FM to Table Finance Bill and Corporate Law Reforms in Parliament

New Delhi (IANS): Finance Minister Nirmala Sitharaman will table two landmark pieces of legislation—the Finance Bill, 2026, and the Corporate Laws (Amendment) Bill, 2026—in Parliament this Monday. The Finance Bill, 2026, enacts the Central Government’s financial proposals for the 2026–2027 fiscal year. During the session, the Finance Minister will move the bill for consideration and…

NCLT Upholds Limitation Based on OTS and Financial Statements, Initiates CIRP In ₹45 Cr Default against Corporate Guarantor [Read Order]

The National Company Law Tribunal (NCLT) Mumbai Bench has commenced the Corporate Insolvency Resolution Process (CIRP) on account of defaulting an amount of ₹45.41 Crores. The Bench comprising Nilesh Sharma (Judicial Member) and Sameer Kakar (Technical Member) held that if the debt is repeatedly acknowledged through One Time Settlement (OTS) schemes and financial statements it…

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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…