The Mumbai bench of the National Company Law Tribunal has admitted Supha Pharmachem into the Corporate Insolvency Resolution Process (CIRP)...

NCLAT supported NCLT's decision. The insolvency case against Amazon India was dismissed. Multiplier Brand Solutions claimed Amazon owed the...

NCLAT freed Sporta Technologies from CIRP after rejecting Reward Solutions' petition linked to a ₹7.61 crore default, aligned with Section ...

NCLAT ordered the IRP of Sporta Technologies, operator of Dream 11, to maintain the company as a going concern, halting insolvency steps du...

The National Company Law Appellate Tribunal (NCLAT) has stayed the NCLT Mumbai bench's order to initiate a Corporate Insolvency Resolution ...

The tribunal appointed Madan Bajrang Lal Vaishnawa as the interim resolution professional to conduct the insolvency resolution process. Piy...

The Sahara Group company had entered into a service agreement with the Sigma Supply Chain Solution for handling, storage, maintenance, admi...

The financial creditors include Azim Premji Trust at Rs 227.20, IDFC Bank at Rs 214 crore, Yes Bank at Rs 71 crore and State Bank of India ...

The Insolvency and Bankruptcy Board of India (IBBI) has amended the regulations with the "objective to maximise value in resolution" and th...

"With the initiation of the CIRP (Corporate Insolvency Resolution Process) in FRL, the company would be required to quantify its receivable...

The NCLT had allowed the withdrawal application filed by Ebix under Section 60(5) of the IBC to withdraw its Resolution Plan submitted for ...

“The 2008 financial crisis had witnessed a sharp increase in corporate and personal insolvencies all over the world and that is an indicati...

Under a pre-packaged insolvency plan, debtors and creditors agree upon the restructuring plan in advance, helping speed up the process.

After extensive deliberations and considerations on the current and future cash flow requirements of MKTSN clubbed with COVID 19 pandemic i...

As part of efforts to fast-track processing of cases, the government has been mulling introduction of the provision for pre-packaged (pre-p...

Athena Energy owes Rs 550 crore to Indian Bank and Corporation Bank as working capital dues that the lenders were unable to recover from th...

Sumant Batra, president of UK-based International Association of Restructuring and Insolvency Professionals (INSOL), which has been assisti...