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NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...- SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunalA key creditor has withdrawn its appeal against Nirmal Lifestyle's resolution plan after the buyer, Mantra Properties, clarified a disputed...
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
- 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 upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
- After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency caseEnterprises has filed a caveat before the Supreme Court anticipating a challenge by Vedanta against the National Company Law Appellate Trib...
- NCLT approves Rs 730 cr resolution plan for Rajesh Business & Leisure HotelsThe National Company Law Tribunal has approved a revival plan for Rajesh Business & Leisure Hotels. A consortium of Rare Asset Reconstructi...
- NCLAT dismisses Vedanta's plea against Adani's Jaiprakash bidA company law appeals court has rejected Vedanta Ltd's challenge to Gautam Adani's group winning bid for bankrupt firm Jaiprakash Associate...
- NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
- Vedanta shares jump 8% after demerger. Should buy, sell or hold the stock?Vedanta share price surged 8% after its demerger into four entities, with analysts highlighting improved business focus but increased conce...
- RBI clears Subrat Mohanty’s reappointment as Axis Bank Executive Director for three yearsAxis Bank announced a significant development today. The Reserve Bank of India has given its approval for Subrat Mohanty's reappointment. H...
- Vedanta's plea indirectly challenges commercial wisdom of CoC: Adani to NCLATAdani Enterprises told NCLAT the Jaiprakash Associates resolution process followed due procedure, with evaluation metrics disclosed upfront...
- IL&FS moves NCLAT to update CoC vote sharesIL&FS is adjusting creditor voting rights in committees. This change reflects current outstanding debt after nearly ₹18,000 crore in interi...
- IBC: There's a need to bring necessary balance in the CoC’s compositionIn the overall IBC scheme of insolvency resolution, the CoC has a pivotal role. The robustness of the resolution plan hinges upon the integ...
- 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...
- Dangerous to let viable companies close down: IBBI chiefThe Insolvency and Bankruptcy Board of India (IBBI) Chairperson also noted that CoCs must provide all relevant information to resolution ap...
- Right to equality can be invoked if COC violates IBC: NCLT ChairmanKumar further said in case of any violation of enacted law by CoCs comes into notice in examining the business restructuring plan and propo...
- Insurance companies create policies to protect IRPsInsolvency resolution professional is appointed as CEO by lenders during the bankruptcy proceedings.
- Small community-owned firms give rural artisans a stake in projectsSmall community-owned firms, promoted by a Fabindia company, give rural artisans a stake in projects in their regions and bring them into t...
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