Tag : "NCLT"

Bank of India Initiates Insolvency Proceedings Against TIL
Business
Corporate & Industry Insights
Bank of India Initiates Insolvency Proceedings Against TIL

The Bank of India has filed for insolvency against TIL, a Kolkata-based manufacturer, due to failed …

Updated : Jul 19, 2026, 06:04 AM IST
Ola Electric Faces Third Insolvency Petition, Gets NCLT Notice
Startup
Failures & Comebacks
Ola Electric Faces Third Insolvency Petition, Gets NCLT Notice

Ola Electric is now facing a third insolvency petition from Seoyon E-Hwa Summit Mobility, amid ongoi…

Updated : Jul 11, 2026, 12:25 AM IST
NCLT to Admit Case Only if Debt, Default Established
Business
Corporate & Industry Insights
NCLT to Admit Case Only if Debt, Default Established

The NCLT will now require proof of 'debt' and 'default' for case admissions under the amended Insolv…

Updated : Jul 3, 2026, 04:20 PM IST