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INSOLVENCY AND BANKRUPTCY CODE
NCLT approved 107 resolution plans worth Rs 11,000 crore in Q2The National Company Law Tribunal has set a new benchmark by approving 107 Resolution Plans in the second quarter of FY 2026–27, a remarkab...
Factories of future: Built on 25 years of reform & executionIndia's industrial sector has seen significant growth under Modi's leadership, emphasising infrastructure development and reforms. The Vibr...
Shaktikanta Das, PM's Principal Secretary-2, says India within striking distance of 8% growthShaktikanta Das highlighted India's impressive 7.8% GDP growth in the first quarter of the financial year. He emphasized the role of strong...
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity RealtyKotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to ...
India to mandate facial scans for airport staff, fast-track full-body scanners after Flydubai incidentIndia will make facial recognition mandatory for airline and airport employees and expedite full-body scanner deployment at eight major air...
NCLT rejects Uniton Infra insolvency plea against Shapoorji Pallonji over Rs 4.31 crore claimThe National Company Law Tribunal rejected Uniton Infra’s plea seeking insolvency proceedings against Shapoorji Pallonji & Co over an alleg...
ARCs seek govt help to speed up recoveryAsset reconstruction companies have called for improved government intervention to accelerate debt recovery through DRTs. They proposed cha...
India a 'bright spot' amid uncertainty: Shaktikanta DasIndia recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7....
NCLAT dismisses Affle 3i's plea against insolvency of Talent Unlimited Online ServicesNCLAT has dismissed an appeal by Affle 3i Ltd concerning insolvency proceedings against Talent Unlimited Online Services Pvt Ltd. The dismi...
IBC helps 1.4 lakh homebuyers move closer to possession as developers revive stalled projectsIndia's insolvency framework has helped more than 1.4 lakh homebuyers receive homes from stalled projects. Major developers, like Adani Rea...
McNally Bharat: ED probes 'backdoor return' of old power network via IBCEnforcement Directorate has traced ₹105 crore of cash infusion to McNally Bharat Engineering from Vishwa Group entities. The funds moved th...
How will tribunals function if no infrastructure? SC directs Centre to identify amenities requiredThe Supreme Court on Monday directed the Centre to urgently identify infrastructure requirements at National Company Law Tribunal benches 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...
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...