LITIGRA

LITIGATION AND ADVISORY PRACTICE

Supreme Court of India
Punjab & Haryana High Court
NCLT / NCLAT
Tribunals & Commissions

WRITING

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Selected notes on recent judgments from our practice.

Company

Justice Anupinder Singh Grewal Appointed President of the National Company Law Tribunal (NCLT)

By order dated 29.04.2026, the Appointments Committee of the Cabinet has approved the appointment of Justice (Retd.) Anupinder Singh Grewal, former Judge of the High Court of Punjab and Haryana, as President of the National Company Law Tribunal for a term of five years from the date of assumption of charge, or until he attains the age of 67 years, whichever is earlier.

Insolvency

Insolvency and Bankruptcy Code (Amendment) Act, 2026: Key Highlights Including Creditor-Initiated Resolution Process, Group Insolvency, Cross-Border Framework, and Strict Timelines

The Insolvency and Bankruptcy Code (Amendment) Act, 2026 (Act No. 6 of 2026), notified on 06.04.2026, introduces a creditor-initiated resolution process for smaller corporate debtors, a group insolvency framework, cross-border insolvency rulemaking power, mandatory 14-day admission timelines, CoC supervision of liquidation, and civil penalties replacing criminal offences, among other significant changes.

Civil

Frivolous Contempt Petition Against Judicial Officer Dismissed with Rs. 1,00,000/- Costs: Punjab and Haryana High Court

The Punjab and Haryana High Court dismissed a contempt petition filed against a Judicial Officer and imposed costs of Rs. 1,00,000/- on the petitioner, holding the petition to be a gross abuse of the process of law.

Insolvency

Interim Moratorium Under Section 96 IBC Cannot Unsettle a Confirmed SARFAESI Auction: NCLT Chandigarh

The NCLT Chandigarh Bench held that where an e-auction has been conducted and sale confirmed before the filing of an application under Section 94 of the IBC, the interim moratorium under Section 96 cannot reverse or stall the concluded sale.