India - High Court of Delhi

Delhi High Court Quashes Arbitral Award Involving Extinguished Claims Against JSW Ispat Special Products

Delhi High Court Quashes Arbitral Award Involving Extinguished Claims Against JSW Ispat Special ProductsThe High Court of Delhi has decisively quashed an arbitral award dated August 21, 2024, involving JSW Ispat Special Products Limited (now JSW Steel Limited). Justice Jyoti Singh, presiding ...

11 Sep 2025

India - National Company Law Appellate Tribunal

NCLT Mumbai Denies Insolvency Plea Citing Failure To Meet Mandatory One Crore Default Threshold

NCLTMumbai Denies Insolvency Plea Citing Failure To Meet Mandatory One CroreDefaultThresholdTheNational Company Law Tribunal, Mumbai, has dismissed a high-stakesinsolvency petition, sharpening the boundaries regarding the aggregation ofcorporate debts. In a recent ruling by members Nilesh Sha...

30 Jul 2026

India - High Court of Bombay

Interim Moratorium Under IBC Section 96 Halts SARFAESI Sale Completion: Bombay High Court

When the Hammer Falls: Bombay High Court Clarifies the Intersection of SARFAESI and IBC In a significant ruling that provides much-needed clarity on the collision between the SARFAESI Act and the Insolvency and Bankruptcy Code (IBC), the Bombay High...

10 Dec 2025

India - High Court of Bombay

Interplay Between SARFAESI Act and Section 96 IBC: Bombay High Court Rules on Completion of Secured Asset Sale

When Does a Sale Actually Finish? Bombay High Court Clarifies SARFAESI-IBC ConflictIn a significant ruling clarifying the boundaries of debt recovery, the Bombay High Court has addressed the critical intersection between theSARFAESI Actand theInsolvency and Bankruptcy Code (IBC). The bench, c...

10 Dec 2025

India - High Court of Bombay

Borrowers Cannot Force Banks to Disclose OTS Benchmarks or Accept Settlement: Bombay High Court Under SARFAESI/IBC

Commercial Wisdom Rules: No Writ of Mandamus to Force OTS In a significant ruling for banking institutions and credit recovery, the Bombay High Court has affirmed that borrowers cannot demand the disclosure of internal bank "benchmarks" for One Time Settlement (O...

17 Oct 2025

India - Supreme Court

SC Sets Aside NCLT Orders Relying On Fake AI Citations

SC Sets Aside NCLT Orders Relying On Fake AI CitationsIn a landmark ruling that signals a strict shift in the judiciary’s approach to technology, theSupreme Court of Indiahas set aside judgments from theNational Company Law Tribunal(NCLT) and theNational Company Law Appellate Tribunal(NCLAT)....

02 Jul 2026

India - National Company Law Appellate Tribunal

NCLAT Ensures Full Employee Dues in Jet Airways Liquidation

NCLAT Ensures Full Employee Dues in Jet AirwaysLiquidationIn a significant reinforcement of labour rights within the framework ofcorporate insolvency, theNational Company Law Appellate Tribunal (NCLAT)has issued a landmark ruling in the Jet Airwaysliquidationcase. The appellate tribunal has c...

01 Jul 2026

India - National Company Law Tribunal

NCLT Rules 'Just and Equitable' Winding-Up is Last Resort: Dismisses Plea against Hover Automotive India

Winding-Up as a "Last Resort": NCLT Closes Door on Shareholder Dispute at Hover Automotive In a significant ruling for corporate governance under theCompanies Act, 2013, the National Company Law Tribunal (NCLT) in Mumbai has dismissed a winding-up ...

11 Dec 2025

India - High Court of Bombay

IBC Approval No 'Safe Harbour' for Defaulting Slum Developers: Bombay High Court

IBC Shielding? Not for Slum Developers: Bombay High Court Landmark Ruling In a significant judgment determining the intersection of corporate insolvency and public welfare law, the Bombay High Court has ruled that a developer undergoing insolvency resolution cann...

25 May 2025

India - High Court of Delhi

Unilateral Appointment of Arbitrator by Interested Party Declared Invalid: Delhi High Court

Striking Down Unilateral Power: Delhi High Court Curbs Arbitrator Biases In a significant reinforcement of the principles of impartiality and party autonomy, the High Court of Delhi has declared that the unilateral appointment of a sole arbitrator by a party with a vested interest in the outc...

16 May 2025