NCLAT Delhi held that by approval of resolution plan, the personal guarantee is not ipso facto discharged. Thus, the Indian Bank which is dissenting Financial Creditor cannot proceed to file an ...

Hundreds of former and current BCA drivers look set to be compensated after securing a major victory in their long-running ...

Insolvency and Bankruptcy Code cannot override the Prevention of Money Laundering Act (PMLA), said appellate tribunal NCLAT, adding assets of an debt-ridden firm once attached by the Directorate of ...

The National Company Law Appellate Tribunal (NCLAT), New Delhi, on Monday is likely to decide on a plea of the Ansal API home ...

Boston Consulting Group CEO apologizes for Israeli-backed Gaza aid project Top consulting firm fires two partners over involvement in aid initiative beset by violence and controversy.

NCLAT rules that Insolvency & Bankruptcy Code cannot override PMLA, assets attached by ED cannot be released for resolution.

NCLAT rules insolvency law cannot override PMLA, upholding ED's asset attachment. The decision impacts asset resolution in ...

The National Company Law Appellate Tribunal (NCLAT) ruled that the Insolvency and Bankruptcy Code (IBC) cannot override the ...

Earlier on June 25, the Mumbai bench of the NCLT had asked Reliance Retail to convene a meeting for approval of the internal restructuring process, under which its consumer business is transferred as ...

Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the business to attract ...

Reliance Retail has sought approval from the National Company Law Tribunal (NCLT) to restructure its fast-moving consumer ...

The National Company Law Tribunal (NCLT) denied the dissolution of Shakti Bhog Snacks, asserting that insolvency proceedings ...