TAG: "NCLAT"

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Atria Power Faces Multi-Court Battle Over INR 1000 Cr Loan Default

Atria Group faces legal proceedings across NCLT, NCLAT, and High Courts as lenders invoke pledged shares and initiate insolvency action following INR 1,000 crore defaults, impacting subsidiaries and renewable operations.

NCLAT | March 25, 2026 | By EI News Network 646

NCLAT Upholds Adani Power’s INR 4,000 Cr Resolution Plan for Vidarbha Industries Power

NCLAT dismisses challenges to Adani Power’s INR 4,000-crore Vidarbha Industries Power Ltd. (VIPL) resolution plan, reinforcing IBC principles and sector stability.

NCLAT | January 20, 2026 | By EI News Network 1158

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