NCLT admits Kotak Mahindra Bank's Insolvency Petition against Inditrade Business Consultants
The National Company Law Tribunal (NCLT) Kochi bench admitted the insolvency petition by Kotak Mahindra Bank against Inditrade Business Consultants...
![Directors Remain Criminally Liable for Dishonoured Cheques Despite Company Insolvency: Orissa HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/250x150_2097622-cheque-dishonoured-taxscan.webp "Directors Remain Criminally Liable for Dishonoured Cheques Despite Company Insolvency: Orissa HC [Read Order]")
![NCLT initiates CIRP against Aban Offshore Insolvency, allows application by PNB [Read Order]](https://images.taxscan.in/h-upload/2025/10/17/250x150_2097481-nclt-cirp-aban-offshore-insolvency-taxscan.webp "NCLT initiates CIRP against Aban Offshore Insolvency, allows application by PNB [Read Order]")
![Supreme Court Upholds JSW Steels Resolution Plan for BPSL [Read Judgement]](https://images.taxscan.in/h-upload/2025/09/27/250x150_2091514-supreme-court-jsw-steel-limited-taxscan.webp "Supreme Court Upholds JSW Steels Resolution Plan for BPSL [Read Judgement]")
Adjudicating Authority Bound to Initiate CIRP if Application u/s.10 is Complete and There is No Ineligibility u/s.11: NCLT [Read Order]
A Division Bench of the National Company Law Tribunal at Chennai held that when an application under Section 10 of the Insolvency and Bankruptcy Code is deemed complete and the corporate applicant...
![Adjudicating Authority Bound to Initiate CIRP if Application u/s.10 is Complete and There is No Ineligibility u/s.11: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/500x300_2091354-adjudicating-authority-cirp-cirp-if-application-nclt-taxscan.webp "Adjudicating Authority Bound to Initiate CIRP if Application u/s.10 is Complete and There is No Ineligibility u/s.11: NCLT [Read Order]")
Notice on MD/Director in Alleged Economic Offence of Company: Telangana HC directs Company to take Further Steps [Read Order]
The Telangana High Court disposed of the petition challenging the notice on the former Managing Director (MD) in alleged economic offence of the company by directing the company to take further...
![Notice on MD/Director in Alleged Economic Offence of Company: Telangana HC directs Company to take Further Steps [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/500x300_2091328-telangana-hc-taxscan.webp "Notice on MD/Director in Alleged Economic Offence of Company: Telangana HC directs Company to take Further Steps [Read Order]")
Petition u/s 7 of IBC is not barred by Institution of Criminal Proceedings against Officials of Financial Creditor: NCLT allows Application of Canara Bank [Read Order]
In a recent case, while admitting the application filed by Canara Bank, the Cuttack bench of the National Company Law Tribunal (NCLT) has held that institution of criminal proceedings against the...
![Petition u/s 7 of IBC is not barred by Institution of Criminal Proceedings against Officials of Financial Creditor: NCLT allows Application of Canara Bank [Read Order]](https://images.taxscan.in/h-upload/2025/09/25/500x300_2090968-2067031-canara-bank-dispute-taxscan.webp "Petition u/s 7 of IBC is not barred by Institution of Criminal Proceedings against Officials of Financial Creditor: NCLT allows Application of Canara Bank [Read Order]")
NSL Mining Resource case: Telangana HC directs Income Tax dept to issue fresh order for Rs 143 cr tax demand with NCLT plan [Read Order]
In the case of NSL Mining Resources India Pvt ltd, the Telangana High Court has directed the income tax department to issue a fresh order incorporating the resolution plan approved by the National...
![NSL Mining Resource case: Telangana HC directs Income Tax dept to issue fresh order for Rs 143 cr tax demand with NCLT plan [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2089954-nsl-mining-taxscan.webp "NSL Mining Resource case: Telangana HC directs Income Tax dept to issue fresh order for Rs 143 cr tax demand with NCLT plan [Read Order]")
Directors who Invested ₹5.5 Cr in Corporate Debtor Cannot Claim to be Unaware of CIRP: NCLAT Upholds Denial of Exclusion/Extension [Read Order]
The National Company Law Appellate Tribunal (NCLAT) recently dismissed an appeal filed by the suspended directors of a corporate debtor, holding that directors who had invested a sum of...
![Directors who Invested ₹5.5 Cr in Corporate Debtor Cannot Claim to be Unaware of CIRP: NCLAT Upholds Denial of Exclusion/Extension [Read Order]](https://images.taxscan.in/h-upload/2025/09/21/500x300_2089292-corporate-debtor-cirp-nclat-taxscan.webp "Directors who Invested ₹5.5 Cr in Corporate Debtor Cannot Claim to be Unaware of CIRP: NCLAT Upholds Denial of Exclusion/Extension [Read Order]")
![Courts Cannot Review if AO has Enough Material to Reopen Assessment: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/18/500x300_2088354-courts-review-ao-enough-material-reopen-assessment-delhi-hc-taxscan.webp "Courts Cannot Review if AO has Enough Material to Reopen Assessment: Delhi HC [Read Order]")
Contractual Dispute Cloaked as Cheating: Orissa HC Grants Anticipatory Bail to Liquidator Citing Pending IBC Proceedings [Read Order]
In a recent ruling, the Orissa High Court held that a contractual dispute cannot be treated as cheating and granted anticipatory bail to a company liquidator and other officials, taking note of ...
![Contractual Dispute Cloaked as Cheating: Orissa HC Grants Anticipatory Bail to Liquidator Citing Pending IBC Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/500x300_2087927-contractual-dispute-cloaked-cheating-orissa-hc-anticipatory-bail-liquidator-citing-pending-ibc-proceedings-taxscan.webp "Contractual Dispute Cloaked as Cheating: Orissa HC Grants Anticipatory Bail to Liquidator Citing Pending IBC Proceedings [Read Order]")