India - National Company Law Appellate Tribunal

NCLAT Sets Aside NCLT's Insertion of 5% Public Equity Clause in Approved Resolution Plan

NCLAT Overturns NCLT's Unauthorized Addition of Public Equity Clause in MSME Resolution Plan Introduction In a significant ruling for insolvency proceedings under the Insolvency and Bankruptcy Code (IBC), 2016, the National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi h...

06 Jan 2026

India - National Company Law Tribunal

NCLT Upholds IL&FS's Unilateral Right to Hike Property Price in Concluded Contract, Citing Specific LoI Clauses for Value Maximization

NCLT Rules IL&FS Can Unilaterally Hike Price in BKC Tower Deal, Citing Contractual Supremacy Mumbai, November 28, 2025– In a significant ruling on the sanctity of contracts within corporate resolution frameworks, the National Company Law Tribunal (NCLT), Mumbai Bench, has held that Infrastruc...

02 Dec 2025

India - High Court of Bombay

NCLT Mumbai Dispenses with Shareholder Meetings in Mirae Asset Merger, Citing Unanimous Consent Under Sec 230-232 of Companies Act

NCLT Gives Initial Nod to Mirae Asset NBFC Merger, Waives Shareholder Meetings Mumbai, India– The National Company Law Tribunal (NCLT), Mumbai Bench, has granted the first motion approval for the merger of Mirae Asset Sharekhan Financial Services Limited into Mirae Asset Financial Services (I...

24 Nov 2025

India - High Court of Delhi

Indian Courts Reinforce IP and Insolvency Frameworks in Key Rulings

Indian Courts Bolster IP and Insolvency Regimes in Rulings on Trademark Protection and Corporate Rescue In two significant but separate orders, Indian judicial bodies have delivered decisive rulings that reinforce the legal frameworks governing intellectual property rights and corporate insol...

19 Nov 2025

India - High Court of Kerala

Kerala Consumer Court Rules Against Insurer for Misapplying Sub-Limit, Cites 'Contra Proferentem' Principle

Kerala Consumer Court Rules Against Insurer for Misapplying Sub-Limit, Cites 'Contra Proferentem' Principle ERNAKULAM, KERALA– In a significant ruling that reinforces the role of insurance as a protective "safety net," the District Consumer Disputes Redressal Commission in Ernakulam has held ...

10 Nov 2025

India - National Company Law Tribunal

NCLT Admits S.7 IBC Plea: Company's Financials Declaring Loan 'Repayable on Demand' Override Shareholder Agreement

NCLT Initiates Insolvency Against Construction Firm, Citing Loan 'Repayable on Demand' in Financials Mumbai:The National Company Law Tribunal (NCLT), Mumbai Bench, comprising Sh. Prabhat Kumar (Member, Technical) and Sh. Sushil Mahadeorao Kochey (Member, Judicial), has admitted a plea to init...

06 Nov 2025

India -

NCLT Reinforces IBC Moratorium, Orders BSE to Unfreeze Future Group Firm's Account

Mumbai, India– In a significant ruling that reinforces the overriding effect of the Insolvency and Bankruptcy Code (IBC), 2016, the Mumbai Bench of the National Company Law Tribunal (NCLT) has directed the Bombay Stock Exchange (BSE) and Central Depository Services (India) Ltd. (CDSL) to imme...

03 Nov 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