India - High Court of Bombay

Civil Settlements Cannot Dilute Criminal Prosecution: Bombay High Court Rules in 63 Moons Case

The Limits of Settlement: High Court Clarifies Criminal Liability in NSEL Scam In a significant ruling concerning the fallout of the National Spot Exchange Limited (NSEL) saga, the Bombay High Court has drawn a clear red line between civil settlement mechanisms and c...

09 Mar 2026

India - Supreme Court

Commercial Wisdom of CoC in Approving Resolution Plans Is Non-Justiciable: Supreme Court

Commercial Wisdom Reigns Supreme: The Supreme Court’s Verdict on Insolvency ResolutionIn a landmark ruling that reinforces the core philosophy of the Insolvency and Bankruptcy Code (IBC), the Supreme Court of India has emphatically declared t...

10 Jun 2026

India - High Court of Kerala

Disputes Involving Company Restructuring Fall Under Exclusive NCLT Jurisdiction, Not Arbitration: Kerala High Court

Arbitration Trumps Statutes? Kerala HC Draws a Line on Corporate Disputes In a significant ruling that clarifies the boundary between private dispute resolution and statutory corporate governance, the High Court of Kerala has held that disputes involving the fundamental restruc...

01 Jun 2026

India - High Court of Kerala

Banks May Settle with Homebuyers Outside NCLT Liquidation Proceedings: Kerala High Court Ruling

Banks May Settle with Homebuyers Outside NCLT Liquidation: Kerala High Court Ruling In a significant development for real estate project financing, theHigh Court of Keralahas ruled that a consortium of lenders may enter into settlement agreements with homebuyers outside the scope of ongoing l...

05 Jun 2026

India - National Company Law Tribunal

NCLT Kolkata Bench Approves Capital Reduction for Royal Securities Ltd Under Section 66 of the Companies Act, 2013

Bridging the Accounting Gap: NCLT Clears Path for Royal Securities’ Capital Realignment In a move aimed at enhancing financial transparency, the Kolkata Bench of the National Company Law Tribunal (NCLT) has sanctioned the reduction of the securities premium accou...

24 Apr 2026

India - High Court of Kerala

Kerala High Court Dismisses Writ Petition Due to Procedural Violations and Forum Non Conveniens

Procedural Finality Prevails: Kerala High Court Rejects Multi-Million Dispute Petition In a sharp rebuke regarding the abuse of judicial processes, the High Court of Kerala has dismissed a writ petition filed by Voizzit Technology Pvt. Ltd. seeking a c...

03 Jun 2026

India - National Company Law Appellate Tribunal

E-Filing After Office Hours: NCLAT Rules Legal 'Day' for IBC Appeals Ends at Midnight

E-Filing After Office Hours: NCLAT Rules Legal 'Day' for IBC Appeals Ends at Midnight In a significant relief for insolvency litigants, theNational Company Law Appellate Tribunal(NCLAT) has clarified the procedural nuances of electronic filing under the Insolvency and Bankruptcy Code (IBC). T...

29 May 2026

India - High Court of Delhi

Gujarat High Court Permits One-Time Ex-Gratia Relief for Long-Serving Company Paid Staff: Official Liquidator Report 62 of 2025

Ensuring Fairness: Gujarat High Court Sanctions Welfare Relief for Long-Serving Liquidation Staff In a compassionate interpretation of equitable principles, theHigh Court of Gujarathas granted permission to the Official Liquidator to disburse one-time ex-gratia payments to 12 long-serving "Co...

15 Oct 2025

India - National Company Law Tribunal

NCLT Checks IBC Misuse in Money Laundering Cases

NCLT Checks IBC Misuse in Money Laundering CasesThe insolvency landscape in India is undergoing a transformative reckoning as the National Company Law Tribunal (NCLT) increasingly scrutinizes the strateg...

30 May 2026

India - High Court of Delhi

Delhi HC: No Vicarious Liability under Section 138 NI Act for Dishonoured Cheques Following NCLT Moratorium

Corporate Shield: Delhi HC Rules Directors Immune to Section 138 Prosecution After NCLT Moratorium In a significant ruling that provides clarity on the intersection of the Negotiable Instruments (NI) Act and the Insolvency and Bankruptcy Code (IBC), the Delhi High Court has hel...

16 Dec 2025