and Ladakh High Courthas squarely reinforced this principle, r...

India - High Court of Jammu and Kashmir • Departmental Proceedings in Banking Sector • 28 Aug 2026
Hakeem Zaffar Ahmad Cannot Defer Appeal Due to Depressed Mood: J&K High Court

Hakeem Zaffar Ahmad Cannot Defer Appeal Due to Depressed Mood: J&K High Court

#CounselRepresentation #Section138NI

Hakeem Zaffar Ahmad Cannot Defer Appeal Due to Depressed Mood: J&K High CourtTheHigh Court of Jammu & Kashmir and Ladakhhas firmly held that a criminal appeal cannot be postponed merely because the appellant claims to be suffering from a depressed mood, especially whenlegal representationis a...

India - High Court of Jammu and Kashmir • Deferment of Appeal on Mental Health Grounds • 28 Aug 2026
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