NCLT Reviews Adani Group’s Composite Scheme to Consolidate Green Hydrogen Ecosystem Under Single Entity
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has reviewed and sanctioned a composite scheme of arrangement involving five Adani Group...
![Conditional Repayment Linked to Project Completion Not Financial Debt: NCLAT upholds NCLT’s Rejection of Insolvency Petition [Read Order]](https://images.taxscan.in/h-upload/2026/01/02/2116697-conditional-repayment-linked-project-completion-not-financial-debt-nclat-upholds-nclts-rejection-insolvency-petition-taxscan.webp "Conditional Repayment Linked to Project Completion Not Financial Debt: NCLAT upholds NCLT’s Rejection of Insolvency Petition [Read Order]")
![Resolution Plan Lacks Feasibility, Viability and IBC Compliance: NCLT Rejects CoC’s ₹1.5 Cr Resolution Plan, Orders Liquidation u/s 33(1)(b) [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/2102842-resolution-plan-lacks-feasibility-viability-ibc-compliance-nclt-resolution-plan-orders-taxscan.webp "Resolution Plan Lacks Feasibility, Viability and IBC Compliance: NCLT Rejects CoC’s ₹1.5 Cr Resolution Plan, Orders Liquidation u/s 33(1)(b) [Read Order]")
![NCLT Waives One-Tenth Shareholding Mandate, Allows Former ICEX Promoters to Maintain Oppression & Mismanagement Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/2102526-nclt-ahmedabad-icex-promoters-nclt-waives-taxscan.webp "NCLT Waives One-Tenth Shareholding Mandate, Allows Former ICEX Promoters to Maintain Oppression & Mismanagement Case [Read Order]")
![NCLT Admits BluSmart Mobility Tech to Insolvency for ₹5.8 Crore Default on Google Maps Service Payments [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/2099211-blusmart-mobility-tech-taxscan.webp "NCLT Admits BluSmart Mobility Tech to Insolvency for ₹5.8 Crore Default on Google Maps Service Payments [Read Order]")
NCLT Upholds Rs. 1.03 Crore Operational Debt Despite 24% Interest Challenge, Initiates CIRP u/s 9 [Read Order]
The Ahmedabad bench of the National Company Law Tribunal (NCLT) held that under Section 9(5) of the IBC, 2016, a dispute limited to interest does not amount to a pre-existing dispute and therefore...
![NCLT Upholds Rs. 1.03 Crore Operational Debt Despite 24% Interest Challenge, Initiates CIRP u/s 9 [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/2099040-operational-debt-taxscan.webp "NCLT Upholds Rs. 1.03 Crore Operational Debt Despite 24% Interest Challenge, Initiates CIRP u/s 9 [Read Order]")
NCLT recognizes US-Based Drip Capital Inc. as Financial Creditor, Initiates CIRP Against Sumarrow Impex LLP [Read Order]
In a recent ruling, the National Company Law Tribunal (NCLT), Ahmedabad Bench, allowed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate...
![NCLT recognizes US-Based Drip Capital Inc. as Financial Creditor, Initiates CIRP Against Sumarrow Impex LLP [Read Order]](https://images.taxscan.in/h-upload/2025/10/17/2097507-nclt-recognizes-us-based-drip-capital-financial-creditor-initiates-cirp-sumarrow-impex-llp-taxscan.webp "NCLT recognizes US-Based Drip Capital Inc. as Financial Creditor, Initiates CIRP Against Sumarrow Impex LLP [Read Order]")
IBBI Suspends Resolution Professional for One Year over Negligence and Unjustified Delay in Liquidation Process [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) recently suspended an Insolvency Resolution Professional (RP) for a period of one year, noting that they had been found negligent in liquidation,...
![IBBI Suspends Resolution Professional for One Year over Negligence and Unjustified Delay in Liquidation Process [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/2094368-2070736-liquidation-taxscan.webp "IBBI Suspends Resolution Professional for One Year over Negligence and Unjustified Delay in Liquidation Process [Read Order]")
Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]
The Ahmedabad Bench of the National CompanyLaw Tribunal (NCLT) clarified that the date of default can be established by placing reliance on documentary evidence other than a record of default with an...
![Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/2080145-documentary-evidence-board-nominees-order-bank-statements-iu-nclt-taxscan.webp "Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]")