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NCLT

SC Holds Defective Affidavit In IBC Is Curable, Not Fatal To Petition [Read Judgment]
Judiciary
SC Holds Defective Affidavit In IBC Is Curable, Not Fatal To Petition [Read Judgment]

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 Article

SC recalls May 2 judgment scrapping JSW Steel's resolution plan for Bhushan Power and Steel Ltd Business
SC recalls May 2 judgment scrapping JSW Steel's resolution plan for Bhushan Power and Steel Ltd

SC 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 liquidation of Bhushan Power & Steel Ltd [Read Order] Judiciary
SC orders status quo on liquidation of Bhushan Power & Steel Ltd [Read Order]

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 Within Nine Months Judiciary
NCLT Approves Air India-Vistara Merger, Vistara to Dissolve Within Nine Months

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.

Agarwal Family Plans to Sell Haldiram for Rs. 71,000 Crores as Next Generation Steps Back Business
Agarwal Family Plans to Sell Haldiram for Rs. 71,000 Crores as Next Generation Steps Back

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 HC issues contempt notice to bankrupt Go First airline's resolution professional

Delhi High Court issues a contempt of court notice to the insolvency resolution professional of the bankrupt Go First airline.

Betterplace Safety Solutions files plea seeking insolvency against Dunzo before NCLT Bengaluru [Read Order]

M/s. Betterplace Safety Solutions Pvt. Ltd has moved has moved NCLT, Bengaluru against delivery app, Dunzo over pending dues.

NCLT Mumbai agrees to hear Zee's plea seeking implementation of Sony merger

NCLT, Mumbai has sought reply from Sony Pictures Networks (now Culver Max) in an application filed by Zee Entertainment Enterprises.

Amidst woes of mounting debt claims, SpiceJet accused of 'cannibalizing' grounded flight engine

Indian carrier SpiceJet accused of 'cannibalizing' grounded flight engine by flight engine finance lessor before the Delhi High Court.

GO FIRST Airlines Forced to File for Insolvency Due to Engine Supplier's Negligence! Urgent Hearing Tomorrow at NCLT

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 on Forced Conversion || Exclusive Interview

NCLT Retd. Judge MK Shrawat

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