Search Results for "national company law tribunal News | Supremetoday AI"

Mortgage to Secure Group Company's Loan Isn't 'Financial Debt' Under IBC Sec 5(8) Without an Explicit Guarantee: NCLT

Mortgage to Secure Group Company's Loan Isn't 'Financial Debt' Under IBC Sec 5(8) Without an Explicit Guarantee: NCLT

#IBC #NCLT #FinancialDebt

NCLT Rejects ARCIL's ₹1,279 Crore Claim as 'Financial Debt', Upholds Distinction Between Mortgage and Guarantee Mumbai | September 9, 2025– The National Company Law Tribunal (NCLT), Mumbai Bench, has delivered a significant ruling clarifying the scope of 'financial debt' under the Insolvency ...

India - National Company Law Tribunal Case Law 21 Sep 2025
Del Credere Agent Who Paid Principal For Corporate Debtor’s Default Can Initiate CIRP U/S 9 IBC: NCLT Kolkata

Del Credere Agent Who Paid Principal For Corporate Debtor’s Default Can Initiate CIRP U/S 9 IBC: NCLT Kolkata

#NCLT #IBC2016 #DelCredereAgent

NCLT Admits Insolvency Plea by Del Credere Agent, Cites Right to Recover Dues Paid on Behalf of Debtor Kolkata:The National Company Law Tribunal (NCLT), Kolkata Bench, comprisingSmt. Bidisha Banerjee (Judicial Member)andCmde. Siddharth Mishra (Technical Member), has admitted a petition to ini...

India - National Company Law Tribunal Case Law 21 Sep 2025
Mortgage vs. Guarantee: Covenants in Loan Agreements are Crucial to Establish 'Financial Debt' under IBC S.5(8): NCLT Mumbai

Mortgage vs. Guarantee: Covenants in Loan Agreements are Crucial to Establish 'Financial Debt' under IBC S.5(8): NCLT Mumbai

#NCLT #Insolvency #FinancialDebt

NCLT Mumbai Clarifies When a Mortgage Becomes a Guarantee, Partially Admits ARCIL's ₹751 Crore Claim In a nuanced ruling, the National Company Law Tribunal (NCLT) Mumbai Bench dissected several loan and mortgage agreements to distinguish between a simple third-party security and a contract of...

India - National Company Law Tribunal Case Law 21 Sep 2025
Application based on rectified default is defective; cannot initiate CIRP on incorrect default date: NCLT Mumbai

Application based on rectified default is defective; cannot initiate CIRP on incorrect default date: NCLT Mumbai

#NCLT #IBC2016 #Insolvency

NCLT Mumbai Dismisses Insolvency Plea Against Gensol EV, Cites Incorrect Default Date Mumbai:The National Company Law Tribunal (NCLT), Mumbai Bench, has dismissed a petition filed by Vivriti Capital Limited to initiate insolvency proceedings against Gensol Electric Vehicles Private Limited, r...

India - National Company Law Tribunal Case Law 21 Sep 2025
Uninvoked Guarantee Constitutes a 'Claim'; Resolution Professional Cannot Unilaterally Reject an Admitted Claim: NCLT Mumbai

Uninvoked Guarantee Constitutes a 'Claim'; Resolution Professional Cannot Unilaterally Reject an Admitted Claim: NCLT Mumbai

Insolvency CorporateGuarantee NCLT

NCLT Mumbai Rules Claim on Uninvoked Guarantee Admissible, Curbs Resolution Professional's Power to Reverse Decisions Mumbai:In a significant ruling, the National Company Law Tribunal (NCLT), Mumbai Bench, has held that a claim arising from an uninvoked corporate guarantee is admissible in an...

India - National Company Law Tribunal Case Law 21 Sep 2025
Petition under S. 241/242 Companies Act Barred by Estoppel & Res Sub Judice Due to Parallel High Court Proceedings: NCLT New Delhi

Petition under S. 241/242 Companies Act Barred by Estoppel & Res Sub Judice Due to Parallel High Court Proceedings: NCLT New Delhi

OppressionAndMismanagement NCLT CompanyLaw

NCLT Dismisses Oppression Petition Against M.G. Buildmart, Cites Parallel Proceedings in High Court New Delhi:The National Company Law Tribunal (NCLT), New Delhi Bench, has dismissed a petition alleging oppression and mismanagement in the affairs of M.G. Buildmart Pvt. Ltd., ruling it non-mai...

India - National Company Law Tribunal Case Law 21 Sep 2025
NCLT Orders Meetings for Cultfit Group's Complex Restructuring Scheme Under Sections 230-232 of Companies Act

NCLT Orders Meetings for Cultfit Group's Complex Restructuring Scheme Under Sections 230-232 of Companies Act

#NCLT #CorporateRestructuring #Cultfit

NCLT Greenlights Next Step in Cultfit's Corporate Overhaul, Orders Creditor and Shareholder Meetings CHENNAI:The National Company Law Tribunal (NCLT), Chennai Bench, has allowed an application filed by Cultfit Healthcare Private Limited and its associated companies, paving the way for a compl...

India - National Company Law Tribunal Case Law 21 Sep 2025
NCLT Greenlights Merger of Loss-Making IT Firms Enhops and Proarch, Citing Long-Term Synergies Despite Financial Setbacks

NCLT Greenlights Merger of Loss-Making IT Firms Enhops and Proarch, Citing Long-Term Synergies Despite Financial Setbacks

NCLT MergersAndAcquisitions CorporateLaw

NCLT Sanctions Merger of Enhops Solutions and Proarch IT, Citing Strategic Rationale Despite Both Firms Being Loss-Making Hyderabad, Telangana– The National Company Law Tribunal (NCLT), Hyderabad Bench, has officially sanctioned the scheme of amalgamation between Enhops Solutions Private Limi...

India - National Company Law Tribunal Case Law 21 Sep 2025
NCLT Upholds Commercial Wisdom on 'Appointed Date' in Amalgamation Schemes Under Sec 232 of Companies Act

NCLT Upholds Commercial Wisdom on 'Appointed Date' in Amalgamation Schemes Under Sec 232 of Companies Act

#NCLT #Amalgamation #CorporateLaw

NCLT Sanctions JK Cement's Merger with Toshali Cements, Upholds Company's Discretion on 'Appointed Date' Prayagraj, September 12, 2025– The Allahabad Bench of the National Company Law Tribunal (NCLT), comprising Shri Praveen Gupta (Member, Judicial) and Shri Ashish Verma (Member, Technical), ...

India - National Company Law Tribunal Case Law 21 Sep 2025
NCLT Bengaluru Sanctions Amalgamation of Intuit India Entities Under S.230-232 of Companies Act, 2013, Accepting Undertakings on Regulatory Objections

NCLT Bengaluru Sanctions Amalgamation of Intuit India Entities Under S.230-232 of Companies Act, 2013, Accepting Undertakings on Regulatory Objections

#NCLT #Amalgamation #CorporateLaw

NCLT Bengaluru Approves Merger of Two Intuit India Companies, Emphasizes Compliance Through Undertakings Bengaluru, India– The National Company Law Tribunal (NCLT), Bengaluru Bench, has sanctioned the Scheme of Amalgamation for two Indian subsidiaries of the global financial technology giant ...

India - National Company Law Tribunal Case Law 21 Sep 2025
SupremeToday Landscape Ad
SupremeToday Portrait Ad

Legal Issues on Supreme Today AI

logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top