Browsing Tag
National Company Law Appellate Tribunal
2 posts
Zee Learn faces Rs 821cr NCLT insolvency plea after ACRE invokes guarantee
Zee Learn Limited and subsidiary Digital Ventures Private Limited face fresh Section 7 insolvency applications from Assets Care & Reconstruction Enterprise Limited over an alleged default of about ₹821 crore, escalating a long-running debt dispute only days after ACRE invoked a ₹818.23 crore corporate guarantee.
Supreme Court voids NCLT insolvency orders over fake AI precedents and demands zero tolerance
An insolvency order collapsed after fake AI precedents entered the record. India’s Supreme Court has now put lawyers and judges on notice.