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Results for “Insolvency”
BUSINESS NEWS · 2 MIN READSupreme Court: a profitable company can still be sent to insolvency, as default alone triggers the IBC, in a ₹600 crore hotel loan caseThe Court upheld insolvency admission against two hotel companies on 15 October and set out how default should be proved.21 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 READSupreme Court: the 60-day limit for an insolvency appeal runs from the day NCLAT pronounces its order, not from when the copy is collectedIn a tax department appeal, the Court counted 76 days against a 60-day ceiling and dismissed it as time-barred.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 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 DESK6 of 6 storiesYou are all caught up. Older stories are in the archive: use search at the top to find them.