![NCLT Sanctions Over Rs. 12.80 Crore Payout in Sterling Healthcare Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/500x300_2108023-nclt-healthcare-resolution-plan-taxscan.webp "NCLT Sanctions Over Rs. 12.80 Crore Payout in Sterling Healthcare Resolution Plan [Read Order]")
NCLT Sanctions Over Rs. 12.80 Crore Payout in Sterling Healthcare Resolution Plan [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved a resolution plan for Sterling Healthcare Limited, sanctioning a total payout...
![NCLAT sets aside Insolvency Proceedings against Mahagun, Remands Matter to NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/250x150_2107117-nclat-insolvency-proceedings-mahagun-nclt-taxscan.webp "NCLAT sets aside Insolvency Proceedings against Mahagun, Remands Matter to NCLT [Read Order]")
![Technical Objections like Insufficient Stamp Duty Cannot Defeat Insolvency Proceedings When Debt and Default Proven: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/250x150_2105954-nclat-new-delhi-technical-objections-stamp-duty-insolvency-proceedings-taxscan.webp "Technical Objections like Insufficient Stamp Duty Cannot Defeat Insolvency Proceedings When Debt and Default Proven: NCLAT [Read Order]")
![NCLT Approves Resolution Plan for Dunnimaa Engineers Submitted by Amphitrite Subsea [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102539-nclt-resolution-plan-dunnimaa-engineers-amphitrite-subsea-taxscan.webp "NCLT Approves Resolution Plan for Dunnimaa Engineers Submitted by Amphitrite Subsea [Read Order]")
![Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBIs Application and Initiates CIRP Against Giga Pipe Systems [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102556-financial-debt-nclt-sbi-cirp-giga-pipe-systems.webp "Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBIs Application and Initiates CIRP Against Giga Pipe Systems [Read Order]")
Supreme Court Backs Byju's, rejects US Lender Glas Trust's Plea against NCLT’s Order on Aakash’s Equity Rights Issue
In a recent ruling, the Supreme Court of India has dismissed appeals filed by US-based lender GLAS Trust Company LLC and the Insolvency Resolution Professional of Byju's, upholding an NCLAT order...
NCLT Admits IDBI Bank's Petition, initiates CIRP against Wind World Infrastructure for Default of over ₹55 Crore [Read Order]
The National Company Law Tribunal (NCLT), held that the petition filed by IDBI Bank was within the period of limitation, as the Corporate Debtor had acknowledged the debt in its audited balance...
![NCLT Admits IDBI Banks Petition, initiates CIRP against Wind World Infrastructure for Default of over ₹55 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102496-nclt-idbi-bank-cirp-world-infrastructure-nclt-admits-idbi-banks-petition-taxscan.webp "NCLT Admits IDBI Banks Petition, initiates CIRP against Wind World Infrastructure for Default of over ₹55 Crore [Read Order]")
Forged Bank Guarantee Scuttles Rescue Plan: NCLT Orders Liquidation of Unitech Transformers [Read Order]
In a recent ruling, the National Company Law Tribunal ( NCLT ), Mumbai Court-II, allowed an application under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, ordering the liquidation of...
![Forged Bank Guarantee Scuttles Rescue Plan: NCLT Orders Liquidation of Unitech Transformers [Read Order]](https://images.taxscan.in/h-upload/2025/10/31/500x300_2101216-forged-bank-guarantee-scuttles-rescue-plan-nclt-orders-liquidation-unitech-transformers-txn.webp "Forged Bank Guarantee Scuttles Rescue Plan: NCLT Orders Liquidation of Unitech Transformers [Read Order]")
![NCLT Admits CIRP against Garima Real Estate for Defaulting on Rs. 1.15 Crore Debt to Investors [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/500x300_2100441-nclt-cirp-garima-real-estate-taxscan.webp "NCLT Admits CIRP against Garima Real Estate for Defaulting on Rs. 1.15 Crore Debt to Investors [Read Order]")
![NCLAT dismisses Wadhawans Appeal, Upholds Insolvency Proceedings against PPIL [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/500x300_2100437-nclat-dismisses-wadhawan-appeal-upholds-insolvency-proceedings-ppil-taxscan.webp "NCLAT dismisses Wadhawans Appeal, Upholds Insolvency Proceedings against PPIL [Read Order]")
Consumer Proceedings Not Maintainable after IBC Moratorium Imposition: Bombay HC quashes Consumer Forum Order against SREI Equipment [Read Order]
The Bombay High Court has quashed an order passed by the District Consumer Dispute Redressal Commission, Akola, and subsequent recovery proceedings against Srei Equipment Finance Limited, holding...
![Consumer Proceedings Not Maintainable after IBC Moratorium Imposition: Bombay HC quashes Consumer Forum Order against SREI Equipment [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/500x300_2100110-ibc-bombay-hc-srei-equipment-taxscan.webp "Consumer Proceedings Not Maintainable after IBC Moratorium Imposition: Bombay HC quashes Consumer Forum Order against SREI Equipment [Read Order]")
Debt Acknowledgement Overcomes Limitation Defence: NCLT Admits CIRP u/s 7 on ₹147 Cr Claim of Punjab National Bank [Read Order]
The New Delhi Bench of the National Company Law Tribunal (NCLT) admitted a Section 7 petition filed by Punjab National Bank against M/s Shriram Skill and Education Ltd., initiating the corporate...
![Debt Acknowledgement Overcomes Limitation Defence: NCLT Admits CIRP u/s 7 on ₹147 Cr Claim of Punjab National Bank [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099581-punjab-national-bank-taxscan.webp "Debt Acknowledgement Overcomes Limitation Defence: NCLT Admits CIRP u/s 7 on ₹147 Cr Claim of Punjab National Bank [Read Order]")