You Searched for: corporate insolvency
Supreme Housing faces a June deadline to settle ₹460 crore with Canara Bank as the NCLAT provides a final opportunity to avoid a formal insolvency process.
- Jun 02, 2026 23:02 PM IST
- 1164 Views
Supreme Housing and Hospitality must deposit ₹460 crore by June 13 to avoid insolvency. This critical ruling reveals a final opportunity for debt settlement.
- Jun 01, 2026 12:38 PM IST
- 1165 Views
Alok Sanghi settles his ₹84 crore personal guarantee dispute with Ambuja Cements at the NCLAT, effectively concluding the ongoing legal conflict in June 2026.
- Jun 01, 2026 12:35 PM IST
- 1169 Views
Ambuja Cements explores the acquisition of Jaypee Cement with a ₹580 crore bid as lenders evaluate the offer against the company's total liquidation value.
- May 20, 2026 00:02 AM IST
- 1170 Views
Adani Group secures the ₹14,535 crore bid for Jaiprakash Associates after the NCLAT rejected Vedanta’s challenge, clearing the path for acquisition in 2026.
- May 07, 2026 00:07 AM IST
- 1207 Views
NCLAT quashes Embassy Development insolvency case over a ₹202 crore claim, citing Section 10A protections for defaults during the pandemic-era lockdown period.
- May 05, 2026 15:34 PM IST
- 1193 Views
The NCLT has approved a ₹730 crore revival plan for Rajesh Business & Leisure Hotels, marking a critical debt resolution for the Mumbai-based hospitality firm.
- May 05, 2026 15:32 PM IST
- 1179 Views
Jaypee Associates insolvency process remains under NCLAT review as legal experts analyze resolution bidding procedures and creditor committee decisions.
- Apr 18, 2026 11:01 AM IST
- 1193 Views
Insolvency proceedings against realty firms must be restricted to specific projects according to a new NCLAT ruling, protecting unrelated residential assets.
- Apr 14, 2026 15:31 PM IST
- 1198 Views
The NCLAT reaffirms project-specific insolvency rules, ensuring financial disputes are limited to individual developments rather than entire corporate firms.
- Apr 13, 2026 10:03 AM IST
- 1205 Views
Earth Infrastructures Ltd faces a money laundering probe following a massive fraud. Officials seize assets linked to stalled Delhi-NCR residential projects.
- Apr 11, 2026 15:09 PM IST
- 1197 Views
Real estate insolvency resolution undergoes a critical pivot as the IBBI recommends a project-centric framework to ensure stalled housing projects finish.
- Apr 09, 2026 20:04 PM IST
- 1210 Views
IBBI suspension of Supertech insolvency professional highlights critical failures in regulatory oversight and property resolution timelines.
- Mar 31, 2026 22:08 PM IST
- 1201 Views
The NCLAT has allowed the withdrawal of insolvency proceedings against real estate developer Mahagun Group after the parties reached a mutual settlement, signalling the growing role of negotiated resolutions under the IBC framework in India's real estate sector.
- Feb 24, 2026 15:12 PM IST
- 1184 Views
The NCLT Chandigarh bench has admitted Gurugram-based Vatika Real Estate Developers into insolvency proceedings after the company reportedly defaulted on ₹274 crore in dues owed to NCD holders, with IDBI Trusteeship Services filing the petition.
- Feb 09, 2026 18:34 PM IST
- 1653 Views
