Tagged “debenture-trustee”

2 articles on debenture-trustee.

TribunalNational Company Law Appellate Tribunal

Surender Singh v. IDBI Trusteeship: real-estate CIRP confined to a single project

The NCLAT upheld a Section 7 admission against Vatika Ltd. but modified the order, confining the CIRP to a single project rather than the whole developer.

Valkya Editorial·15 Jun 2026·6 min

Supreme CourtSupreme Court of India

Catalyst Trusteeship v. Ecstasy Realty: debenture-trustee Section 7 restored

On 24 February 2026, the Supreme Court restored a ₹600 crore Section 7 IBC petition, holding that informal restructuring with one debenture holder cannot defeat a debenture-trustee application that did not follow the Debenture Trust Deed's amendment procedure.

Valkya Editorial·2 Jun 2026·8 min