"nclt"

Legal experts said the amended Insolvency and Bankruptcy Act, 2026 requires proof of both debt and default before the NCLT admits insolvency cases. The amendments also introduce changes to resolution processes, liquidation rules and Competition Commission approval requirements

The Supreme Court set aside an NCLT insolvency verdict after finding it relied on AI-generated fake and hallucinated legal precedents. Stressing zero tolerance, it directed the Bar Council of India to frame guidelines and disciplinary measures against citing unverified AI-generated judicial material

The Supreme Court set aside NCLT and NCLAT orders after discovering the tribunal used fake, AI-generated judicial precedents. Declaring "zero tolerance" for AI hallucinations, the apex court directed the Bar Council of India to establish strict guidelines for lawyers

National Company Law Tribunal’s Allahabad bench had approved Adani Enterprises' Rs 14,535 crore bid to acquire JAL assets, which was challenged by Vedanta with a Rs 17,926 crore offer

Vedanta chairman Anil Agarwal reaffirmed commitment to regular dividends even after the NCLT-approved demerger into five pure-play entities. The group plans a US$20 billion expansion across metals, power, and oil & gas, aiming for significant domestic and global growth

Sirpur Paper Mills (SPM) Private Limited is now facing a crisis again with the rift between management of the factory and lorry owners getting widened over prices for transporting raw material and paper.

Says she was 'appalled' at the extent to which Jaganmohan Reddy strayed from the path of their father late YS Rajasekhara Reddy

The feud between Jagan and Sharmiala took a new turn in the form of the legal battle with a petition being filed last month in the Hyderabad Bench of National Company Law Tribunal

The next hearing has been listed for April 4. Sources close to the company said that the Wednesday timeline for closure of the rights issue will not be extended.

These allotments resulted in the issuance of shares to more than 49 shareholders in one financial year in violation of the Sebi's DIP guidelines.

Last month, a trial court had rejected Singh's anticipatory bail application, citing insufficient grounds for granting relief in light of the overall facts and circumstances of the case and the gravity of the offense.

The tribunal's suggestion came against the backdrop of the crisis-hit carrier issuing shares in lieu of dues to nine aircraft lessors

Last month, a trial court had rejected Singh's anticipatory bail application, citing insufficient grounds for granting relief in light of the overall facts and circumstances of the case and the gravity of the offense.

NCLT on Tuesday asked SpiceJet to work towards resolving disputes with the lessors who have initiated insolvency proceedings against the airline

Go First airlines, which has been grounded since early May, has announced a further extension of flight cancellations till August 31, the airline announced on Monday

Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till August 11

NCLT directed the resolution professional of cash-strapped grounded airlines Go First to submit details of the subsequent developments

The deal envisaged AESL merging with TLPL as it was more tax efficient for the seller Chaudhrys

NCLT issued notices to the Committee of Creditors of Go First and insolvency regulator IBBI over a plea to refund Rs 597.54 crore to around 15.5 lakh passengers

Go First has approached NCLT seeking permission to refund money to passengers