![₹5.86 Crore Default Triggers CIRP Over Unpaid Operational Dues: NCLT Admits Insolvency Plea [Read Order]](https://images.taxscan.in/h-upload/2026/03/18/2129585-586-crore-default-triggers-cirp-over-unpaid-operational-dues-nclt-admits-insolvency-plea-site-imagejpg.webp "₹5.86 Crore Default Triggers CIRP Over Unpaid Operational Dues: NCLT Admits Insolvency Plea [Read Order]")
₹5.86 Crore Default Triggers CIRP Over Unpaid Operational Dues: NCLT Admits Insolvency Plea [Read Order]
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has admitted an insolvency petition, initiating the Corporate Insolvency Resolution...
![NCLT Admits PNB’s Insolvency Plea Over ₹74 Crore Corporate Guarantee Default, Holds Petition Within Limitation [Read Order]](https://images.taxscan.in/h-upload/2026/03/18/2129569-nclt-admits-pnbs-insolvency-plea-over-corporate-guarantee-default-taxscan.webp "NCLT Admits PNB’s Insolvency Plea Over ₹74 Crore Corporate Guarantee Default, Holds Petition Within Limitation [Read Order]")
![Irregularities in Amalgamation Must be Challenged through Appellate Mechanism under IBC: Madras HC Dismisses Writ Petition [Read Order]](https://images.taxscan.in/h-upload/2026/03/12/2128994-irregularities-in-amalgamation-must-be-challenged-through-appellate-mechanism-under-ibcjpg.webp "Irregularities in Amalgamation Must be Challenged through Appellate Mechanism under IBC: Madras HC Dismisses Writ Petition [Read Order]")
NCLT Initiates Voluntary CIRP Against IMFL Manufacturer a After Establishing ₹1.80 Crore Financial Default [Read Order]
The National Company Law Tribunal, Chandigarh Bench has accepted the voluntary insolvency petition under Section 10 of the Insolvency and Bankruptcy Code, 2016 (IBC), filed by an Indian Made...
![NCLT Initiates Voluntary CIRP Against IMFL Manufacturer a After Establishing ₹1.80 Crore Financial Default [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128484-nclt-2jpg.webp "NCLT Initiates Voluntary CIRP Against IMFL Manufacturer a After Establishing ₹1.80 Crore Financial Default [Read Order]")
NCLT Rejects Shikhar Dhawan’s Insolvency Plea, Citing Contractual Ambiguities in Legends League Cricket Payment Dispute [Read Order]
In a recent ruling The National Company Law Tribunal (NCLT), New Delhi, has refused to admit an insolvency petition filed against the operator of Legends League Cricket and held that the alleged...
![NCLT Rejects Shikhar Dhawan’s Insolvency Plea, Citing Contractual Ambiguities in Legends League Cricket Payment Dispute [Read Order]](https://images.taxscan.in/h-upload/2026/03/08/2128389-nclt-shikhar-dhawan-insolvency-plea-contractual-ambiguities-league-cricket-taxscan.webp "NCLT Rejects Shikhar Dhawan’s Insolvency Plea, Citing Contractual Ambiguities in Legends League Cricket Payment Dispute [Read Order]")
NCLAT Examines Scope of CIRP in IL&FS Default, Considers Project-Wise Resolution for Real Estate Projects [Read Order]
The National Company Law Appellate Tribunal(NCLAT) has looked at the ambit and procedure for conducting the CorporateInsolvency Resolution Process (CIRP) in the context of the Corporate Insolvency ...
![NCLAT Examines Scope of CIRP in IL&FS Default, Considers Project-Wise Resolution for Real Estate Projects [Read Order]](https://images.taxscan.in/h-upload/2026/03/07/2128221-real-estatejpg.webp "NCLAT Examines Scope of CIRP in IL&FS Default, Considers Project-Wise Resolution for Real Estate Projects [Read Order]")
NCLT Upholds CIRP Over ₹34.6 Crore Default Against IREDA Borrower; Observes No Pre-Existing Dispute Against Financial Creditor [Read Order]
The National Company Law Tribunal (NCLT) has upheld the initiation of Corporate Insolvency Resolution Process (CIRP) against a borrower of Indian Renewable Energy Development Agency Limited (IREDA)...
![NCLT Upholds CIRP Over ₹34.6 Crore Default Against IREDA Borrower; Observes No Pre-Existing Dispute Against Financial Creditor [Read Order]](https://images.taxscan.in/h-upload/2026/03/07/2128226-nclt-cirp-against-ireda-borrower-observes-existing-dispute-against-financial-creditor-.webp "NCLT Upholds CIRP Over ₹34.6 Crore Default Against IREDA Borrower; Observes No Pre-Existing Dispute Against Financial Creditor [Read Order]")
NCLT Initiates Voluntary CIRP Against Alcob India Private Limited, Upon ₹65.44 Crore Default Established [Read Order]
The Mumbai Bench of National Company Law Tribunal (NCLT) has allowed the petitions filed under Section 10 of the Insolvency and Bankruptcy Code, 2016 which initiated the Corporate Insolvency...
![NCLT Initiates Voluntary CIRP Against Alcob India Private Limited, Upon ₹65.44 Crore Default Established [Read Order]](https://images.taxscan.in/h-upload/2026/03/07/2128219-insolvencyjpg.webp "NCLT Initiates Voluntary CIRP Against Alcob India Private Limited, Upon ₹65.44 Crore Default Established [Read Order]")
Successive Acknowledgments Extend Limitation: NCLT allows ₹63.85 Crore CIRP Application, Holds Section 10A Inapplicable [Read Order]
The National Company Law Tribunal, Chandigarh Bench has admitted the application for insolvency under Section 7 of the IBC filed by the financial creditor Canara Bank against the corporate debtor as...
![Successive Acknowledgments Extend Limitation: NCLT allows ₹63.85 Crore CIRP Application, Holds Section 10A Inapplicable [Read Order]](https://images.taxscan.in/h-upload/2026/03/07/2128215-nclt-upholds-cirp-default-against-ireda-borrower-observes-existing-dispute-against-financial-creditor-.webp "Successive Acknowledgments Extend Limitation: NCLT allows ₹63.85 Crore CIRP Application, Holds Section 10A Inapplicable [Read Order]")
Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]
The Central Board ofDirect Taxes (CBDT) has notified important changes to the Income Tax Rules, 1962, through the Income Tax (First Amendment) Rules, 2026. Effective January 1, 2026, the amendment...
![Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]](https://images.taxscan.in/h-upload/2026/03/06/2128085-cryptojpg.webp "Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]")