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notification Bar&Bench Tuesday, 5 May 2026 NEW

Same transaction, same facts, same bench, different orders: NCLAT pulls up NCLT

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Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
 
 
 
Summary
 
The National Company Law Appellate Tribunal (NCLAT) recently set aside the admission of insolvency proceedings against Equinox India Developments Limited, now known as Embassy Developments Limited, in a case filed by Canara Bank. (Rajesh Kaimal v. Prabhat Ranjan Singh)A coram of Chairperson Justice Ashok Bhushan and Technical Member Barun Mitra allowed an appeal filed by Rajesh Kaimal, suspended director of the corporate debtor, against a December 9, 2025 order of the National Company Law Tribun
 
  
 
 
Key Facts
 
 
 Type Notification 
 
 Source Bar and Bench 
 
 Published Tuesday, 5 May 2026 
 
 Affected Population ~850 million internet users, 75,000+ startups 
 
 
 
 
Key Numbers
 
 
    Rs 15,000 crore for Digital India initiatives 
    UPI: 14 billion monthly transactions 
    850 million+ Aadhaar-linked mobiles 
    500 GW non-fossil fuel capacity target by 2030 
 
 
 
  
 
 
Key Authorities
 
 Ministry of Electronics & ITTRAICERT-InMinistry of PowerMinistry of New & Renewable Energy 
 
 
 
Key Stakeholders
 
 Internet UsersTech CompaniesStartupsPower ConsumersDISCOMsCoal Industry 
 
 
 
Government Context
 
 
 NDA III BJP-led NDA 
 
 
 
  Centre-Right 
 
 
 Left Centre Right 
 
 
 
 
      
 
Explore Sectors
 
  Digital & Technology 1333 tracked →  Energy 423 tracked →  Social Protection 1377 tracked →  
 
  
 
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