The Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...

The National Company Law Appellate Tribunal has reserved its judgment in the Jaypee insolvency case. Vedanta Group argued the resolution pr...

The Corporate Affairs Ministry is embarking on an initiative to streamline company law filings, merging various forms into a more user-frie...

India plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...

Rupee volatility has become central to India’s distressed deals, driving stress for firms with dollar debt despite stable operations. Eleva...

IBC: India's insolvency regulations could soon see a significant shift. The proposed changes could allow company promoters facing defaults ...

The National Company Law Tribunal has officially sanctioned Adani Enterprises' acquisition of Jaiprakash Associates, marking a historic mom...

A parliamentary panel has urged the government to set strict deadlines for resolving bankruptcy cases. It also called for designing framewo...

The government has delayed plans to introduce cross-border insolvency and an out-of-court individual delinquency mechanism. These provision...

Emphasising that the government and regulator IBBI have been constantly making course corrections to address any gaps in the Insolvency and...

It mentioned about the report of the Insolvency Law Committee, which had recommended the adoption of the United Nations Commission on Inter...

Rightly, India wants to adopt the UNCITRAL Model Law of Cross Border Insolvency, 1997, aligning with global practice.

Based on the feedback, the government will try and move a Bill to amend the Insolvency and Bankruptcy Code (IBC) in the upcoming winter ses...

The new framework applies to defaults occurring during the pandemic and is based on the ‘debtor-in-possession’ model with the involvement o...

The changes include cross-border insolvency framework and harsher punishments for irregularities.

The Insolvency Law Committee (ILC), chaired by Corporate Affairs Secretary Injeti Srinivas, on Monday submitted its report on the matter to...

The Insolvency Law Committee (ILC), headed by Corporate Affairs Secretary Injeti Srinivas, is studying the feasibility of introducing cross...