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

Practising Chartered Accountants Eligible To Submit Resolution Plans Under IBC: NCLAT Delhi

Practising Chartered Accountants Eligible To Submit Resolution Plans Under IBC: NCLAT Delhi

#IBC #ResolutionPlan #CharteredAccountant

Practising Chartered Accountants Eligible To Submit Resolution Plans Under IBC: NCLAT DelhiTheNational Company Law Appellate Tribunal (NCLAT), Delhi, has settled a significant question under theInsolvency and Bankruptcy Code (IBC), holding that a practising Chartered Accountant cannot be trea...

India - National Company Law Appellate Tribunal Section 29A IBC – Eligibility of Resolution Applicant 08 Sep 2026
Powerdeal Energy: Lease Expiry After Plan Approval Not IBC Issue, NCLT Mumbai Rules

Powerdeal Energy: Lease Expiry After Plan Approval Not IBC Issue, NCLT Mumbai Rules

#IBC #NCLT

Powerdeal Energy: Lease Expiry After Plan Approval Not IBC Issue, NCLT Mumbai RulesIn a significant ruling that clarifies the jurisdictional limits of the insolvency tribunal post-resolution, theNational Company Law Tribunal (NCLT) Mumbai Bench has held that a dispute over handing over posses...

India - National Company Law Tribunal Section 60(5) of the Insolvency and Bankruptcy Code, 2016 08 Sep 2026
Insurance Company Bound To Pay Bank For Dacoity Loss After Accepting Premium Despite Known Lapses

Insurance Company Bound To Pay Bank For Dacoity Loss After Accepting Premium Despite Known Lapses

#PromissoryEstoppel #InsuranceClaim

Insurance Company Bound To Pay Bank ForDacoityLoss After Accepting Premium Despite Known LapsesIn a significant ruling that underscores the binding nature of insurance contracts, theRajasthan High Courthas held that an insurance company cannot repudiate a claim fordacoityloss after accepting ...

India - High Court of Rajasthan Promissory Estoppel 08 Sep 2026
NCLT Chennai Admits Insolvency Plea Filed By Wootu Nutrition Against Itself Under Section 10

NCLT Chennai Admits Insolvency Plea Filed By Wootu Nutrition Against Itself Under Section 10

#Section10 #IBC2016

NCLT Chennai Admits Insolvency Plea Filed By Wootu Nutrition Against Itself Under Section 10The National Company Law Tribunal (NCLT) at Chennai has admitted a voluntary insolvency petition filed byWootu Nutrition Private Limited, a chain of diet and nutrition clinics...

India - National Company Law Tribunal Section 10 of the Insolvency and Bankruptcy Code, 2016 07 Sep 2026
NCLAT: Company Cannot Complain of Inadequate Service If Registered Office Non-Functional for Years

NCLAT: Company Cannot Complain of Inadequate Service If Registered Office Non-Functional for Years

#InsolvencyAndBankruptcyCode #NCLAT

NCLAT: Company Cannot Complain of Inadequate Service If Registered Office Non-Functional for YearsThe National Company Law Appellate Tribunal (NCLAT) at Delhi has dismissed an appeal by the suspended director of AS Infracon Pvt. Ltd., ruling that a company cannot claim

India - National Company Law Tribunal Section 7 IBC, Limitation Act 07 Sep 2026
Supreme Court: RBI Can Supersede Multi-State Co-op Bank Board Beyond Six-Month Limit

Supreme Court: RBI Can Supersede Multi-State Co-op Bank Board Beyond Six-Month Limit

#BankingRegulationAct #SupremeCourt

Supreme Court: RBI Can Supersede Multi-State Co-op Bank Board Beyond Six-Month LimitTheSupreme Court of Indiahas affirmed theReserve Bank of India's (RBI) authority to supersede the board of a multi-state co-operative bank for a period extending beyond the six-month ceiling prescribed underAr...

India - Supreme Court Article 243ZL and Section 36AAA Banking Regulation Act 05 Sep 2026
High Court of J&K and Ladakh Quashes J&K Bank Employee's Dismissal for Lack of Proper Investigation

High Court of J&K and Ladakh Quashes J&K Bank Employee's Dismissal for Lack of Proper Investigation

#JammuAndKashmirBank #Clause1229

High Court of J&K and Ladakh Quashes J&K Bank Employee's Dismissal for Lack of Proper InvestigationIn a significant ruling that underscores theprocedural safeguardsfor bank employees, theHigh Court of Jammu & Kashmir and Ladakhquashed thesummary dismissalof a Deputy General Manager of theJamm...

India - High Court of Jammu and Kashmir Clause 12.29 of Officers Service Manual, Article 311(2)(c) of Constitution of India 05 Sep 2026
NCLAT Upholds Dismissal of Panshul Agro Food Insolvency Plea, Reduces Penalty to Rs 5 Lakh

NCLAT Upholds Dismissal of Panshul Agro Food Insolvency Plea, Reduces Penalty to Rs 5 Lakh

#IBC #NCLAT

NCLAT Upholds Dismissal of Panshul Agro Food Insolvency Plea, Reduces Penalty to Rs 5 LakhTheNational Company Law Appellate Tribunal (NCLAT)onAugust 25upheld the dismissal of Panshul Agro Food LLP's insolvency application underSection 10 of theInsolvency and Bankruptcy Code (IBC), while reduc...

India - National Company Law Appellate Tribunal Section 10 IBC - Corporate Insolvency Resolution Process 05 Sep 2026
NCLAT Sets Aside Insolvency Admission Against Raja Udyog as Debt Falls Below ₹1 Crore

NCLAT Sets Aside Insolvency Admission Against Raja Udyog as Debt Falls Below ₹1 Crore

#IBC #DebtThreshold

NCLAT Sets Aside Insolvency Admission Against Raja Udyog as Debt Falls Below ₹1 CroreIn a significant ruling underscoring the importance of the statutory debt threshold under the Insolvency and Bankruptcy Code (IBC), the

India - National Company Law Appellate Tribunal Section 7 of the Insolvency and Bankruptcy Code, 2016 05 Sep 2026
Supreme Court: Penalties imposed on insolvent developer cannot be recovered from homebuyers as CIRP costs

Supreme Court: Penalties imposed on insolvent developer cannot be recovered from homebuyers as CIRP costs

#SupremeCourt #IBC #HomebuyersRights

Supreme Court: Penalties imposed on insolvent developer cannot be recovered from homebuyers as CIRP costsIn a landmark ruling that brings clarity to the interplay between theInsolvency and Bankruptcy Code (IBC)and the rights of homebuyers, theSupreme Court of Indiahas held that penalties impo...

India - Supreme Court Recovery of penalties as CIRP costs under IBC 05 Sep 2026
SupremeToday Landscape Ad
SupremeToday Portrait Ad

Legal Issues on Supreme Today AI

back ground Icon
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 Back to top