![₹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 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]")
![No Grounds to Interfere with Order Admitting S. 95 Application: NCLAT upholds Insolvency Proceedings against Personal Guarantors [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124003-no-grounds-interfere-order-admitting-s-95-application-taxscan.webp "No Grounds to Interfere with Order Admitting S. 95 Application: NCLAT upholds Insolvency Proceedings against Personal Guarantors [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/2025/11/17/2105954-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]")
![No Genuine Pre-existing Dispute Shown Over ₹18.56 Crore Operational Debt: NCLT Orders Insolvency Proceedings u/s 9 of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/2102850-pre-existing-dispute-operational-debt-nclt-insolvency-proceedings-taxscan-.webp "No Genuine Pre-existing Dispute Shown Over ₹18.56 Crore Operational Debt: NCLT Orders Insolvency Proceedings u/s 9 of IBC [Read Order]")
Insolvency Proceedings can be restored Despite absence of Revival Clause in Settlement Agreement: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the Insolvency Proceedings can be restored despite absence of revival Clause in Settlement Agreement ...
![Insolvency Proceedings can be restored Despite absence of Revival Clause in Settlement Agreement: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091231-nclat-insolvency-proceedings-settlement-proposal-settlement-proposals-by-promoters-committee-of-creditors-taxscan.webp "Insolvency Proceedings can be restored Despite absence of Revival Clause in Settlement Agreement: NCLAT [Read Order]")
Delhi Govt. Appoints Eight Official Receivers for District Courts under Provincial Insolvency Act, 1920 [Read Notification]
The Government of the National Capital Territory of Delhi has formally appointed eight advocates as Official Receivers for the different district courts present across the capital city. The...
![Delhi Govt. Appoints Eight Official Receivers for District Courts under Provincial Insolvency Act, 1920 [Read Notification]](https://images.taxscan.in/h-upload/2025/08/27/2081166-delhi-govt-provincial-insolvency-act-district-courts-under-provincial-insolvency-act-taxscan.webp "Delhi Govt. Appoints Eight Official Receivers for District Courts under Provincial Insolvency Act, 1920 [Read Notification]")
Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently dismissed an applicant’s challenge to the revival of its Corporate Insolvency Resolution Process...
![Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/2076039-corporate-debtor-nclat-taxscan.webp "Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]")
Budget 2024-25: FM proposes Additional Tribunals for NCLT, Major IBC Reforms, says 3.3 Lakh Cr recovered in Insolvency Proceedings
In a significant move to bolster the insolvency and debt recovery mechanisms, the Union Budget 2024-25 has introduced a series of strategic initiatives aimed at improving outcomes under the...
Failure to File Claim during Insolvency Proceedings u/s 31 and 32A of IBC: Gujarat HC Abates Income Tax Appeals [Read Order]
The Gujarat High Court abated income tax appeals filed by the Commissioner of Customs (Preventive) due to the failure to file a claim during insolvency proceedings. The appeals arose from an order...
![Failure to File Claim during Insolvency Proceedings u/s 31 and 32A of IBC: Gujarat HC Abates Income Tax Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Insolvency-Proceedings-IBC-Gujarat-HC-Income-Tax-Appeals-taxscan.jpg "Failure to File Claim during Insolvency Proceedings u/s 31 and 32A of IBC: Gujarat HC Abates Income Tax Appeals [Read Order]")