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INSOLVENCY BANKRUPTCY CODE
Reforms improved India’s competitiveness, strengthened resilience: CII’s R MukundanReforms in taxation and digital infrastructure have boosted India's economic competitiveness. GST and the JAM trinity integrated millions i...- ED to fast-track 10 big PMLA cases in each regionThe Enforcement Directorate aims to expedite money-laundering trials within eight months. Zonal offices will identify key cases for acceler...
- Insolvency appeals are time-bound, no leeway beyond 45 days: NCLATThe NCLAT stressed insolvency proceedings are time-bound and appeals must be filed promptly. An appeal against a revival order was rejected...
- ED chief orders action against IBC frauds, large haircuts to promotersThe ED director has ordered increased action on IBC fraud cases. He also directed steps for police FIR delays in certain states. Investigat...
- NCLT rejects Jet Airways' liquidator plea seeking Rs 500 crore from BoeingThe National Company Law Tribunal dismissed Jet Airways' plea for a refund from Boeing. The tribunal cited a contractual dispute over advan...
- Suraksha Group says Jaypee flats to be delivered by March 2028Suraksha Group is set to complete twenty thousand homes from Jaypee Infratech by March twenty twenty-eight. Despite numerous towers built, ...
- GFF 2026: NITI Aayog's Rajiv Gauba calls for deregulation as defining feature of India's next-generation reformsNITI Aayog member Rajiv Gauba called for simpler rules and hassle-free processes. He emphasised deregulation and doing away with license ap...
- CBI books Essel Group chairman Subhash Chandra, others over alleged ₹1,322 crore LICHFL loan lossSubhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to ...
- Subhash Chandra case: CBI lodges FIR against Essel Group chairman, others in Rs 1,322 cr fraudThe CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal ...
- Finance Minister pitches India's reform-led growth story to US InvestorsIndia remains the world's fastest-growing major economy, achieving 7.8% growth in Q1 FY27. The finance minister highlighted government focu...
- Corporate stress remains benign despite IBC delays and deep haircuts: KotakIndia's corporate credit cycle is expected to remain stable in the near future. Strong corporate balance sheets and moderate debt levels su...
- Subhash Chandra opposes NCLT’s five-member bench in personal insolvency caseDuring a recent hearing on a repayment plan challenge, Subhash Chandra, chairman of Essel Group, contested the constitution of the NCLT ben...
- NCLT puts Subhash Chandra repayment plan on hold, bars him from alienating propertiesA special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. The tribunal noted no majority vie...
- Rajesh Exports repays ₹510 crore dues to Canara Bank after DRT orderCanara Bank recovered all dues totaling ₹510 crore from Rajesh Exports. This recovery followed an order by a debt recovery tribunal. The ba...
- NCLT forms 5-member bench to decide on Subhash Chandra's Rs 6.5 crore repayment planA new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case involves claims exceeding twenty-two th...
- Subhash Chandra Rs 22,000 cr case: NCLT fails to get majority view on insolvency plan with 99.7 percent haircutSubhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opposed a proposed repayment plan off...
- Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...
- Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
- 'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's Rs 6.5 crore payoutThe NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding dues of Rs 22,006 crore. This drast...
- Rs 22,006 crore claims, Rs 6.5 crore payout: NCLT clears Subhash Chandra planThe insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore c...
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