NCLT Rejects ₹4.31‑Crore Insolvency Petition Against Shapoorji Pallonji

By United One News · AI-generated summary of 2 outlets' reporting

Published 1 Oct 2026, 16:47 UTC · Updated 1 Oct 2026, 19:46 UTC

AI-generated summary of the coverage listed below:

The National Company Law Tribunal dismissed Uniton Infra’s request to start a Corporate Insolvency Resolution Process against Shapoorji Pallonji and Company for a ₹4.31‑crore debt.

• The petition was rejected because the debt fell within the COVID‑19 exclusion period under Section 7(2)(b) of the IBC.
• Uniton Infra had claimed an operational debt of ₹4.31 crore owed by Shapoorji Pallonji.
• The tribunal ruled that the debt did not meet the IBC threshold for insolvency proceedings.

Covered by 2 outlets across the spectrum: 0% left, 100% center, 0% right.

How each side framed it

NCLT Rejects ₹4.31-Crore Insolvency Plea Against Shapoorji Pallonji Over IBC Threshold, COVID Exclusion

Timeline

First reported by Free Press Journal on 1 Oct 2026, 16:47 UTC; 2 articles from 2 outlets so far.

Who is covering this story

• Center (2): Free Press Journal, Economic Times

Sources

• NCLT Rejects ₹4.31-Crore Insolvency Plea Against Shapoorji Pallonji Over IBC Threshold, COVID Exclusion — Free Press Journal (center) · 1 Oct 2026, 16:47 UTC
• NCLT rejects Uniton Infra's plea against SP group — Economic Times (center) · 1 Oct 2026, 19:46 UTC

What an outlet bias classification means