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10 Years of IBC: Key milestones, biggest challenges and the road ahead

10 Years of IBC: Key milestones, biggest challenges and the road...

Sat, May 30, 2026

A decade after the Insolvency and Bankruptcy Code (IBC) came into force, experts at PHDCCI's 'IBC & NCLT @10' event highlighted its role in improving credit discipline, reducing NPAs and encouraging early settlements. Stakeholders also discussed key challenges including resolution delays, tribunal capacity constraints and the need for cross-border insolvency reforms.

Vedanta rises post demerger despite NCLAT setback on Jaypee CoC plea

Vedanta rises post demerger despite NCLAT setback on Jaypee CoC p...

Mon, May 04, 2026

Vedanta shares move higher in first full session after demerger-led price discovery, even as NCLAT dismisses the company’s challenge to lenders’ decision on Jaypee Associates, keeping legal overhang in focus.

Vedanta's Anil Agarwal questions Jaypee Associates bid decision, but analysts back Adani Group's faster recovery plan

Vedanta's Anil Agarwal questions Jaypee Associates bid decis...

Mon, Mar 30, 2026

Vedanta Chairman Anil Agarwal has taken to social media to criticise lenders after his group failed to secure the Jaiprakash Associates Ltd. assets, despite submitting what he says was a higher offer.

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WhatsApp withdraws challenge to NCLAT order, assures user consent on data sharing

WhatsApp withdraws challenge to NCLAT order, assures user consent...

Mon, Feb 23, 2026

WhatsApp has withdrawn its petition challenging the December order of the National Company Law Appellate Tribunal (NCLAT). Additionally, the Meta-owned company has also informed the Supreme Court of India that it will give users under the Meta platform more control over whether their data is shared with other companies.

NCLAT grants partial relief to Meta, WhatsApp in privacy policy case

NCLAT grants partial relief to Meta, WhatsApp in privacy policy c...

Tue, Nov 04, 2025

The matter goes way back to November 2024 when the CCI came to the conclusion that WhatsApp had indeed exercised its power in India’s OTT (Over-The-Top) messaging market unreasonably.

Supreme Court dismisses BCCI and Riju Ravindran pleas in Byju's insolvency case, refuses to consider settlement

Supreme Court dismisses BCCI and Riju Ravindran pleas in Byju...

Mon, Jul 21, 2025

The Supreme Court on Monday, July 21, dismissed the petitions filed by the BCCI and Riju Ravindran, brother of Byju Ravindran, seeking withdrawal of insolvency proceedings against Byju. The court also refused to consider the settlement between the crisis-hit edtech company and the BCCI.

NCLAT dismisses Supertech promoter's plea against personal insolvency proceedings

NCLAT dismisses Supertech promoter's plea against personal i...

Mon, Apr 14, 2025

The National Company Law Appellate Tribunal (NCLAT) has dismissed the plea filed by debt-ridden realty firm Supertech former promoter Ram Kishor Arora against personal insolvency proceedings initiated against him.

IDBI Bank's insolvency appeal against ZEEL dismissed by NCLAT

IDBI Bank's insolvency appeal against ZEEL dismissed by NCLA...

Mon, Apr 07, 2025

The National Company Law Appellate Tribunal (NCLAT) has dismissed IDBI Bank’s plea challenging a National Company Law Tribunal (NCLT) order that rejected the private lender’s request for insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL).

NCLAT directs NCLT to decide on BCCI-Byju's settlement within a week

NCLAT directs NCLT to decide on BCCI-Byju's settlement withi...

Sat, Feb 08, 2025

The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) also made clear it has not made any observations on the facts.

NCLAT set aside penalty on lenders for delay in Mudra Denim insolvency process

NCLAT set aside penalty on lenders for delay in Mudra Denim insol...

Sun, Jan 26, 2025

The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed against lenders of debt-ridden Mudra Denim, saying there was no laxity on their part for delay in insolvency process.

NCLAT stays ban on WhatsApp sharing data with parent Meta

NCLAT stays ban on WhatsApp sharing data with parent Meta

Thu, Jan 23, 2025

The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed a five-year data-sharing ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and its parent Meta for advertising purposes, offering a breather to the tech giant.

Meta Appeals CCI's Rs 213 Crore Penalty on WhatsApp

Meta Appeals CCI's Rs 213 Crore Penalty on WhatsApp

Tue, Jan 07, 2025

Meta has filed an appeal with NCLAT against the Rs 213 crore penalty imposed by the CCI on WhatsApp. This video explains the details of the case, the reasons for the penalty, and the legal process involved in the appeal. Watch to understand the implications of this development for Meta and WhatsApp.

NCLAT sends Aakash's AoA amendment case back to NCLT

NCLAT sends Aakash's AoA amendment case back to NCLT

Sat, Dec 07, 2024

Moreover, the status quo would continue as directed by the Supreme Court in this matter, a 14-page-long NCLAT order said.

NCLAT approves Rs 158 crore settlement between BCCI & Byju's

NCLAT approves Rs 158 crore settlement between BCCI & Byju...

Fri, Aug 02, 2024

NCLAT approves Rs 158 crore settlement between BCCI and Byju's; sets aside insolvency proceedings. (This article will soon be updated)

NCLAT defers hearing on Google's Play Store billing policy to July 5

NCLAT defers hearing on Google's Play Store billing policy t...

Fri, May 24, 2024

A two-member National Company Law Appellate Tribunal (NCLAT) bench, after a brief hearing over the petitions, directed listing the matter after summer vacations on July 5.

NCLAT asks IRP of Dream 11 to maintain it as a going concern; not to take steps for insolvency

NCLAT asks IRP of Dream 11 to maintain it as a going concern; not...

Thu, Apr 04, 2024

The NCLT had directed to initiate CIRP against Dream 11 over a petition filed by its operational creditor Reward Solutions under section 9 of the Insolvency & Bankruptcy Code (IBC), claiming dues of Rs 7.61 crore.

NCLAT upholds Jet Airways transfer of ownership to Jalan Kalrock

NCLAT upholds Jet Airways transfer of ownership to Jalan Kalrock

Tue, Mar 12, 2024

"The impugned order passed by Adjudicating Authority (NCLT Mumbai) dated 13.01.2023 is upheld," said a two-member NCLAT bench. Besides, it has also directed the lenders of Jet Airways to adjust the Rs 150 crore paid by the consortium as performance bank guarantee (PBG).

NCLAT rejects Jindal Power plea to allow its bid for Tuticorin Coal Terminal

NCLAT rejects Jindal Power plea to allow its bid for Tuticorin Co...

Wed, Jan 10, 2024

A two-member bench of the National Company Law Appellate Tribunal (NCLAT) upheld the earlier order passed by the Mumbai Bench of NCLT, which said that under CIRP Regulations, Jindal Power Ltd (JPL) was "ineligible to submit a Resolution Plan" for Tuticorin Coal Terminal.

NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 t...

Tue, Oct 10, 2023

The appellate tribunal said the order passed by the fair trade regulator Competition Commission of India "suffers from illegality" and "does not comply with the requirement of adherence to the principle of natural justice".

NCLAT allows Go First's airplane lessor Jackson Square Aviation to inspect planes

NCLAT allows Go First's airplane lessor Jackson Square Aviat...

Fri, Sep 01, 2023

A two-member NCLAT bench on Thursday disposed of the plea filed by the aircraft lessor for inspection.

Government extends deadline to apply for judicial, technical posts at NCLAT till September 1

Government extends deadline to apply for judicial, technical post...

Thu, Aug 17, 2023

"To widen the participation of candidates and attract the best talent, it has been decided to accept further applications, with the last date for submission of the online application being extended to September 1, 2023," the notice said.

Jet Airways: NCLAT allows more time for Jalan Kalrock Consortium to make payments; rejects lenders' plea

Jet Airways: NCLAT allows more time for Jalan Kalrock Consortium...

Sat, May 27, 2023

In a relief for the consortium, NCLAT extended the timeline for payment obligation by excluding the time between November 16, 2022, and March 3, 2023 -- the time period when it was hearing the petition filed by lenders.

Jet Airways case: NCLAT to pass order on Jalan Kalrock Consortium's plea against SBI on May 30

Jet Airways case: NCLAT to pass order on Jalan Kalrock Consortium...

Mon, May 22, 2023

Amid continuing differences between lenders of bankrupt-Jet Airways and the consortium, the appellate tribunal also asked both parties to cooperate with each other for implementation of the resolution plan for the airline.

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