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![Corporate Insolvency Process initiated against the Damara Gold Over ₹39 Crore Default: NCLT Admits PNBs Insolvency Plea [Read Order] Corporate Insolvency Process initiated against the Damara Gold Over ₹39 Crore Default: NCLT Admits PNBs Insolvency Plea [Read Order]](/images/placeholder.jpg)
Corporate Insolvency Process initiated against the Damara Gold Over ₹39 Crore Default: NCLT Admits PNB's Insolvency Plea [Read Order]
The Mumbai Bench of National Company Law Tribunal (NCLT) admitted PNB’s Section 7 application against the Respondent for default exceeding ₹39...



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![SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order] SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/500x300_2109238-sarfaesi-deemed-valid-invocation-nclt-insolvency-personal-guarantor-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]](https://images.taxscan.in/h-upload/2025/11/26/500x300_2108023-nclt-healthcare-resolution-plan-taxscan.webp)
![NCLT Sanctions Merger of Sharekhan into Mirae Asset Financial Services to Comply with RBI Directive [Read Order] NCLT Sanctions Merger of Sharekhan into Mirae Asset Financial Services to Comply with RBI Directive [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107899-sharekhan-financial-service-.webp)
![NCLT Upholds CoC Decision, dismisses Applications Challenging Unijules Resolution Plan [Read Order] NCLT Upholds CoC Decision, dismisses Applications Challenging Unijules Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107955-nclt-mumbai-resolution-plan-taxscan.webp)
![NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order] NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102315-nclt-cirp-cirp-against-tirumalla-agro-industries-tirumalla-agro-industries-taxscan-.webp)
![Alleged Quality Issues Not a Pre-existing Dispute: NCLT Allows Section 9 Application, Admits Operational Debt of ₹1.44 Crore [Read Order] Alleged Quality Issues Not a Pre-existing Dispute: NCLT Allows Section 9 Application, Admits Operational Debt of ₹1.44 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099540-alleged-quality-issues-pre-existing-dispute-nclt-operational-debt-taxscan.webp)
![Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order] Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099290-nclt-covid-19-technical-defences-taxscan.webp)