Supreme Court holds that a defective affidavit in a Section 7 IBC application is a curable irregularity, not grounds for rejection, and stresses mandatory notice requirements.
Read Full ArticleSC recalls its May 2 verdict cancelling JSW Steel’s ₹19,300 Cr resolution plan for Bhushan Power; matter to be heard afresh on August 7.
SC orders status quo on Bhushan Power & Steel liquidation, giving JSW Steel time to file review plea over Rs 19,700-crore resolution plan.
NCLT approves Air India-Vistara merger; Vistara to dissolve in 9 months. Integration of networks and fleets begins, aiming to form a leading full-service airline.
The Agarwal family plans to sell Haldiram, valued at Rs. 71,000 crores, with a Blackstone-led consortium bidding. This marks India's largest private equity buyout.
Delhi High Court issues a contempt of court notice to the insolvency resolution professional of the bankrupt Go First airline.
M/s. Betterplace Safety Solutions Pvt. Ltd has moved has moved NCLT, Bengaluru against delivery app, Dunzo over pending dues.
NCLT, Mumbai has sought reply from Sony Pictures Networks (now Culver Max) in an application filed by Zee Entertainment Enterprises.
Indian carrier SpiceJet accused of 'cannibalizing' grounded flight engine by flight engine finance lessor before the Delhi High Court.
GO FIRST, one of India's leading low-cost airlines, has filed for insolvency due to the increasing number of failing engines supplied by Pratt & Whitney. The petition has been listed for urgent hearin...
NCLT Retd. Judge MK Shrawat
Kerala High Court issues notice to CBFC over certification of The Kerala Story 2, questions safeguards under Cinematograph Act; release not stayed.
21 February, 2026 02:50 PM
Senior Advocate Vikas Singh flags criminalisation of politics, black money in elections, and calls for systemic electoral reforms to protect democracy.
21 February, 2026 06:47 PM
US Supreme Court strikes down Trump’s global tariffs, ruling that IEEPA does not authorize the President to impose import duties.
21 February, 2026 02:45 PM
Madras High Court upholds EPF liability on beedi company, holding beedi rollers engaged through intermediaries are employees entitled to PF benefits.
21 February, 2026 04:03 PM
Supreme Court flags pre-election freebies, warns of fiscal strain and harm to work culture while hearing challenge to Electricity Amendment Rules.
21 February, 2026 03:11 PM
Madras High Court bars caste suffixes in temple festival invitations, says caste exists only in minds; directs names be printed without caste tags.
21 February, 2026 03:26 PM
![SC Holds Defective Affidavit In IBC Is Curable, Not Fatal To Petition [Read Judgment]](/secure/uploads/2025/11/lj_6950_SC_Holds_Defective_Affidavit.webp)
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