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Results for “NCLT”
BUSINESS NEWS · 2 MIN READNCLT Chandigarh dismisses SEL Textiles' liquidation application and orders a fresh resolution process within 120 daysThe tribunal said earlier plans being rejected does not rule out revival, citing the 2026 IBC amendment that allows a resolution process to be restored before liquidation.22 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNCLAT stays Polycab India's insolvency admission two days after NCLT Ahmedabad's order, on a ₹2.79 crore supplier disputeThe appellate tribunal kept the 7 October admission order in abeyance on 9 October, on condition of a deposit of about ₹2.79 crore. The next hearing is on 26 October.21 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNCLT Bengaluru says a State-owned company is not immune from insolvency, and admits a ₹19.25 crore plea against Karnataka's food corporationThe admission order is held in abeyance until 31 October 2026 to give the parties time to settle.21 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READInsolvency rulings: settlement alone cannot end a CIRP, and a failed OTS is not a fresh defaultA LiveLawBiz digest of the week to 3 October covers seven Supreme Court, NCLAT and NCLT rulings on defaults, guarantors and moratorium.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READRBI gives a conditional no-objection for the REC–PFC merger, which still needs shareholder, creditor and NCLT approvalThe scheme offers 88 PFC shares for every 100 REC shares, and no completion date has been disclosed.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNCLT approved 107 resolution plans worth ₹11,071 crore in July–September, against 60 a year earlierFive benches account for more than 94% of the value, while 294 plans are still pending and 14 member posts are vacant.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READTata Steel receives NCLT order approving merger of subsidiary Rujuvalika InvestmentsThe Mumbai bench pronounced the order on 1 October 2026. No shares are issued and no cash is paid.17 OCT 2026 · BY SPECTATE MEDIA DESK7 of 7 storiesYou are all caught up. Older stories are in the archive: use search at the top to find them.