NCLAT rejects DoT's 469-crore claim appeal in Rolta insolvency; upholds resolution planThe NCLAT has officially dismissed the Department of Telecommunications' (DoT) appeal against Rolta India's resolution plan, stating it has...
SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim IndustriesThe Supreme Court upheld an NCLAT order concerning Grasim Industries. This decision set aside a significant penalty previously imposed by t...
India climbs 25 places to 57th in global rankings on back of structural, pro-competitive reformsIndia's position in structural and global rankings has improved from 82nd to 57th as per a statement by the Ministry of Commerce & Industry.
NCLT rejects Authum's plan for Vas Infra over CIRP issueThe NCLT rejected Authum Investment's plan for Vas Infrastructure due to irregularities. The tribunal found misrepresentation of assets and...
India 25 notches up on global competitiveness indexIndia advanced 25 places to rank 57th globally in a competitiveness index. This improvement reflects sustained efforts in reducing market d...
Adults have right to choose life partners: Calcutta HC orders protection for inter-faith weddingThe Calcutta High Court directed law enforcement to secure an upcoming inter-faith marriage in Howrah, emphasizing that adult individuals h...
SC says insolvency shield cannot protect real estate promoters from homebuyers' casesThe Supreme Court ruled promoters and directors cannot use insolvency moratorium against homebuyers. This decision provides significant rel...
JC Flowers Asset Reconstruction Company in talks to merge into Assets CareJC Flowers Asset Reconstruction Company is in talks to merge with ACRE. This move would create one of the largest bad-loan aggregators in I...
Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...
Byju’s RP moves NCLT against Google in fresh data-access disputeResolution professional Shailendra Ajmera, who’s backed by EY, has filed an application under Section 60 (5) of the Insolvency and Bankrupt...
Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
Byju’s-BCCI settlement remains stalled; NCLT pauses buyer searchByju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision ...
Supertech twin towers: SC defers hearing on plea seeking refund for homebuyersThe Supreme Court has deferred a plea for Supertech twin-towers homebuyers' refunds. A submission on the efforts to satisfy homebuyers not ...
NCLT approves Aspect JV's resolution plan for Radius & Deserve Land DevelopersThe NCLT approved Aspect Group's resolution plan for Radius & Deserve Land Developers. This approval concludes the company's corporate inso...
MCA plans unified digital platform for insolvency ecosystem, seeks stakeholders’ inputsThe Ministry of Corporate Affairs has proposed creating a unified digital platform for India's insolvency ecosystem to speed up the resolut...
SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVLThe Supreme Court will hear Venugopal Dhoot's plea against an NCLAT order. This order upheld separate insolvency proceedings for two Videoc...
Gratuity, leave encashment not part of CIRP cost: NCLATThe NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' f...