Search Results for "Banking, Finance & Insolvency News | Supremetoday AI"

Bombay High Court Holds Interim Moratorium for Personal Guarantors Ceased from May 26, 2026

Bombay High Court Holds Interim Moratorium for Personal Guarantors Ceased from May 26, 2026

#IBBI #IBCAmendment

Bombay High Court Holds Interim Moratorium for Personal Guarantors Ceased from May 26, 2026In a significant clarification for the insolvency ecosystem, theInsolvency and Bankruptcy Board of India (IBBI)has confirmed that theinterim moratoriumapplicable to personal guarantors of corporate debt...

India - High Court of Bombay • Interim Moratorium under IBC • 26 Sep 2026
NCLT Guwahati Refuses to Direct PNB to Accept OTS Proposal for Liquidated Companies

NCLT Guwahati Refuses to Direct PNB to Accept OTS Proposal for Liquidated Companies

#IBC #NCLT

NCLT Guwahati Refuses to Direct PNB to Accept OTS Proposal for Liquidated CompaniesTheNational Company Law Tribunal (NCLT), Guwahati Bench, has declined to compelPunjab National Bank (PNB)to accept a ₹22.50 croreOne-Time Settlement (OTS)proposal made by Sandeep Kumar Bhagat in respect of thre...

India - National Company Law Tribunal • One-Time Settlement under IBC • 26 Sep 2026
Does IBC Order on Property Possession Create Landlord-Tenant Dispute? NCLAT Answers No

Does IBC Order on Property Possession Create Landlord-Tenant Dispute? NCLAT Answers No

#IBC #NCLAT

Does IBC Order on Property Possession Create Landlord-Tenant Dispute? NCLAT Answers NoTheNational Company Law Appellate Tribunal (NCLAT), New Delhi, has firmly reiterated that an insolvency dispute does not morph into a landlord-tenant matter simply because an order under theInsolvency and Ba...

India - National Company Law Appellate Tribunal • Section 60(5)(c) IBC / Section 238 IBC / Eviction of unauthorized occupants • 26 Sep 2026
Delhi High Court Rejects Equitas Bank's Plea to Revive Cheque Case, Counsel Stated Full Payment

Delhi High Court Rejects Equitas Bank's Plea to Revive Cheque Case, Counsel Stated Full Payment

#ChequeDishonour #DelhiHighCourt

Delhi High Court Rejects Equitas Bank's Plea to Revive Cheque Case, Counsel Stated Full PaymentTheDelhi High Courthas firmly refused to allowEquitas Small Finance Bankto revive a cheque dishonour complaint after its own counsel twice informed judicial forums that the dispute had been fully se...

India - High Court of Delhi • Section 138 Negotiable Instruments Act • 26 Sep 2026
NCLT Kochi Dismisses Insolvency Plea Against Indiavision, Finds Financial Debt Not Established

NCLT Kochi Dismisses Insolvency Plea Against Indiavision, Finds Financial Debt Not Established

#InsolvencyLaw #NCLT

NCLT Kochi Dismisses Insolvency Plea Against Indiavision, Finds Financial Debt Not EstablishedTheNational Company Law Tribunal (NCLT) at Kochihas dismissed aninsolvency petitionfiled by M.K. Nazar againstIndiavision Satellite Communications Limited, holding that the foundational requirements ...

India - National Company Law Tribunal • Financial Debt under IBC • 26 Sep 2026
Madras High Court directs Registry not to register Article 226 pleas against DRT, DRAT orders

Madras High Court directs Registry not to register Article 226 pleas against DRT, DRAT orders

#MadrasHighCourt #Article226

Madras High Court directs Registry not to register Article 226 pleas against DRT, DRAT ordersTheMadras High Courthas issued a significantadministrative directivebarring its Registry from accepting petitions under Article 226 of the Constitution that challenge orders passed by theDebts Recover...

India - High Court of Madras • Article 226 of Constitution • 26 Sep 2026
Andhra Pradesh High Court Holds Agricultural Land Outside SARFAESI Act, Sets Aside Canara Bank Auction

Andhra Pradesh High Court Holds Agricultural Land Outside SARFAESI Act, Sets Aside Canara Bank Auction

#SARFAESI #AgriculturalLand

Andhra Pradesh High Court Holds Agricultural Land Outside SARFAESI Act, Sets Aside Canara Bank AuctionIn a significant ruling that reinforces the protective shield afforded toagricultural landunder theSecuritisation and Reconstruction of Financial Assets and Enforcement ofSecurity InterestAct...

India - High Court of Andhra Pradesh • SARFAESI Act Section 31(i) – Agricultural Land Exclusion • 26 Sep 2026
NCLT Indore Admits Insolvency Plea Against Auri Grow India Over ₹78.04 Cr Principal Default

NCLT Indore Admits Insolvency Plea Against Auri Grow India Over ₹78.04 Cr Principal Default

#InsolvencyLaw #NCLT #CorporateLaw #IBC #OperationalDebt

NCLT Indore Admits Insolvency Plea Against Auri Grow India Over ₹78.04 Cr Principal DefaultIn a significant ruling that reinforces the distinction between an admittedoperational debtand adisputed interest component, theNational Company Law Tribunal (NCLT), Indore Bench, admitted an insolvency...

India - National Company Law Tribunal • Section 9 IBC – Operational Debt • 26 Sep 2026
NCLT Mumbai Dismisses Insolvency Plea Against Shapoorji Pallonji Due to Conditional Payment and Section 10A

NCLT Mumbai Dismisses Insolvency Plea Against Shapoorji Pallonji Due to Conditional Payment and Section 10A

#IBC #NCLT #Insolvency #ShapoorjiPallonji #Section10A

NCLT Mumbai Dismisses Insolvency Plea Against Shapoorji Pallonji Due to Conditional Payment and Section 10ATheNational Company Law Tribunal (NCLT) at Mumbaihas dismissed a ₹4.31 crore insolvency petition filed byUniton Infra Pvt. Ltd.againstShapoorji Pallonji and Company Pvt. Ltd., ruling tha...

India - National Company Law Tribunal • Section 9 of the Insolvency and Bankruptcy Code • 26 Sep 2026
Allahabad High Court Rules State Bank of India Cannot Recover Loan From Widow's Insurance Payout

Allahabad High Court Rules State Bank of India Cannot Recover Loan From Widow's Insurance Payout

#LifeInsuranceProceeds #AllahabadHighCourt

Allahabad High CourtRules State Bank of India Cannot Recover Loan From Widow's Insurance PayoutInsurance money belongs to the beneficiary, not the deceased's estate, saysDivision BenchTheAllahabad High Courthas held,prima facie, that a bank cannot recover a deceased borrower's loan dues from ...

India - High Court of Allahabad • Life Insurance Proceeds • 25 Sep 2026
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