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CIRP TRANSPARENCY
More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....
NCLAT reverses insolvency proceedings against Vatika LtdThe National Company Law Appellate Tribunal has overturned a lower court's decision to start insolvency proceedings against real estate fir...
NCLAT rejects Reliance Realty plea, says liquidation to be completed in shortest possible timeThe National Company Law Appellate Tribunal has dismissed Reliance Realty's appeal. The tribunal upheld an earlier order allowing the liqui...
IBBI proposes recording of CoC deliberations on eligibility of bidders in CIRPThe IBBI proposes mandatory documentation of CoC deliberations on resolution applicant eligibility under Section 29A of the IBC to enhance ...
NCLAT directs NCLT to promptly decide stay on EoI for Jaiprakash Power, Jaypee FertilisersThe NCLAT has directed the NCLT to expedite its decision regarding the stay on inviting Expression of Interest for Jaiprakash Associates' i...
IBBI moves to tweak Bankruptcy Code for speedier resolutionsThis would benefit creditors in long-running cases like KSK Mahanadi, under CIRP since October 2019. IBBI has asked stakeholders to submit ...
IBBI suggests monitoring panel to oversee resolution planIndia's Insolvency and Bankruptcy Board (IBBI) is proposing mandatory monitoring committees to oversee the execution of resolution plans un...
UPPCL's plea may delay KSK Mahanadi resolution processThe Uttar Pradesh Power Corp has filed a writ petition to consolidate insolvency proceedings of KSK Mahanadi and its subsidiaries, potentia...
NCLT dismisses resolution for Rajesh Lifespaces' hotels business, orders rerunThe NCLT has dismissed the resolution plan for Rajesh Business & Leisure Hotels due to non-compliance and procedural irregularities. Stakeh...
IBBI proposes amendments to insolvency rules; seeks public commentsIBBI proposes amendments to enhance efficiency and reduce costs in the Insolvency Resolution Process for Corporates, seeking stakeholder in...
Unlocking India's economic promise: Can IBC act as a catalyst for expansion?Before IBC's implementation, insolvency and bankruptcy matters were not governed under a single law and were addressed via several statutes.
Government mulls new framework to put IBC cases on fast trackThe details will be finalised after broader stakeholder consultations. "The government has studied the best practices of several jurisdicti...
IBBI proposes code of conduct for transparent working of committee of creditorsThe discussion paper related to CIRP, released on Friday, is focused on three issues — code of conduct for committee of creditors (CoC), re...
IBBI proposes code of conduct for committee of creditors; seeks public commentsThe discussion paper related to CIRP is focused on three issues -- code of conduct for committee of creditors (CoC); restrictions on reques...
Insolvency resolution process rules updatedThe new rules will require resolution professionals to provide details about their opinion on avoidance transactions of the corporate debto...
IBBI amends regulations; seeks to enhance discipline, transparency in insolvency processThe Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process...
IBBI 'inadvertently' puts out Aadhaar, PAN info of creditors on website; removes them laterA senior official said the details came into the public domain "inadvertently" as the regulator is working on a beta project to host the in...
Jury is still out on whether bankrupt companies be allowed to trade on boursesRetail shareholders are often at the losing end of bankruptcy resolutions at companies. Among other recent examples, hundreds of thousands ...
Bad loans: Is this really resolution or just another waiver? Here is Jaitley's answerJaitley here puts in perspective and clear doubts about a complex banking and accounting issue.
Should revised bids be allowed in the insolvency resolution process?The Binani Cement and the Bhushan Power & Steel cases highlight the importance of having a clear and credible process of bidding for stress...