NCLT Allows Withdrawal of Plea in SpiceJet Insolvency Case
The National Company Law Tribunal (NCLT) has permitted a lessor to withdraw its plea in the SpiceJet insolvency case, while also imposing a fine on both Aviator ML and SpiceJet.
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The National Company Law Tribunal (NCLT) has permitted a lessor to withdraw its plea in the SpiceJet insolvency case, while also imposing a fine on both Aviator ML and SpiceJet.
The Supreme Court of India has taken suo motu cognizance of the delays in the approval of resolution plans by the National Company Law Tribunal (NCLT).

Adani's resolution plan for Jaiprakash Associates has received approval from the National Company Law Tribunal (NCLT), marking a significant development in the corporate restructuring.
India's Supreme Court has issued a warning against the unchecked use of artificial intelligence in courts, emphasizing the catastrophic potential after the National Company Law Tribunal (NCLT) cited fake cases generated by AI.

The High Court in India has issued a notice in response to a petition challenging the appointment of a judicial member as the acting president in the National Company Law Tribunal (NCLT).

Justice Anupinder Grewal has been named the new president of the National Company Law Tribunal (NCLT), an appointment noted for breaking conventional practices.

India's National Company Law Tribunal (NCLT) has permitted the withdrawal of insolvency proceedings against ATS Heights Private Limited, which were initially admitted on April 22, 2024, and are related to ATS Knightsbridge.