Rescue of insolvent firms under the Insolvency and Bankruptcy Code has improved, with 1.3 firms saved for every firm liquidated in the fisc...

The Insolvency and Bankruptcy Board of India has suggested regulatory amendments like a two-stage approval for rescue plans, early takeover...

The bankruptcy regulator has introduced new rules for information utilities (IUs) to enhance their operational efficiency and expediate ins...

The Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline for insolvency professionals to submit electronic forms for l...

The Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline for liquidators and Insolvency Professional Agencies to file ...

Amid delays in case admissions under the insolvency law, NCLT President emphasised the need for more manpower. Financial institutions file ...

The Centre is set to introduce a creditor-led insolvency resolution mechanism to expedite recoveries and reduce the burden on bankruptcy co...

The primary objective is not only to expedite resolution of insolvency cases, which has significantly slowed down recently, but also to ens...

Future Retail confirmed the insolvency professional's move to initiate the liquidation process. The application for liquidation under Secti...

The government's prepackaged resolutions for MSMEs is also likely to put further strain on the system. Bankers, lawyers, Insolvency and Ban...

Data for the June quarter, released a few days ago, also showed that in three of the 12 cases where resolution took place, lenders managed ...

The promoters of the company did not submit resolution plans while it defaulted on a loan of about Rs 80 crore, where SBI has 95% exposure.