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

Supreme Court to Examine if Transferred Winding-Up Petitions Must Meet IBC Threshold

Supreme Court to Examine if Transferred Winding-Up Petitions Must Meet IBC Threshold

#SupremeCourt #IBC

Supreme Court to Examine if Transferred Winding-Up Petitions Must Meet IBC ThresholdThe Supreme Court of India has agreed to adjudicate a critical question that could affect hundreds of pending insolvency proceedings: whether winding‑up petitions

India - Supreme Court • Section 434 Companies Act / IBC threshold • 19 Aug 2026
NCLT Guwahati Dismisses Indian Bank's Application to Remove RP, Says Internal Policies Cannot Override IBC

NCLT Guwahati Dismisses Indian Bank's Application to Remove RP, Says Internal Policies Cannot Override IBC

#InsolvencyAndBankruptcyCode #ResolutionProfessional

NCLT Guwahati Dismisses Indian Bank's Application to Remove RP, Says Internal Policies Cannot Override IBCThe Guwahati bench of the National Company Law Tribunal (NCLT

India - High Court of Gauhati • Section 98 of the Insolvency and Bankruptcy Code, 2016 • 19 Aug 2026
NCLT Guwahati Admits Insolvency Plea Against Adhunik Meghalaya Steels, Holds Pledged Shares Dispute No Defence

NCLT Guwahati Admits Insolvency Plea Against Adhunik Meghalaya Steels, Holds Pledged Shares Dispute No Defence

#InsolvencyAndBankruptcyCode #Section7IBC

NCLT Guwahati Admits Insolvency Plea Against Adhunik Meghalaya Steels, Holds Pledged Shares Dispute No DefenceInsolvency petition under Section 7 of the IBC admitted despite objections over timing and manner of pledge enforcement; court holds that contractual discretion over security does not...

India - National Company Law Tribunal • Section 7 Petition – Financial Debt and Default • 19 Aug 2026
NCLAT Dismisses Byju Raveendran's Appeal Against Glas Trust's Majority Voting Share in BYJU'S CoC

NCLAT Dismisses Byju Raveendran's Appeal Against Glas Trust's Majority Voting Share in BYJU'S CoC

#InsolvencyAndBankruptcyCode #NCLAT

NCLAT Dismisses Byju Raveendran's Appeal Against Glas Trust's Majority Voting Share in BYJU'S CoCThe National Company Law Appellate Tribunal (NCLAT), Chennai bench, on Monday dismissed an appeal filed by Byju Raveendran, suspended director and promoter of Think & Learn Pvt...

India - National Company Law Appellate Tribunal • Maintainability of Appeal against Procedural Order • 19 Aug 2026
NCLAT Dismisses Chemstar Director's Appeal Against CIRP Admission Over ₹11.87 Crore Claim

NCLAT Dismisses Chemstar Director's Appeal Against CIRP Admission Over ₹11.87 Crore Claim

#Section7IBC #CorporateInsolvency

NCLAT Dismisses Chemstar Director's Appeal Against CIRP Admission Over ₹11.87 Crore ClaimThe National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, on 18 August 2026 dismissed an appeal filed by Ashutosh Majumdar, suspended director of Ch...

India - National Company Law Tribunal • Section 7 of Insolvency and Bankruptcy Code, 2016 • 19 Aug 2026
Rs 58.55 Crore Default: NCLT Ahmedabad Admits CIRP Against Capbridge Venture LLP

Rs 58.55 Crore Default: NCLT Ahmedabad Admits CIRP Against Capbridge Venture LLP

#IBC #CorporateInsolvency

Rs 58.55 Crore Default: NCLT Ahmedabad Admits CIRP Against Capbridge Venture LLPThe Ahmedabad bench of the National Company Law Tribunal (NCLT) has admitted a corporate insolvency resolution process (CIRP)

India - National Company Law Tribunal • Section 7 IBC • 19 Aug 2026
Karnataka High Court to Rehear ED Case Against Sammaan Capital Over Pending Supreme Court Issue

Karnataka High Court to Rehear ED Case Against Sammaan Capital Over Pending Supreme Court Issue

#PMLA #KarnatakaHighCourt

Karnataka High Courtto RehearEDCase AgainstSammaan CapitalOver PendingSupreme CourtIssueTheKarnataka High Courthas taken the rare step of agreeing to rehear theDirectorate of Enforcement’s (ED) money laundering case againstSammaan Capital(formerlyIndiabulls Housing Finance Limited) after ackn...

India - High Court of Karnataka • Prevention of Money Laundering Act (PMLA) • 18 Aug 2026
Suspended Director's Plan For Mangomeadows Can't Face Harsher Standard; NCLT Kochi Orders Reconsideration

Suspended Director's Plan For Mangomeadows Can't Face Harsher Standard; NCLT Kochi Orders Reconsideration

#InsolvencyCode #NCLT

Suspended Director's Plan For Mangomeadows Can't Face Harsher Standard; NCLT Kochi Orders ReconsiderationTheNational Company Law Tribunal (NCLT) Kochi Benchhas delivered a significant ruling, holding that aResolution Plansubmitted by asuspended directorcannot be subjected to a harsher or more...

India - National Company Law Tribunal • Section 30(2) of IBC, 2016 • 18 Aug 2026
Supreme Court Upholds DRT Auction Sale Despite Lack Of Notice Under Order XXI Rule 22

Supreme Court Upholds DRT Auction Sale Despite Lack Of Notice Under Order XXI Rule 22

#DRTAuction #OrderXXIRule22

Supreme Court Upholds DRT Auction Sale Despite Lack Of Notice Under Order XXI Rule 22TheSupreme Courthas ruled that failure to serve notice underOrder XXI Rule 22 of theCode of Civil Procedurebefore executing a decree does not invalidate anauction saleconducted by theDebts Recovery Tribunal (...

India - Supreme Court • Recovery of Debts and Bankruptcy Act, 1993 • 17 Aug 2026
Banker's Books Evidence Bill, 2026 Raises Privacy Concerns Over Unsupervised Police Access to Bank Records

Banker's Books Evidence Bill, 2026 Raises Privacy Concerns Over Unsupervised Police Access to Bank Records

#RightToPrivacy #BankersBooksEvidenceBill

Banker's Books Evidence Bill, 2026 Raises Privacy Concerns Over Unsupervised Police Access to Bank RecordsThe Lok Sabha on August 5, 2026, passed the Banker's Books Evidence Bill, 2026, by voice vo...

India - Latest News • Police Access to Financial Records – Proportionality Analysis • 16 Aug 2026
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