7th CoC Meeting Set for March 9

AuthorAditi Singh|Published at:7th March 2026, 3:09 pm Overview Reliance Home Finance Limited (RHFL) has scheduled its seventh Committee of Creditors (CoC) meeting for March 9, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP), which commenced in September 2025. This meeting is a critical procedural step where creditors will convene, likely via video…

NCLT Initiates Voluntary CIRP Against Alcob India Private Limited, Upon ₹65.44 Crore Default Established [Read Order]

The Mumbai Bench of National Company Law Tribunal (NCLT) has allowed the petitions filed under Section 10 of the Insolvency and Bankruptcy Code, 2016 which initiated the Corporate Insolvency Resolution Process (CIRP) after recording a total default of ₹65.44 crore. While allowing the application filed by Alcob India Private Limited, the Bench of Prabhat Kumar…

IBC Prevails Over Defunct Corporate Schemes: SC in Omkara

Supremacy Over Defunct Corporate Schemes  Omkara Assets Reconstruction Private Limited v Amit Chaturvedi & Ors | 2026 INSC 189 | Supreme Court of India | 24 February 2026  How the Supreme Court chose economic rehabilitation over procedural politeness, and why delayed corporate schemes cannot hold creditors and the economy hostage  The Central Question  Can a debt-ridden…