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NCLT

Bank NPAs: The new AMC ro...

A bankers’ panel is working on faster resolution of stressed assets in public sector banks. The new concept will, they claim, help resolve the problem of large bad loans.

Delhi High Court allows b...

The Delhi High Court today held that that Banks/Financial Institutions can initiate and continue the proceedings against the guarantor for recovering their dues under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 .

Plea in Supreme Court aga...

A plea has been filed in the Supreme Court challenging section 3 of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 and Section 7 of the IBC and to set out new conditions for real estate allottees to approach the NCLT as being in violation of Article 14 and 21 of the Constitution.

Workmen Dues vis-à-vis In...

The Insolvency and Bankruptcy regime of India has evolved steadily since its beginning in 2016, benefitting from the jurisprudential osmosis. This article attempts to study the providence of the workmen of an insolvent employer within the scheme of Code.

SC gives telcos 10 years ...

The Supreme Court today has given 10 years time for staggered payment of adjusted gross revenue (AGR) related dues by telecom giants including Vodafone Idea, Bharti Airtel and Tata Teleservices.

NCLT permits bankruptcy p...

The National Company Law Tribunal (NCLT) has given permission to pursue bankruptcy proceedings against Anil Ambani. This order has come against him due to the State Bank of India (SBI) not being able to recover loans of Rs 1,200 crore.

AGR case: SC asks DoT to ...

The Supreme Court today asked the Department of Telecommunications to file an affidavit regarding dues to be paid by users of shared spectrum, along with a reply on past dues, dates of grant and transfer of licenses.

AGR case: SC concerned th...

The Supreme Court today expressed its concern regarding payment of AGR dues by telecommunication companies, observing that the AGR dues might be wiped out in the IBC process.

Calcutta HC strikes down ...

The Calcutta High Court has struck down the National Company Law Tribunal (NCLT) order directing all financial creditors to mandatorily file default record from Information Utility along with a plea under Section 7 of Insolvency & Bankruptcy Code.

Supreme Court declines ba...

The Supreme Court today declined to grant bail to Unitech promoters Sanjay Chandra and Ajay Chandra, because they failed to deposit Rs 750 crore as had been directed by a three-judge bench of the court in October 2017.

News Update

Delhi HC seeks response f...

The Delhi High Court on ...

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The Supreme Court has ac...

Allahabad HC adjourns GST...

The Lucknow bench of the...

PIL in Madhya Pradesh Hig...

A Public Interest Litiga...

Delhi court grants bail t...

A Delhi court has recent...
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