TVS Supply settles dispute with ZTE, withdraws insolvency plea in NCLATTVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India. The company withdrew its appeal against an order that rejec...
The rupee’s swing: When currency becomes the deal maker or breakerRupee volatility has become central to India’s distressed deals, driving stress for firms with dollar debt despite stable operations. Eleva...
Defaulting company promoters to be given new lease of life? All eyes on a big new IBC proposalIBC: India's insolvency regulations could soon see a significant shift. The proposed changes could allow company promoters facing defaults ...
NeSL enabling real-time access to digital debt & claims data in insolvency casesNeSL is providing instant access to digital default records for insolvency cases. This helps authorities quickly verify debt and claims. Am...
Personal guarantors to bankrupt firms will need to declare crypto holding, art collections in IBC proceedingsNew draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...
Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...
Parliament Budget Session: HM Amit Shah to move CAPF Bill in Lok Sabha todayUnion Home Minister Amit Shah will present the Central Armed Police Forces (General Administration) Bill, 2026, in the Lok Sabha on Thursda...
Committee of creditors can invite land authorities in realty insolvency cases: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman announced amendments to insolvency regulations, allowing land authorities to join creditor meetings. Th...
Parliament passes amendments to IBC to quicken resolution process, reduce backlogParliament has approved changes to the Insolvency and Bankruptcy Code. These amendments aim to speed up resolutions and improve the financi...
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) BillThe Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, replacing the underutilized fast-track process with a new cre...
IBC helped banks recover 52% bad loans: Nirmala SitharamanIndia's insolvency law has significantly boosted the banking sector. The Insolvency and Bankruptcy Code has helped rescue struggling compan...
ED has attached proceeds of crime worth Rs 64,920 cr in bank fraud cases: FM Nirmala SitharamanIn the Lok Sabha, Nirmala Sitharaman said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from eva...
IBC reforms: Government moves to fix insolvency delaysET looks at how the proposed amendments to the decade-old law, blamed by critics for causing inordinate delay in the rescue or liquidation ...
Finance Minister Nirmala Sitharaman moves Bill to amend IBC, speed up resolutionA new bill aims to speed up bankruptcy resolution in India. Finance Minister Nirmala Sitharaman introduced amendments to the Insolvency and...
Government introduces bill to amend companies, LLP laws; proposes changes in CSR normsThe government has proposed significant amendments to company and LLP laws to boost ease of doing business. Key changes include decriminali...
Union Cabinet approves key changes to IBC and Companies Act 2013The Union Cabinet has approved amendments to the Insolvency and Bankruptcy Code (IBC) and the Companies Act, 2013, according to sources. Th...
Send IBC bill to standing committee: Opposition in Lok SabhaHowever, the government said the amendments to the Insolvency and Bankruptcy Code (IBC) is intended to provide relief to homebuyers and the...