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INSOLVENCY AND BANKRUPTCY CODE AMENDMENT 2026
NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) ActNew Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates 'debt' and 'default' for NCLT case ad...- Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...
- NCLT dismisses Unity Small Finance Bank's insolvency plea against Awas Developers over default dateUnity Small Finance Bank's insolvency plea against Awas Developers was dismissed by the NCLT. The tribunal ruled the bank failed to pinpoin...
- IBBI seeks tighter regulations around personal guarantors, valuation of insolvent firmsPersonal guarantors of struggling companies may lose their interim moratorium protection, as the insolvency regulator proposes changes to p...
- NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
- India's private credit market doubles to $25 billion AUM in five years: ReportIndia's private credit market is booming, nearly doubling to $25 billion in assets under management over five years, fueled by strong busin...
- NCLAT upholds full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...
- Two years on, govt eyes AI push for new criminal lawsMore than 16 lakh personnel have been trained on the implementation of the new laws. The three new criminal laws -- Bharatiya Nyaya Sanhita...
- IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
- TMC to oppose UCC in Bengal: Saugata Roy says it threatens personal laws of minority communitiesTrinamool Congress MP Saugata Roy has firmly opposed the Uniform Civil Code in West Bengal, asserting it infringes upon minority personal l...
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
- Akal Takht gives AAP govt one month to amend lawAkal Takht has directed the Punjab government to amend its anti-sacrilege law within a month, keeping it in abeyance until then. The highes...
- West Bengal assembly passes 4 key bills including anti-social activities lawWest Bengal Assembly passed four significant bills, including one to control anti-social activities and public property destruction. Amendm...
- 'One nation, one law is the demand across India': BJP President Samik Bhattacharya on West Bengal UCC BillWest Bengal BJP president Samik Bhattacharya on Monday reiterated the Bharatiya Janata Party (BJP)'s commitment to implementing the Uniform...
- Bengal set to table UCC, public safety bills today in AssemblyWest Bengal is set to introduce a Uniform Civil Code Bill, aiming to replace religious personal laws with a single set for all citizens, pr...
- Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...
- NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...
- NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
- New valuation rules seek fairer outcomes in bankruptcy casesNew Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code....
- Corporate affairs secy exhorts insolvency professionals to fast-track resolutionCorporate affairs secretary Deepti Gaur Mukerjee urged insolvency professionals to "push boundaries of corporate turnaround" to rescue dist...
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