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Parliamentary panel proposes mandatory NCLT insolvency benches, expands NFRA powers

A parliamentary committee proposes key changes to the Corporate Laws (Amendment) Bill 2026, including mandatory insolvency benches at NCLT, enhanced…

Updated: August 4, 2026 05:13 IST

Unified digital platform for insolvency on the anvil

To connect stakeholders including MCA, regulator, adjudicating bodies, IPs.

Updated: July 22, 2026 06:31 IST

NCLT posts best-ever first-quarter performance in insolvency resolutions despite member crunch

The NCLT approved a record 78 corporate insolvency resolution plans in Q1 FY27, valuing Rs 5,517.7 crore, despite member shortages…

July 14, 2026 18:33 IST

NCLT brings legal clarity as Bhutani maps entertainment city revival

Group proposes large-scale redevelopment while calling for stakeholder cooperation.

July 6, 2026 21:24 IST

NCLT Reserves Order on Sapphire Land Liquidation Plea Over Missing Form G Step

NCLT reserves order in Sapphire Land liquidation plea despite missing insolvency step

The NCLT has reserved its order on liquidating Sapphire Land Development, sparking a debate on whether a company can be…

July 2, 2026 19:14 IST

IBC Amendment Act 2026: Government Ends NCLT Discretion to Fast-Track Insolvency Admissions

NCLT loses power to delay insolvency, move aims to speed up bankruptcy process

The IBC Amendment Act 2026 strips the NCLT of discretionary powers to delay financial creditor petitions, effectively overturning the Supreme…

June 21, 2026 19:37 IST

NCLT Dismisses Insolvency Plea Against Noida Metro, Citing Pre-Existing Operational Dispute

NCLT dismisses insolvency plea against Noida Metro citing contractual dispute

The NCLT has rejected Empire Transport Services’ insolvency petition against Noida Metro Rail Corporation (NMRC). Citing the Supreme Court’s Mobilox…

June 12, 2026 23:57 IST

NCLT Allows New Petitioner in India’s First Class Action Suit Against Jindal Poly Films as Shareholder Exit Triggers Dispute

NCLT okays replacing minority shareholder in Jindal Poly case

While the company questions the standing of intervenors after 27 shareholders exited their stakes, minority groups allege systematic attempts to…

Updated: May 11, 2026 21:44 IST

India’s First Class Action Against Jindal Poly Films Moves to NCLT Principal Bench Amid ₹2,500-Crore Fraud Probe

NCLT to hear class action suit against Jindal Poly on May 7

SEBI got company’s response to intervention application

April 30, 2026 20:57 IST

NCLAT declined to stay Adani Enterprises’ Rs 14,535 crore acquisition of Jaiprakash Associates, while agreeing to hear Vedanta’s challenge on April 10.

Setback for Vedanta: NCLT refuses interim stay on Adani Enterprises’ JAL acquisition

NCLAT refused to stay Adani’s JAL acquisition, allowing the resolution plan to proceed while hearing Vedanta’s challenge against the insolvency…

March 24, 2026 20:08 IST

NCLT approves Adani’s bid for JAL

The NCLT has approved Adani Enterprises’ Rs 14,535 crore resolution plan for Jaiprakash Associates, marking a major step in one…

March 18, 2026 00:29 IST

Cabinet clears IBC tweaks, quicker resolution likely

Group and cross-border insolvency among key proposals.

Updated: March 11, 2026 16:04 IST

Flipkart lays off 250-300 employees

“Flipkart conducts regular performance reviews aligned with clearly defined expectations. As part of this process, a small percentage of employees…

Updated: March 7, 2026 06:01 IST

NCLT Admits ₹2,700-Crore Minority Suit Against Jindal Poly Films

NCLT admits minority shareholders’ class action lawsuit against Jindal Poly Films

The NCLT New Delhi bench has admitted a historic class action suit under Section 245 of the Companies Act against…

February 6, 2026 00:18 IST

Economic Survey flags urgent need for capacity expansion in IBC framework

At current disposal rates, clearing backlog could take close to a decade.

Updated: January 30, 2026 14:06 IST

IBC is not a recovery tool, its goal is to turn companies productive: IBBI chairperson Ravi Mital

IBC cannot be held responsible for deterioration (in asset value) for a period when it was not even involved,” he…

January 28, 2026 23:34 IST

NCLT has approved the merger of eight Flipkart entities

Flipkart gets NCLT approval for merger of eight entities; moves a step closer to India domicile and IPO

NCLT approval for merging eight overseas entities into Flipkart’s Indian unit streamlines structure and brings the Walmart-owned firm closer to…

December 17, 2025 19:45 IST

NCLT clears Vedanta’s demerger plan

The clearance comes despite objections raised by the ministry of petroleum and natural gas, which had opposed the demerger citing…

December 16, 2025 20:48 IST

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