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Tuesday, December 2, 2025
TopicNCLT

Topic: NCLT

Anil Ambani in trouble as NCLT agrees to hear SBI plea to start personal bankruptcy process

If NCLT admits Anil Ambani into the bankruptcy process, a list of all claims against him will be compiled and a repayment plan will be worked out, according to rules.

Delhi Gymkhana moves NCLAT, says clubs have absolute freedom to govern themselves

At NCLAT, Delhi Gymkhana Club challenges 26 June order passed by NCLT, which had directed the government to appoint two members on the club's general committee.

Delhi Gymkhana has become a bar, ‘hereditary club’, Modi govt tells company law tribunal

In its submissions before the NCLAT seeking control of management of Delhi Gymkhana club, the government states that the club is ‘an ugly example of nepotism in a democratic country’.

RBI has chosen the easy path, but it won’t solve structural problems in financial sector

RBI’s regulatory measures to allow banks to lend more to some sectors may help revive credit for a quarter or so, but they don’t address fundamental issues.

Company law tribunal admits RBI plea to begin bankruptcy proceedings against DHFL

The debt-ridden DHFL owes Rs 92,715.45 crore to the RBI, and is set to be the first financial services firm to be resolved through the bankruptcy code.

Modi govt bringing NBFCs under bankruptcy code will clog the tribunal even more

Considering delays in ongoing cases under the National Company Law Tribunal, NBFCs require a separate mechanism for handling bankruptcy.

NCLTs, meant to resolve the bad debt mess in days, are understaffed and overburdened

The NCLTs have helped resolve insolvency & bankruptcy proceedings involving more than Rs 80,000 crore in 2018, but many big-ticket cases drag on.

Insolvency plea against Jet Airways — here’s what lies ahead for the airline

NCLT, which will hear insolvency plea against Jet Airways today, was approached by consortium of lenders to recover their dues of over Rs 8,500 crore.

Supreme Court allows Delhi Police to arrest Amrapali chairman, directors

The top court also directed that the personal assets of the three Amrapali directors, including chairman Anil Sharma, be attached.

Supreme Court upholds Insolvency and Bankruptcy Code in entirety

The top court, however, rules that related parties under the IBC should mean a person connected with the business.

On Camera

RSS is warming up to Yogi Adityanath. CM has many more boxes to tick

It’s not just the Opposition parties Yogi Adityanath has to contend with. His detractors within the BJP are no less formidable.

Modi govt’s PM internship scheme saw high attrition in Year 1. Just 30% joined, 41% quit midway

According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.

After Op Sindoor, India goes in for more Heron Mk IIs; Israel frontrunner for mega MALE drones deal

Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.