India -

Gujarat High Court Champions Student Welfare in Urban Planning Dispute

Gujarat High Court Champions Student Welfare, Mandates Reconsideration of Town Planning Scheme Affecting College Playground Ahmedabad, Gujarat– In a significant ruling that underscores the judiciary's role in balancing urban development with community welfare, the Gujarat High Court has direc...

08 Oct 2025

India -

IBC Jurisprudence Roundup: Supreme Court and Tribunals Clarify Key Insolvency Issues

IBC Jurisprudence Roundup: Supreme Court and Tribunals Clarify Key Insolvency Issues NEW DELHI– In a series of significant rulings, India's Supreme Court, High Courts, and specialized tribunals have delivered crucial clarifications on the evolving landscape of the Insolvency and Bankruptcy Co...

06 Oct 2025

India -

Indian Courts Reinforce Procedural Sanctity and 'Clean Slate' Doctrine in Weekly Rulings

Supreme Court and High Courts Emphasize Procedural Fairness, IBC's "Clean Slate" Principle, and Strict Statutory Interpretation in Key Rulings New Delhi– In a significant week for Indian jurisprudence, the Supreme Court and various High Courts delivered a series of rulings reinforcing foundat...

06 Oct 2025

India -

Paliyekkara Toll Stay Extended: Kerala HC Pressures Centre to Revise Rates Amid Road Woes

Paliyekkara Toll Stay Extended: Kerala HC Pressures Centre to Revise Rates Amid Road WoesKOCHI, KERALA– The Kerala High Court has maintained its stay on toll collection at the contentious Paliyekkara toll plaza on National Highway-544, directing the Central Government to decide within three d...

06 Oct 2025

India - National Company Law Tribunal

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

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...

21 Sep 2025

India - National Company Law Tribunal

Sale as a 'Going Concern' in Liquidation Grants 'Clean Slate' Protections Similar to a Resolution Plan: NCLT Kolkata

NCLT Kolkata Affirms 'Clean Slate' for Buyers in Liquidation, Extends Resolution Plan Protections to 'Going Concern' Sales Kolkata, August 12, 2025– In a significant ruling that reinforces the objective of corporate revival under the Insolvency and Bankruptcy Code, 2016 (IBC), the National Co...

21 Aug 2025

India -

NCLT Approves Resolution Plan Under IBC S.30 & S.31: Corporate Debtor Gets Clean Slate, Past Management Liable for Offences (S.32A)

NCLT Approves Jassi Properties' Revival Plan, Emphasizes "Clean Slate" for Company, Holds Past Management Accountable Kolkata, WB– The National Company Law Tribunal (NCLT), Kolkata Bench, comprising Smt.Bidisha Banerjee (Member Judicial) and Cmde Siddharth Mishra (Member Technical), has appro...

25 May 2025

India -

NCLT Orders Rectification of Ankit Metal's Information Memorandum & RP Replacement Citing Gross Asset Non-Disclosure (IBC Sec 60(5), Reg 36)

NCLT Cracks Down on Asset Misrepresentation in Ankit Metal CIRP: Orders IM Rectification, RP Replacement Kolkata, West Bengal – April 09, 2025– The National Company Law Tribunal (NCLT), Kolkata Bench, delivered a significant order today in the ongoing Corporate Insolvency Resolution Process (...

24 May 2025

-

NCLT Upholds CoC's Commercial Wisdom, Orders Liquidation of Sasa Musa Sugar Works as Resolution Plans Fail

Sasa Musa Sugar Works Faces Liquidation as NCLT Defers to Creditors' DecisionKolkata, February 20, 2025– The National Company Law Tribunal (NCLT) Kolkata Bench, presided over by Hon’ble Member (Judicial) Smt.Bidisha Banerjeeand Hon’ble Member (Technical) Shri. Sameer Kakar, has ordered the li...

10 Mar 2025