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Thursday, November 13, 2025
TopicNCLT

Topic: NCLT

ED restores 354 flats, properties worth Rs 175 cr at Udaipur stalled project to buyers, earns SC praise

The restitution, after a settlement between the agency & the company embroiled in 2016 multi-crore bank fraud case, set to benefit over 200 buyers.

Byju’s insolvency saga: Founder Raveendran’s charges against EY India in bombshell LinkedIn post

Charges by Raveendran who broke his silence follow post by EY India whistleblower. Amid insolvency proceedings, Byju’s founder said he ‘sold his house, mortgaged family’s future’.

‘NCLT, NCLAT must ensure timely resolution, not be mere rubber stamp authority’: SC in Jet Airways ruling

A 3-judge bench, led by CJI, slammed the 2 bodies’ ‘growing tendency’ to disregard SC’s orders, besides political appointments & lack of infra, while also highlighting shortcomings of the IBC.

Jagan Mohan Reddy moves NCLT accusing his sister Sharmila of ‘illegally’ transferring shares

He intended to transfer the shares (Jagan’s own property), in addition to Rs 200 crore he, directly or through their mother, gave to his sister during the past decade.

A paradise lost: How Lavasa fell from grace, leaving homebuyers & creditors in the lurch

NCLT on 6 September scrapped DPIL’s resolution plan for Lavasa and ordered fresh insolvency proceedings. DPIL blamed ‘a few corrupted homebuyers’ and ‘political pressure on banks’.

What’s going on with Byju’s bankruptcy process? Creditors must secure claims, protect interests

Creditors must adhere to the prescribed timelines to recover their dues. Failure to do so could result in losing any potential payouts from the resolution plan or the liquidation process.

Why BCCI filed insolvency plea against Byju’s parent company & what happens to ed-tech firm now

NCLT has admitted BCCI’s insolvency plea against Byju’s over Rs 158 cr of allegedly unpaid dues from sponsorship deal. ThePrint explains what it means for ed-tech firm.

NCLT admits BJYU’s to insolvency resolution process after BCCI plea

NCLT said 'it cannot be disputed' that the parent of Byju's, Think & Learn Private Limited, had availed itself of the services of BCCI and had defaulted on roughly Rs 1.59 billion.

Zee says it is free to go to NCLT to enforce Sony merger deal

Sony scrapped the merger on 22 Jan, ending a deal that could have created one of India's biggest TV broadcasters, claiming breaches of contract.

On Camera

Operation Sarp Vinash — the forgotten 2003 campaign that changed India’s fight against terror

Lt Gen Hardev Singh Lidder’s book on Operation Sarp Vinash shows why the Indian Army’s 2003 campaign to clear terrorist strongholds in Rajouri-Poonch still matters today.

Inflation plunges to a 10-yr low of 0.25% in October. Here’s why

Record-low inflation gives RBI room to ease rates. Food prices have something to do with it.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.