NCLT Delhicorporateinsolvency
Voluntary Liquidation Completes, Company Dissolved
NCLT dissolves Teil Projects after successful voluntary liquidation and creditor payments.
Oct 30, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
NCLAT Delhiinsolvencyprocedural
NCLAT Rejects Recall Based on Unproved Affidavit Fraud
NCLAT dismisses recall pleas disguised as fraud challenges, imposes ₹7 lakh in costs.
Oct 30, 2026Read more →
NCLAT Delhiinsolvencybanking
Financial BG Encashment Allowed During IBC Moratorium
NCLAT permits encashment of unconditional financial bank guarantees during IBC moratorium.
Oct 30, 2026Read more →
NCLAT Delhiinsolvencybanking
NCLAT Upholds Reversal of Post-Moratorium FD Adjustment
NCLAT rules Bank of Baroda's appropriation of FD funds after IBC moratorium began must be reversed.
Oct 30, 2026Read more →
Bombay High Courtreal_estateinsolvency
Former Developer’s NOC Not Needed for Redevelopment: Bombay HC
Bombay HC rules that redevelopment of stalled housing projects can proceed without NOC from a former developer under liquidation.
Oct 29, 2026Read more →
NCLT Mumbaiinsolvencycorporate
RP Can’t Automatically Become Liquidator: NCLT Mumbai
NCLT rejects appointment of resolution professional as liquidator under amended Section 34, citing conflict of interest.
Oct 29, 2026Read more →
NCLT Mumbaiinsolvencybanking
Personal Guarantor Can Seek Insolvency: NCLT Mumbai
NCLT Mumbai admits a personal guarantor’s IBC Section 94 petition over ₹1.65 crore default, triggering moratorium under Section 101.
Oct 29, 2026Read more →
Supreme Court of Indiapropertycivil
Property Tax Receipts Don’t Prove Ownership: Supreme Court
SC rules property tax receipts alone cannot establish title; execution courts must adjudicate third-party claims under Order XXI CPC.
Oct 29, 2026Read more →
NCLAT Delhicorporatebanking
LC Margin Money Not Asset of Corporate Debtor: NCLAT Delhi
NCLAT holds that letter of credit margin money is not part of a corporate debtor’s estate during CIRP and may be appropriated by banks.
Oct 29, 2026Read more →
National Company Law Tribunalcorporateinsolvency
NCLT Dismisses SBI’s ₹430.12 Cr Insolvency Plea for Delay
The National Company Law Tribunal dismissed State Bank of India’s ₹430.12 crore personal insolvency application under Section 95 of the Insolvency and Bankruptcy Code, holding it was barred by limitation. The bank failed to justify the delay or establish grounds for condonation of delay.
Oct 29, 2026Read more →
National Company Law Appellate Tribunalcorporateinsolvency
NCLAT Upholds Rejection of ₹7 Cr Resolution Plan Over Default Cause
NCLAT affirmed the rejection of a ₹7 crore resolution plan for failing to remedy the cause of default and breaching mandatory IBC requirements.
Oct 28, 2026Read more →
National Company Law Appellate Tribunalcorporateinsolvency
NCLAT Dismisses Recall Petitions, Imposes ₹5 Lakh Costs for Abuse
NCLAT dismissed recall applications seeking review of impleadment rejection, citing absence of fraud and imposing ₹5 lakh exemplary costs for litigation abuse.
Oct 28, 2026Read more →