NCLT

Recoveries from insolvency cases have inched up to 30.6 per cent in Q1 of the current fiscal from 26 per cent in the year-ago period, while the number of insolvency cases filing/admission rose by 23.5 per cent during this period, says a…

Jet Airways, led by the new management, has for the time being averted liquidation proceedings by agreeing to transfer to banks about ₹130 crore received from the lease-rentals of Air Serbia planes, said people aware of the development.…

The National Company Law Tribunal (NCLT) has urged Analjit Singh and his wife Neelu Analjit Singh to enter into settlement talks to resolve the dispute over the management and affairs of Max Ventures and Investment Holding Private…

The government has decided to scrap sale of Central Electronics Ltd (CEL) to Nandal Finance & Leasing as the selected bidder had failed to disclose its ongoing litigation in the NCLT, an official said. Meanwhile, the government has…

The industry experts have called the demolition of Supertech's twin towers in Noida a lesson for all stakeholders in the real estate industry. According to the experts, this will fix the accountability for violating building laws. The…

When Supertech’s twin towers come down on Sunday – powered by a Supreme Court order, 3,700 kg of explosives and some activist citizens – it will be cold comfort for 25,000 home buyers in Delhi waiting for years for the builder to deliver…

The Supreme Court on Friday held that Insolvency and Bankruptcy Code (IBC) will prevail over the Customs Act, to the extent that once moratorium proceedings begin under the Code, the customs authority does not have the power to initiate…

Supreme Court on Friday assured homebuyers of the Supertech's twin-towers in Noida that they will get the entire refund of the amount deposited with the builder. The apex court, on August 31, 2021, had declared the controversial…

METRO Cash & Carry has been asked to appear before the National Company Law Tribunal (NCLT) in a case slapped by one of its vendors alleging unpaid dues, according to people aware of the matter. The case has been brought by NWCC…

Adani Good Homes Private Limited, whose bid for realtor Radius Estates has been challenged at national company law tribunal (NCLT) by VC Fund, told the court at a hearing on Wednesday that it was willing to change one of the bid…