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"
Directors Liable for ₹10.46 Cr Under S.66 IBC for Fraudulent Trading via Donations, Interest-Free Loans & Falsified Books: NCLT New Delhi
#IBC #NCLT #FraudulentTrading
NCLT Orders Directors of Opulent Infradevelopers to Pay ₹10.46 Crore for Fraudulent Trading New Delhi:The National Company Law Tribunal (NCLT), New Delhi Bench, has directed the suspended directors of Opulent Infradevelopers Pvt. Ltd. to jointly and severally contribute over ₹10.46 crore to t...
Personal Guarantor's Foreign Citizenship No Bar to Bankruptcy Proceedings Under IBC, Rules NCLT Hyderabad
#IBC #PersonalGuarantor #NCLT
NCLT Hyderabad Declares US Citizen Bankrupt, Rejects Jurisdictional Challenge in ₹372 Crore SBI Loan Default CaseHyderabad, Telangana- In a significant ruling clarifying the scope of the Insolvency and Bankruptcy Code (IBC), 2016, the National Company Law Tribunal (NCLT), Hyderabad Bench has ...
NCLT Admits S.7 IBC Plea: Company's Financials Declaring Loan 'Repayable on Demand' Override Shareholder Agreement
#IBC #NCLT #FinancialDebt
NCLT Initiates Insolvency Against Construction Firm, Citing Loan 'Repayable on Demand' in Financials Mumbai:The National Company Law Tribunal (NCLT), Mumbai Bench, comprising Sh. Prabhat Kumar (Member, Technical) and Sh. Sushil Mahadeorao Kochey (Member, Judicial), has admitted a plea to init...
SARFAESI S.13(2) Notice Is Valid Guarantee Invocation; Arbitral Award Extends Limitation For S.95 IBC Plea: NCLT Mumbai
PersonalGuarantor IBC2016 NCLT
SARFAESI Notice Serves as Valid Guarantee Invocation, Arbitral Award Resets Limitation: NCLT Admits Insolvency Plea Against Guarantor Mumbai, October 27, 2025– The National Company Law Tribunal (NCLT), Mumbai Bench, has initiated an insolvency resolution process against a personal guarantor, ...
Indian Law Firms Signal Ambitious Growth with Major Capital Markets Deal and Strategic Expansion
#LawFirmGrowth #CapitalMarkets #CorporateLaw
Indian Law Firms Signal Ambitious Growth with Major Capital Markets Deal and Strategic ExpansionNew Delhi– India's legal landscape is currently witnessing a period of dynamic evolution, underscored by significant transactional activities and strategic firm-level expansions. Recent development...
Allahabad High Court Reaffirms Priority of Secured Creditors Over Crown Debts
SARFAESI SecuredCreditors InsolvencyLaw
Allahabad High Court Reaffirms Priority of Secured Creditors Over Crown Debts Under SARFAESI Act Lucknow, India– In a significant ruling that reinforces the statutory framework governing debt recovery, the Allahabad High Court has unequivocally held that the claims of secured creditors will h...
IBC's Section 14 Moratorium Prevails Over Electricity Regulations; Security Deposit an Asset of Corporate Debtor: NCLT
#IBC #NCLT #Moratorium
NCLT Orders Electricity Board to Refund Security Deposit, Upholds Supremacy of IBC Moratorium Mumbai:The National Company Law Tribunal (NCLT), Mumbai Bench, comprising Sh. Mohan Prasad Tiwari and Sh. Charanjeet Singh Gulati, has ruled that a security deposit held by an electricity distributio...
Trilegal Steers Pluxee's Strategic Acquisition of ProEves
#MergersAndAcquisitions #CorporateLaw #EmployeeBenefits
Trilegal Steers Pluxee's Strategic Acquisition of ProEvesNew Delhi– In a significant move within the employee benefits sector, Indian law firm Trilegal has advised the Pluxee Group on the 100% acquisition of Proeves Services Private Limited. The transaction, which is currently pending closure...
Supreme Court Resolves SARFAESI 'Deadlock,' Defines Borrower Redemption Rights
#SARFAESI #BankingLaw #Insolvency
Supreme Court Resolves SARFAESI 'Deadlock,' Defines Borrower Redemption RightsNew Delhi– In a landmark decision poised to bring significant clarity and stability to debt recovery proceedings, the Supreme Court of India has decisively settled the long-standing controversy surrounding a borrowe...
Supreme Court Resolves SARFAESI 'Deadlock', Curtails Borrower's Redemption Right and Urges Legislative Reform
#SARFAESI #Insolvency #BankingLaw
Supreme Court Resolves SARFAESI 'Deadlock', Curtails Borrower's Redemption Right and Urges Legislative ReformNew Delhi– In a landmark ruling poised to bring significant stability to the enforcement of security interests, the Supreme Court of India has decisively settled the long-standing conf...
