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Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.

NCLT Can Recall Resolution Plan Over IrregularitiesFeatured
Supreme Court of Indiacorporateinsolvency

NCLT Can Recall Resolution Plan Over Irregularities

Supreme Court affirms NCLT's power to recall approved resolution plans for material irregularities.

Nov 3, 2026Read more →
Admission in IBC Proceedings Binding in Collateral MattersFeatured
Supreme Court of Indiacorporateinsolvency

Admission in IBC Proceedings Binding in Collateral Matters

Supreme Court rules that an admission order under Section 7 of IBC initiating CIRP is binding and cannot be resiled from in collateral proceedings, affirming finality of tribunal decisions.

Oct 30, 2026Read more →
SC: CoC Cannot Withdraw Approved Resolution Plan Over Improved FinancesFeatured
Supreme Court of Indiacorporateinsolvency

SC: CoC Cannot Withdraw Approved Resolution Plan Over Improved Finances

The Supreme Court ruled that the Committee of Creditors cannot withdraw an approved resolution plan solely due to the corporate debtor’s improved financial position.

Oct 28, 2026Read more →
SC: CoC Cannot Withdraw Approved Resolution Plan Post-Approval on Grounds of Improved FinancesFeatured
Supreme Court of Indiacorporateinsolvency

SC: CoC Cannot Withdraw Approved Resolution Plan Post-Approval on Grounds of Improved Finances

Supreme Court held that the Committee of Creditors cannot withdraw an approved resolution plan merely because the corporate debtor's financial position has improved.

Oct 27, 2026Read more →
SC Allows SRA to Claim Dues Under 'Clean Slate' DoctrineFeatured
Supreme Court of Indiabankinginsolvency

SC Allows SRA to Claim Dues Under 'Clean Slate' Doctrine

The Supreme Court has ruled that a Securitisation Recovery Application (SRA) can proceed on outstanding dues, rejecting 'clean slate' argument where it would cause grave inequity to the creditor.

Oct 24, 2026Read more →
Limitation for Appeal Against NCLAT Order Begins from Date of Order, Not Certified Copy ReceiptFeatured
Supreme Court of Indiainsolvencycivil

Limitation for Appeal Against NCLAT Order Begins from Date of Order, Not Certified Copy Receipt

Supreme Court rules that the limitation period under Section 62 of IBC begins from the date of the NCLAT order, not from the receipt of the certified copy.

Oct 24, 2026Read more →
SC: Limitation for NCLAT Appeal Starts from Order DateFeatured
Supreme Court of Indiacorporateinsolvency

SC: Limitation for NCLAT Appeal Starts from Order Date

Supreme Court rules that the 60-day limitation period for filing an appeal against NCLAT orders under Section 62 of IBC begins from the date of order, not receipt of certified copy.

Oct 18, 2026Read more →
SC Allows Forensic Audit of Fortis in Daiichi-Sankyo DisputeFeatured
Supreme Court of Indiacorporatearbitration

SC Allows Forensic Audit of Fortis in Daiichi-Sankyo Dispute

Supreme Court upholds Delhi HC's order for forensic audit of Fortis Healthcare in Daiichi-Sankyo vs Singh brothers dispute, clarifying observations are prima facie only.

Sep 26, 2026Read more →
NCLAT Upholds Successor RP’s Authority to Convene Creditors MeetingFeatured
NCLATcorporateinsolvency

NCLAT Upholds Successor RP’s Authority to Convene Creditors Meeting

NCLAT has dismissed appeals by a removed resolution professional (RP), affirming that successor RPs have full authority to convene creditors’ meetings under the Insolvency and Bankruptcy Code, 2016, without vested rights existing in the predecessor.

Nov 10, 2026Read more →
Delhi HC Orders Release of ₹3.01 Crore FDR Under IBC Section 32AFeatured
Delhi High Courtinsolvencycorporate

Delhi HC Orders Release of ₹3.01 Crore FDR Under IBC Section 32A

Delhi HC directed release of ₹3.01 crore FDR held by bank, affirming operational creditor protection under IBC Section 32A.

Nov 10, 2026Read more →
Backdated NPA Tag Doesn’t Trigger Sec 29AFeatured
NCLAT Delhicorporateinsolvency

Backdated NPA Tag Doesn’t Trigger Sec 29A

NCLAT Delhi rules that retrospective NPA classification does not activate IBC Section 29A disqualification.

Nov 8, 2026Read more →
Director’s Loan in Balance Sheet = Financial DebtFeatured
NCLAT Chennaicorporateinsolvency

Director’s Loan in Balance Sheet = Financial Debt

NCLAT Chennai rules that a director’s loan reflected in balance sheets qualifies as financial debt under IBC Section 5(8).

Nov 8, 2026Read more →
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