News Updates
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
Kerala High Court Salutes R. Rajesh's Supreme Sacrifice, Urges Vigilance in Kochi Flood Prevention
08 Aug 2026
Search Results for "Banking, Finance & Insolvency News | Supremetoday AI"
SARFAESI Proceedings: Section 14 Actions Constitute Continuing Cause of Action, Rules Allahabad High Court
#SARFAESI #BankingLaw
Defining the Timeline: High Court Clarifies Limitation Period for SARFAESI Challenges In a significant ruling for borrowers navigating the complexities of theSecuritisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002(SARFAESI Act), the High Cou...
Unregistered Security Interest in ICD Agreement Doesn't Create a Valid Charge; Subsequent Asset Sale Not Fraudulent Trading Under S.66 IBC: NCLT Kochi
#NCLT #IBC2016 #FraudulentTrading
NCLT Kochi Dismisses Fraudulent Trading Plea, Rules Unregistered Security Interest Invalid Kochi, July 30, 2025– The National Company Law Tribunal (NCLT), Kochi Bench, has dismissed an application alleging fraudulent trading under Section 66 of the Insolvency and Bankruptcy Code (IBC), 2016. ...
Entry in Balance Sheet Can Be 'Acknowledgment of Debt' Under S.18 Limitation Act Even Without Naming Creditor: Supreme Court
#IBC #LimitationAct #SupremeCourtOfIndia
Supreme Court: Balance Sheet Entry is Valid Debt Acknowledgment, Revives Limitation for IBC Proceedings New Delhi:In a significant judgment clarifying the interplay between corporate financial reporting and insolvency law, the Supreme Court has ruled that an entry in a company's balance sheet...
Fresh 30-Day Notice Under Rule 8(6) SARFAESI Rules Mandatory For Subsequent Auctions, Borrower's Redemption Right Sacrosanct: DRAT Kolkata
#SARFAESI #DRAT #AuctionSale
Fresh 30-Day Notice Mandatory for Subsequent Auctions Under SARFAESI Act, DRAT Kolkata Upholds Borrower's 'Sacrosanct' Right of Redemption Kolkata, July 18, 2025– The Debts Recovery Appellate Tribunal (DRAT) at Kolkata has delivered a significant ruling reinforcing borrowers' rights, holding ...
MSMEs Must Claim Status Before NPA Classification to Stall SARFAESI Action, Can't Raise Plea Belatedly: Kerala High Court
#SARFAESI #MSME #BankingLaw
MSMEs Cannot Belatedly Invoke Revival F\ramework to Stall SARFAESI Action, Rules Kerala High Court Ernakulam, Kerala– In a significant ruling clarifying the rights ofMicro, Small, and Medium Enterprises (MSMEs) facing loan recovery, the Kerala High Court has held that a borrower cannot invoke...
Vessel Not Classed Per ICC Norms Is Breach Of Warranty; Insurer Can Repudiate Claim Despite Receiving Information: NCDRC
MarineInsurance InsuranceLaw NCDRC
NCDRC: Insurer Can Repudiate Marine Claim for Unclassed Vessel Despite Receiving Information; No Waiver Implied New Delhi:The National Consumer Disputes Redressal Commission (NCDRC), in a significant ruling on marine insurance law, has dismissed three complaints filed by importers against The...
Gauhati High Court Orders Expeditious Liquidation of Co-op Bank to Settle Long-Pending Employee Claims
#GauhatiHighCourt #CooperativeLaw #Liquidation
Gauhati High Court Directs Liquidator to Expedite Liquidation of Ailing Co-op Bank Guwahati:In a significant move aimed at resolving the long-standing grievances of employees, the Gauhati High Court has directed the official liquidator to proceed expeditiously with the liquidation of the Assa...
All Claims Against Liquidated Co-op Bank Must Go to Liquidator; No Parallel Proceedings Allowed Under S.141 of TN Co-op Act: Madras High Court
#MadrasHighCourt #CooperativeLaw #Liquidation
Madras High Court Orders Expedited Settlement for Defunct Co-op Bank, Directs All Claims to Liquidator MADURAI:In a significant ruling aimed at untangling a nearly two-decade-long legal battle, the Madras High Court has directed that all claims and disputes related to the liquidated Madurai U...
NCLT Mumbai Dismisses Cross-Insolvency Petitions Under S.9 IBC, Cites Pre-Existing Disputes & Premature Filing in SIAL vs WIL Case
#IBC #NCLT #Insolvency #NationalCompanyLawTribunal
NCLT Dismisses Cross-Insolvency Petitions Between Swaraj India Agro and Walchandnagar Industries Citing Disputes and Premature Filing Mumbai:The National Company Law Tribunal (NCLT), Mumbai Bench, comprising Prabhat Kumar (Member Technical) andV. G Bisht(Member Judicial), has dismissed two cr...
NCLT: Personal Guarantee Invocation Under IBC S.95 Time-Barred if Based on Principal's Default, Premature if on Post-Demand Default
#IBC #PersonalGuarantee #NCLT #NationalCompanyLawTribunal
NCLT Dismisses Insolvency Petitions Against Personal Guarantors, Cites Limitation and Prematurity Mumbai:The National Company Law Tribunal (NCLT), Mumbai Bench, comprising ShriPrabhat Kumar(Member Technical) and Justice ShriV.G. Bisht(Member Judicial), has dismissed a series of insolvency pet...
