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![PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]](https://images.taxscan.in/h-upload/2025/12/31/500x300_2116289-pnb-seeks-insolvency-resolution-against-rice-mills-taxscan.jfif "PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]")
PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]
The Allahabad Bench of National Company Law Tribunal (NCLT) moved Punjab National Bank (PNB) to initiate CIRP Proceedings under section 7 against...
![6988 pending IBC Cases, No proposal to increase NCLT Bench: MCA responds [Read Answer]](https://images.taxscan.in/h-upload/2025/07/30/250x150_2070852-ibc-nclt-mca-taxscan.webp "6988 pending IBC Cases, No proposal to increase NCLT Bench: MCA responds [Read Answer]")
![Liquidation of Corporate Debtor can be initiated When Successful Resolution Applicant Fails to Obtain Approvals Within One Year: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/250x150_2054259-liquidation-corporate-debtor-taxscan.webp "Liquidation of Corporate Debtor can be initiated When Successful Resolution Applicant Fails to Obtain Approvals Within One Year: NCLAT [Read Order]")
Liquidation to be last resort for Insolvency Resolution Process of any Residential Project: NCLAT stays Liquidation of Three C Homes
While staying the liquidation of Three C Homes and remanding the matter back to National Company Law Tribunal (NCLT), the National Company Law Appellate Tribunal (NCLAT), Delhi Bench ruled that...
IBBI notifies Regulations for Insolvency Resolution and Bankruptcy Proceedings of Personal Guarantors to Corporate Debtors [Read Notification]
Following the notification by the Central Government on 15th November, relating to proceedings of Personal Debtors to Corporate Debtors, the Insolvency and Bankruptcy Board of India (IBBI) today...
![IBBI notifies Regulations for Insolvency Resolution and Bankruptcy Proceedings of Personal Guarantors to Corporate Debtors [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/01/Insolvency-Code-Corporate-Debtors-Taxscan.jpg "IBBI notifies Regulations for Insolvency Resolution and Bankruptcy Proceedings of Personal Guarantors to Corporate Debtors [Read Notification]")
Insolvency Board notifies Regulations for Fast Track Insolvency Resolution Process for Corporate Persons [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred by sections 58, 196 and 208 read with section 240 of the Insolvency and Bankruptcy Code, 2016 has notified the...
