The NCLT Approves 107 Resolution Plans worth Rs 11,071.14 crore in the July to September 2026 quarter, the highest quarterly tally in its history, according to data released by the Tribunal. New Delhi: The National Company Law Tribunal (NCLT) has recorded its highest-ever quarterly performance in terms of approved resolution plans under the Insolvency and […]
The Delhi High Court questioned why Union Bank issued a fraud-related show cause notice to Jai Anmol Ambani after Reliance Home Finance’s resolution plan was already approved by lenders and the Supreme Court. While refusing to stay the proceedings, the Court directed the Bank to hear Ambani and pass a reasoned order, subject to the High Court’s final decision.
