![NCLAT Allows IDBI Trusteeship to Initiate CIRP as there is Valid Authorization from Assignee of Debt [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2088974-nclat-idbi-trusteeship-cirp-taxscan.webp "NCLAT Allows IDBI Trusteeship to Initiate CIRP as there is Valid Authorization from Assignee of Debt [Read Order]")
NCLAT Allows IDBI Trusteeship to Initiate CIRP as there is Valid Authorization from Assignee of Debt [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has allowed IDBI Trusteeship to initiate Corporate Insolvency Resolution...
![Delhi HC Directs to Transfer Winding-Up Petitions to NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/250x150_2088971-delhi-hc-nclt-taxscan.webp "Delhi HC Directs to Transfer Winding-Up Petitions to NCLT [Read Order]")
![MCA Invites Public Comments on Establishing Multi-Disciplinary Partnership Firms [Read Memorandum]](https://images.taxscan.in/h-upload/2025/09/18/250x150_2088385-mca-public-comments-taxscan.webp "MCA Invites Public Comments on Establishing Multi-Disciplinary Partnership Firms [Read Memorandum]")
![NCLT Allows Liquidation of Phalcom Infra Solutions Pvt Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/09/18/250x150_2088255-phalcomm-infra-solutions-pvt-ltd.webp "NCLT Allows Liquidation of Phalcom Infra Solutions Pvt Ltd [Read Order]")
Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default Due and Payable Beyond IBC Section 4(1) Threshold [Read Order]
In a recent case, the National Company Law Tribunal (NCLT) Mumbai Bench initiated the Corporate Insolvency Resolution Process (CIRP) against the corporate applicant on finding a default due ...
![Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default Due and Payable Beyond IBC Section 4(1) Threshold [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/500x300_2087856-nclt-mumbai-corporate-applicants-cirp-taxscan.webp "Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default Due and Payable Beyond IBC Section 4(1) Threshold [Read Order]")
Corporate Debtor Defaults in Repayment of Financial Debt over Minimum Threshold of Rs. 1 crore u/s 4 of IBC: NCLT admits CIRP Petition [Read Order]
The National Company Law Tribunal (NCLT) Mumbai Bench admitted the petition for Corporate Insolvency Resolution Process (‘CIRP’) on finding that the Corporate Debtor has defaulted in repayment...
![Corporate Debtor Defaults in Repayment of Financial Debt over Minimum Threshold of Rs. 1 crore u/s 4 of IBC: NCLT admits CIRP Petition [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/500x300_2087846-corporate-debtor-repayment-financial-debt-nclt-cirp-petition-taxscan.webp "Corporate Debtor Defaults in Repayment of Financial Debt over Minimum Threshold of Rs. 1 crore u/s 4 of IBC: NCLT admits CIRP Petition [Read Order]")
NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]
The National Company Law Tribunal ( NCLT) Cuttack Bench admitted the application filed by Canara Bank citing the default payment of a debt amount beyond Rs, 1 Crore as evident from the Form-C...
![NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086437-nclt-cirp-canara-bank-default-payment-debt-amount-taxscan.webp "NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]")
NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt within period of limitation [Read Order]
In a recent case, the Cuttack bench of the National Company Law Tribunal(NCLT) admitted the application of IDBI Bank filed under section 7 of the Insolvency and Bankruptcy Code,2016 (IBC) as the ...
![NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt within period of limitation [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086323-nclt-idfc-bank-ibc-corporate-debtor-application-of-idfc-bank-taxscan.webp "NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt within period of limitation [Read Order]")
Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]
The Supreme Court in a recent ruling held that speculative participants driven by profit motives cannot be permitted to misuse Insolvency Bankruptcy Code (IBC), 2016 provisions and directed the...
![Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086184-2085588-supreme-court-income-tax-taxscan.webp "Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]")
Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court allows appeal under IBC, Directs to hand over possession [Read Order]
The Supreme Court in ruling being a relief to the plight of individual homebuyers who invest life savings to secure a home, allowed the appeal under the Insolvency and Bankruptcy Code, 2016(IBC)...
![Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court allows appeal under IBC, Directs to hand over possession [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/500x300_2085955-relief-to-plight-of-individual-homebuyers-secure-home-supreme-court-taxscan.webp "Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court allows appeal under IBC, Directs to hand over possession [Read Order]")
