![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 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 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/2025/09/16/250x150_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]")
![Relief for UBI: NCLT Declares Former DHFL Chairman Bankrupt Over Rs. 4,546 Crore DHFL Debt [Read Order]](https://images.taxscan.in/h-upload/2025/08/28/250x150_2081311-2059368-union-bank-india-taxscan.webp "Relief for UBI: NCLT Declares Former DHFL Chairman Bankrupt Over Rs. 4,546 Crore DHFL Debt [Read Order]")
![Vague Allegations of Defective Goods Not a Pre-Existing Dispute: NCLT Accepts Insolvency Petition and CIRP Initiated [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/250x150_2080152-vague-allegations-defective-goods-pre-existing-dispute-nclt-insolvency-petition-cirp-initiated-taxscan.webp "Vague Allegations of Defective Goods Not a Pre-Existing Dispute: NCLT Accepts Insolvency Petition and CIRP Initiated [Read Order]")
No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench has held that it is not the appropriate forum to adjudicate matters related to copyright violations related to ‘Kaithi’ movie and contract...
![No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078928-nclt-kaithi-copyright-case-dream-warrior-pictures-taxscan.webp "No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]")
![Electricity Connection cannot be Refused only on account of Past Dues: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078353-nclt-mumbai-electricity-connection-taxscan.webp "Electricity Connection cannot be Refused only on account of Past Dues: NCLT [Read Order]")
Adjudicating Authority’s Role Limited to Section 30(2) Compliance Check after CoC Approval with Required Majority: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) approved a resolution plan for Steadfast Shipping Private Limited under Section 31 of the Insolvency and Bankruptcy Code, 2016, after...
![Adjudicating Authority’s Role Limited to Section 30(2) Compliance Check after CoC Approval with Required Majority: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076278-section-302-coc-nclt-taxscan.webp "Adjudicating Authority’s Role Limited to Section 30(2) Compliance Check after CoC Approval with Required Majority: NCLT [Read Order]")
Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) admitted a Section 10 application filed by NAC Advertising India Private Limited and initiated the Corporate Insolvency Resolution...
![Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/500x300_2075493-insolvency.webp "Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]")
Geetanjali Sugar Consortium Wins Bid: NCLT Approves Rs. 185 Crore Revival Plan for Lokshakti Sugar [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved a Rs. 185 crore resolution plan submitted by Geetanjali Sugar Private Limited in consortium with M/s G V Alurkar for the revival...
![Geetanjali Sugar Consortium Wins Bid: NCLT Approves Rs. 185 Crore Revival Plan for Lokshakti Sugar [Read Order]](https://images.taxscan.in/h-upload/2025/08/07/500x300_2074093-sugar-nclt-taxscan.webp "Geetanjali Sugar Consortium Wins Bid: NCLT Approves Rs. 185 Crore Revival Plan for Lokshakti Sugar [Read Order]")
NCLT Admits Insolvency Plea Over ₹98 Crore Debt Arising from Inter-Corporate Loan Default [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) has admitted a Section 7 insolvency application filed by DSM Projects Private Limited against A.N. Enterprises Infrastructure Services...
![NCLT Admits Insolvency Plea Over ₹98 Crore Debt Arising from Inter-Corporate Loan Default [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/500x300_2072255-nclt-insolvency-debt-inter-corporate-loan-taxscan.webp "NCLT Admits Insolvency Plea Over ₹98 Crore Debt Arising from Inter-Corporate Loan Default [Read Order]")
![Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071982-section-14-of-ibc-act-ibc-ibc-does-not-bar-classification-bar-classification-taxscan.webp "Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]")