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GO FIRST VOLUNTARY INSOLVENCY PLEA
NCLT dismisses Unity Small Finance Bank's insolvency plea against Awas Developers over default dateUnity Small Finance Bank's insolvency plea against Awas Developers was dismissed by the NCLT. The tribunal ruled the bank failed to pinpoin...- Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...
- NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
- US in talks with AI companies for voluntary model standardsThe U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcemen...
- NCLAT upholds ED's PMLA powers over insolvency moratoriumThe National Company Law Appellate Tribunal has ruled that companies in insolvency proceedings cannot shield assets suspected of being proc...
- Byju’s tablets, laptops gather dust in warehouse as insolvency drags onThe delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The ware...
- TMC MP Mahua Moitra alleges egg attack by BJP workers during Nadia visitTMC MP Mahua Moitra alleged BJP workers hurled eggs and shouted slogans during a protest outside an MLA's residence in Nadia, West Bengal. ...
- Kerala Assembly urges Centre to withdraw proposed FCRA amendmentsKerala Assembly unanimously passed a resolution demanding the Centre withdraw proposed FCRA amendments, citing severe impacts on voluntary ...
- IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
- Firstsource Solutions CFO Dinesh Jain violates insider trading codeFirstsource said the violation was procedural and unintentional. The company informed the stock exchanges that Jain had proactively disclos...
- Four things to know about South Africa's anti-migrant protestsSouth Africa is gripped by anti-immigrant unrest as citizen groups demand undocumented foreigners leave, leading to at least four deaths an...
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
- Gaming founders appeal to GST Council for personal liability relief after Supreme Court rulingReal money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...
- Ram temple donation row: Ayodhya lawyers boycott accused; demand for CBI probe; SC refuses urgent hearingSeparately, a plea seeking a time-bound investigation by a CBI-led multi-disciplinary team came before the Supreme Court, but the vacation ...
- Centre eases metrology rules for first-time violators; says fix it first, face action laterUnder the Legal Metrology Act, businesses can address minor first-time procedural errors without incurring immediate penalties. The newly i...
- Ram temple donation row: SC refuses urgent hearing on plea seeking fair probeThe Supreme Court has deferred an urgent plea seeking a time-bound probe into alleged embezzlement of Ram temple donations. Justices M M Su...
- Germany could revive conscription by mid-2027, senior MP tells AFPGermany is struggling to recruit soldiers and will have to decide by July 2027 at the latest whether to reintroduce compulsory military ser...
- Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
- Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
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