scorecardresearch
Add as a preferred source on Google
Saturday, January 3, 2026
TopicNCLT

Topic: NCLT

India’s Insolvency & Bankruptcy Code is struggling to deliver. It’ll take a decade to clear backlog

The Centre is considering an increase in the National Company Law Tribunal's bench capacity, while the Standing Committee of Finance suggests fast-track courts. 

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

Savitribai Phule made space for radical women misfits. She pioneered Satyashodhak modernity

The distinctiveness of her writing is evident in her compositions—women, shudras, and atishudras are at the center. Her poetry challenges the aesthetics of 'modern' Marathi literature.

India’s urban co-op banks are turning the page—crisis to cautious revival, one metric at a time

With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.

Greece looking at TATA’s WhAP infantry combat vehicle for army procurement

If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.

A year-end Mea Culpa in National Interest—The Army-Islam combo doesn’t kill democracy

Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.