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"
NCLT Rejects CIRP Withdrawal Despite Settlement: Upholds Collective Creditor Interests Over Individual Resolution under IBC S.12A
#IBC #CIRP #NCLT #NationalCompanyLawTribunal
NCLT Mumbai Bench Refuses CIRP Withdrawal for Syska LED, Prioritizing Creditor Collective Mumbai, March 18, 2025– The National Company Law Tribunal (NCLT), Mumbai Bench, Court-II, has rejected an application seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated ag...
NCLT Approves Resolution Plan for HBS Auto & ANC SEZ, Paving Way for Revival Under Consortium
#InsolvencyLaw #ResolutionPlan #NCLT #NationalCompanyLawTribunal
NCLT Greenlights Resolution Plan for HBS Auto & ANC SEZ, Consortium to Take OverMumbai, India– In a significant development for corporate insolvency resolution, the National Company Law Tribunal (NCLT) has approved a resolution plan for HBS Auto & ANC SEZPrivate Limited, a real estate develop...
MSME Revival Framework Claim Must Be Raised Before NPA Classification: Kerala High Court
#SARFAESI #MSME #KeralaHighCourt #KeralaHighCourt
```markdownKerala High Court:MSME Revival BenefitsNot Applicable Post NPA DeclarationErnakulam, Kerala -In a recent judgment, the High Court of Kerala dismissed writ petitions filed by M/s. M.D. Esthappan and M/s. M.D. Esthappan Infrastructure Pvt. Ltd., affirming that claims for benefits und...
RBI Directives Prevail: Bombay HC Recalls Order Based on Unlawful Loan Transfer Compromise
#BankingLaw #RBIDirectives #CivilProcedure #BombayHighCourt
Bombay High Court Recalls Order, Citing Violation ofRBIDirectivesin Loan Transfer CompromiseMumbai, India– In a significant ruling emphasizing the binding nature of ReserveBankof India (RBI) directives, the Bombay High Court has recalled its previous order that was based on a compromise found...
NCLT Indore Clears Path for 'Going Concern' Sale Under IBC Liquidation, Grants Wide-Ranging Reliefs
#InsolvencyLaw #GoingConcernSale #NCLT #NationalCompanyLawTribunal
```markdownNCLT Indore Facilitates 'Going Concern' Sale of K.S. Oils Ltd, Approves Clean Slate TransitionIndore, February 3, 2025- The National Company Law Tribunal (NCLT), Indore Bench, comprising Hon’ble Members Chitra Ram Hankare (Judicial) and Kaushalendra Kumar Singh (Technical), has pav...
Recovery Certificate Holders Remain 'Financial Creditors' for IBC Section 7: NCLT Allahabad
#InsolvencyLaw #IBC #RealEstate #NationalCompanyLawTribunal
NCLT AllahabadAdmits CIRP AgainstNHA Infrabuild, Affirms Homebuyers with Recovery Certificates as Financial CreditorsAllahabad, India– The National Company Law Tribunal (NCLT), Allahabad Bench, presided over by Judicial Member Mr.Praveen Guptaand Technical Member Mr.Ashish Verma, has admitted...
Resolution Plan Modification Post CoC Approval Not Permissible Under IBC: NCLT Mumbai Bench II
#InsolvencyLaw #ResolutionPlan #IBC #NationalCompanyLawTribunal
```markdownNCLT Approves Resolution Plan for Reliance Infrastructure Consulting, Rejects Clarificatory AddendumMumbai, March 11, 2025– The National Company Law Tribunal (NCLT), Mumbai Bench II, presided by Hon’ble ShriK. R. Saji Kumar(Member Judicial) and Hon’ble ShriAnil Raj Chellan(Member T...
CJM's Power Under S.14 SARFAESI Act Is Ministerial, Not Adjudicatory; Cannot Entertain Borrower's Petition: Kerala High Court
#SARFAESI #Section14 #KeralaHighCourt
CJM's Role Under SARFAESI Act is Ministerial, Not Adjudicatory: Kerala High Court Kochi, India- The Kerala High Court, in a significant ruling, has reiterated that the role of a Chief Judicial Magistrate (CJM) under Section 14 of the SARFAESI Act is purely ministerial and does not involve any...
Pre-Existing Dispute Over Material Quality Halts Insolvency Proceedings: NCLT Chandigarh
#InsolvencyLaw #IBC #CorporateDispute #NationalCompanyLawTribunal
```markdownNCLT Chandigarh Rejects Insolvency Plea AgainstArcotech LimitedCiting Pre-Existing DisputeChandigarh, February 14, 2025– The National Company Law Tribunal (NCLT), Chandigarh Bench, has dismissed an insolvency petition filed byM.S. MetalsagainstArcotech Limited, citing the existence...
Resolution Plan for Leo Meridian Infrastructure Projects & Hotels Ltd Approved by NCLT Hyderabad, Concluding CIRP
#InsolvencyLaw #CIRP #ResolutionPlan #NationalCompanyLawTribunal
NCLT HyderabadGreenlights Resolution Plan forLeo MeridianHotels, Marking CIRP ConclusionHyderabad, India– In a significant development for the insolvency resolution ofLeo MeridianInfrastructure Projects &Hotels Ltd, the National Company Law Tribunal (NCLT) Hyderabad Bench, presided over by Ho...
