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

Member Shortage Forces 18 NCLT Benches to Hold Half-Day Sittings: Bar Association to Supreme Court

Member Shortage Forces 18 NCLT Benches to Hold Half-Day Sittings: Bar Association to Supreme Court

#NCLT #MemberShortage

Member Shortage Forces 18 NCLT Benches to Hold Half-Day Sittings: Bar Association to Supreme CourtTheNational Company Law Tribunal (NCLT), the cornerstone of India's insolvency and corporate dispute resolution framework, is facing a severe operational crisis. TheNCLT Bar Associationhas moved ...

India - National Company Law Tribunal • NCLT functioning • 19 Sep 2026
NCLAT Holds Removal of Hypothecated Machinery During Insolvency as Fraudulent Trading in Santoshi Barrier Film

NCLAT Holds Removal of Hypothecated Machinery During Insolvency as Fraudulent Trading in Santoshi Barrier Film

#IBC #FraudulentTrading

NCLAT Holds Removal of Hypothecated Machinery During Insolvency as Fraudulent Trading in Santoshi Barrier FilmTheNational Company Law Appellate Tribunal (NCLAT)at Delhi has delivered a significant ruling under theInsolvency and Bankruptcy Code (IBC), affirming that the removal of high-valuehy...

India - National Company Law Appellate Tribunal • Section 66 IBC – Fraudulent Trading • 19 Sep 2026
Can a Welfare Policy Preserve Claims Extinguished Under IBC? Madhya Pradesh High Court Says No

Can a Welfare Policy Preserve Claims Extinguished Under IBC? Madhya Pradesh High Court Says No

#IBC #CleanSlateDoctrine

Can a Welfare Policy Preserve Claims Extinguished Under IBC? Madhya Pradesh High Court Says NoIn a significant ruling reinforcing the supremacy of the Insolvency and Bankruptcy Code (IBC), the Madhya Pradesh High Court has held that a welfare-oriented ...

India - High Court of Madhya Pradesh • Section 238 IBC, Clean Slate Doctrine, Rehabilitation Policy • 19 Sep 2026
National Company Law Tribunal Orders Mediation Between B9 Beverages and Creditors in Insolvency Case

National Company Law Tribunal Orders Mediation Between B9 Beverages and Creditors in Insolvency Case

#InsolvencyLaw #NCLT

National Company Law Tribunal Orders Mediation Between B9 Beverages and Creditors in Insolvency CaseTheNational Company Law Tribunal (NCLT) Delhi benchhas directedB9 Beverages Limited, the company behind the popular Bira 91 beer brand, along with its promoters and certainfinancial creditors, ...

India - National Company Law Tribunal • Section 7 of IBC, 2016 • 19 Sep 2026
NCLAT Rules Mere Pendency of Criminal Proceedings Does Not Disqualify Resolution Applicant Under IBC

NCLAT Rules Mere Pendency of Criminal Proceedings Does Not Disqualify Resolution Applicant Under IBC

#IBC #NCLAT

NCLAT Rules Mere Pendency of Criminal Proceedings Does Not Disqualify Resolution Applicant Under IBCIn a significant ruling that clarifies the interplay between criminal investigations and corporate insolvency, theNational Company Law Appellate Tribunal (NCLAT) at Delhihas held that the mere ...

India - National Company Law Appellate Tribunal • Section 29A IBC • 19 Sep 2026
Identity Science's Insolvency Plea Revived by NCLAT as FedEx Service Objection Fails

Identity Science's Insolvency Plea Revived by NCLAT as FedEx Service Objection Fails

#IBC #NCLAT

Identity Science's Insolvency Plea Revived by NCLAT as FedEx Service Objection FailsTheNational Company Law Appellate Tribunal (NCLAT) at Delhihas delivered a significant ruling on the validity ofdemand noticeservice under theInsolvency and Bankruptcy Code (IBC), holding thathyper-technical o...

India - National Company Law Appellate Tribunal • Section 9 IBC • 19 Sep 2026
NCLT Mumbai Dismisses Perjury Plea Against Omkara Assets Reconstruction Over Account Differences

NCLT Mumbai Dismisses Perjury Plea Against Omkara Assets Reconstruction Over Account Differences

#NCLT #CorporateLaw

NCLT Mumbai Dismisses Perjury Plea Against Omkara Assets Reconstruction Over Account DifferencesTheNational Company Law Tribunal (NCLT), Mumbai, has firmly rejected an attempt to initiateperjury proceedingsagainstOmkara Assets Reconstruction Pvt Ltd., holding that mere inaccuracies orreconcil...

India - National Company Law Tribunal • Section 340 CrPC - Perjury • 19 Sep 2026
NCLT Mumbai Holds Financial Hardship Cannot Excuse Repeated Non-Appearance in Insolvency

NCLT Mumbai Holds Financial Hardship Cannot Excuse Repeated Non-Appearance in Insolvency

#InsolvencyLaw #NCLT

NCLT Mumbai Holds Financial Hardship Cannot Excuse Repeated Non-Appearance in InsolvencyTheNational Company Law Tribunal (NCLT) Mumbai Benchhas delivered a significant ruling on the procedural rigour required in insolvency proceedings, holding thatfinancial hardshipor the fact that an applica...

India - National Company Law Tribunal • Section 9 of Insolvency and Bankruptcy Code, Restoration of Petition • 19 Sep 2026
NCLAT Delhi Holds Arbitral Award's Joint and Several Liability Does Not Extinguish Personal Guarantee

NCLAT Delhi Holds Arbitral Award's Joint and Several Liability Does Not Extinguish Personal Guarantee

#IBC #PersonalGuarantee #NCLAT

NCLAT Delhi Holds Arbitral Award's Joint and Several Liability Does Not Extinguish Personal GuaranteeTheNational Company Law Appellate Tribunal (NCLAT), New Delhi, delivered a significant ruling on17 September, clarifying that an arbitral award imposingjoint and several liabilitydoes not, by ...

India - National Company Law Appellate Tribunal • Personal Guarantee under IBC • 19 Sep 2026
Bombay High Court Holds Unreasonable Delay in SARFAESI Possession Defeats Act Provisions

Bombay High Court Holds Unreasonable Delay in SARFAESI Possession Defeats Act Provisions

#SARFAESI #BombayHighCourt

Bombay High CourtHolds Unreasonable Delay in SARFAESI Possession Defeats Act ProvisionsTheBombay High Courthas delivered a strong rebuke against the lethargy of court-appointed officials and law enforcement in executing possession orders under theSecuritisation and Reconstruction of Financial...

India - High Court of Bombay • Section 14 SARFAESI Act – Possession • 18 Sep 2026
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