IBBI seeks to strengthen due diligence on bidders' compliance with Section 29AThe Insolvency and Bankruptcy Board of India (IBBI) is enhancing the insolvency framework. Now, resolution professionals are required to su...
19 Nov, 2025, 07.28 PM IST
IBBI moots resolution gains for all affected homebuyersThe insolvency watchdog has proposed extending resolution benefits to all homebuyers of bankrupt real estate developers, regardless of clai...
19 Nov, 2025, 12.32 AM IST
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 ...
12 Aug, 2025, 12.55 AM IST
Bidders of stressed assets have to declare their beneficial ownership structure: IBBI paperThe Insolvency and Bankruptcy Board of India (IBBI) has proposed new measures to improve transparency and reduce litigation under the Insol...
06 Aug, 2025, 10.25 PM IST
IBC rules under review after scrapping of JSW Steel's BPSL acquisitionIndia is examining its insolvency rules after a Supreme Court ruling. The review focuses on adherence to processes and timelines by stakeho...
06 May, 2025, 12.35 AM IST
Realty insolvency reforms to push for streamlined solutions for homebuyers, lendersThe Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to expedite the insolvency process for real estate companies, aimi...
17 Nov, 2024, 10.16 PM IST
NCLAT allows Sarda Energy to seek tribunal nod for its SKS Power offerThe National Company Law Appellate Tribunal (NCLAT) has granted permission to Sarda Energy & Minerals (SEML) to pursue a final approval fro...
18 May, 2024, 06.15 AM IST
Rolta India lenders invite fresh revival bidsThe exchange filing stated that the plan proposed by the sole resolution applicant was rejected by the CoC with 87.41% dissent and now it i...
11 Oct, 2023, 11.45 PM IST
SC seeks Twinstar, Videocon RP replies on Dhoot pleaDhoot pleaded before the court that his resolution plan entails a "zero haircut" to lenders and also sought quashing of a National Company ...
17 Apr, 2023, 11.27 PM IST
- Supreme Court approves loan settlement offer by Siva Industries Promoters
Siva group founder C Sivasankaran's father, RCK Vallal, offered the settlement under Section 12A of the Insolvency and Bankruptcy Code, whi...
04 Jun, 2022, 12.44 PM IST
NCLT, NCLAT cannot sit in appeal over the commercial wisdom of CoC: SCThe top court made these observations while hearing appeals to the common judgment passed on January 28 by the NCLAT's Chennai Bench, in a ...
03 Jun, 2022, 07.38 PM IST
SC rejects challenge to approval of resolution plan of Reliance Infratel by operational creditorsA bench of Justices DY Chandrachud and M R Shah said that exclusion of some of the financial creditors from the Committee of Creditors (CoC...
10 Aug, 2021, 09.06 PM IST
Jaypee Infra insolvency: Suraksha group submits bid just before lenders meet on MondayNBCC, however, submitted its resolution plan. According to sources, Suraksha group has submitted its resolution plan just before the meetin...
07 Jun, 2021, 05.53 PM IST
CoC may consider NCLAT plan for Essar’s operational creditorsAppellate tribunal has suggested that operational creditors be paid at least 10% out of the proceeds from ArcelorMittal’s resolution plan.
16 Mar, 2019, 07.31 AM IST
Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations"Today CoC meeting of Bhushan Power & Steel was held .... Surprisingly, sanctity and confidentiality of meeting was breached ... news of de...
14 Aug, 2018, 11.58 PM IST
JSW seeks fresh round of bidding for Essar SteelThe NCLT directed the resolution professional (RP) to place before the CoC the first round of bids from Numetal and ArcelorMittal.
24 Apr, 2018, 06.53 AM IST
NCLT asks Binani Cement creditors to consider out-of-court settlementThe company also offered to pay off all its dues to the financial creditors within two weeks.
28 Mar, 2018, 08.13 AM IST