NCLAT held that acknowledgment of debt and a fresh promise to pay under Section 25(3) of the Indian Contract Act, 1872, can extend the...

Mr. M.M. Dhonchak, Presiding Officer of Debts Recovery Tribunal (DRT)-2, Chandigarh, has filed an appeal before the Division Bench of the...

High Court held that the relocation of the NCLT Kolkata Bench is a policy matter for administrative efficiency and, in the absence of...

NCLAT held that dissenting financial creditors are entitled to a pro-rata share of the enhanced resolution value and must be paid with...

The High Court held that an arbitral award cannot be set aside under Section 34 merely due to an erroneous interpretation of contractual...

NCLAT ruled that a personal guarantor’s liability remains enforceable unless expressly discharged by the creditor. The National Company...

Parliament has passed the Banking Laws (Amendment) Bill, 2024 , introducing significant reforms in banking regulations. The Rajya Sabha...

NCLAT upheld SBI’s right to invoke the personal guarantee and initiate insolvency proceedings against the guarantors under Section 95 of...

NCLAT held that while statutory assessments are permissible, they are unenforceable during the moratorium, and claims filed after the...

NCLAT held that the mere pendency of arbitration or settlement proposals does not bar the admission of a Section 7 application once debt...