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LEGAL COMPLIANCE IN INSOLVENCY
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...27 May, 2026, 02.40 PM IST- Embassy Developments retains 78-acre Kadugodi land possession after Karnataka HC rulingEmbassy East Business Park retains possession of 78 acres in Bengaluru's Kadugodi Industrial Area. The Karnataka High Court overturned a Ka...14 May, 2026, 11.15 AM IST
- Oberoi Realty & Nirmal Lifestyle get NCLT approval for mergerThe National Company Law Tribunal has approved the merger of Nirmal Lifestyle Realty with Oberoi Realty. This move will simplify Oberoi Rea...13 Apr, 2026, 11.19 AM IST
- New creditor-led IBC framework to put in place safeguards for stressed firm's managementNew creditor-led insolvency rules will impose strict financial transaction limits on stressed companies, requiring committee of creditors' ...02 Apr, 2026, 08.56 PM IST
- SC cancels bail granted to Satinder Singh Bhasin in Grand Venice Mall 'scam' caseThe Supreme Court has cancelled the bail granted to businessman Satinder Singh Bhasin. This is in connection with the alleged Grand Venice ...02 Apr, 2026, 12.37 PM IST
- IBBI seeks to strengthen due diligence on bidders' compliance with Section 29AThe Insolvency and Bankruptcy Board of India (IBBI) is enhancing the insolvency framework. Now, resolution professionals are required to su...19 Nov, 2025, 07.28 PM IST
- IBC moratorium does not shield individuals from penalties under consumer law: SCThe Supreme Court ruled that interim moratoriums under the Insolvency and Bankruptcy Code (IBC) do not protect individuals or companies fro...04 Mar, 2025, 10.34 PM IST
- JSW Energy to await CCI clearances before acquiring KSK Mahanadi Power following SC rulingJSW Energy is awaiting clearances, including CCI approval, before proceeding with its acquisition of KSK Mahanadi Power. The Supreme Court'...19 Feb, 2025, 12.20 AM IST
- NCLT dismisses resolution for Rajesh Lifespaces' hotels business, orders rerunThe NCLT has dismissed the resolution plan for Rajesh Business & Leisure Hotels due to non-compliance and procedural irregularities. Stakeh...14 Jul, 2024, 11.48 PM IST
- NCLT sees surge in voluntary liquidation as promoters seeking clean slateVoluntary liquidation is becoming a preferred choice for promoters to close unviable businesses and avoid losses and compliance costs. Most...30 May, 2024, 03.58 PM IST
- AWG downgrades India again as lessors fail to get back planes from Go FirstGlobal watchdog group Aviation Working Group (AWG) downgraded India to "negative" from "positive" on Thursday as foreign lessors have not b...07 Dec, 2023, 06.34 PM IST
- Aviation Working Group cuts India's compliance rating amid Go First-lessor issuesUnder the Cape Town Convention (CTC), lessors can take back the possession of aircraft leased to airlines. Since Go First is undergoing an ...27 Sep, 2023, 09.18 PM IST
- Future Retail's digital database prior to insolvency not available for verification, says Compliance OfficerUnder the Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, listed companies are required to...05 Dec, 2022, 09.06 PM IST
- Despite best efforts, India Inc just isn't able to contain this cost headThe total legal costs as disclosed by 78 of the Nifty-100 companies have increased at a compound annual growth rate of 10% in the past five...24 Dec, 2020, 09.32 PM IST
- NSE imposes Rs 1 crore penalty on Electrosteel Steels for non-compliance of disclosure norms"The company is reviewing NSE's letter and seeking appropriate legal advice,"06 Jul, 2018, 02.18 PM IST
- Shareholders can play spoilsport for lenders banking on resolution planAll significant decisions - such as offering preference shares to infuse funds into a defaulting company, selling properties - need to be a...29 Aug, 2017, 01.23 AM IST
- New Year, new requirements- Cos stare at high compliance costs with new lawsIncreased thrust on compliance has not been an overnight phenomenon. In the past four years, we have seen most corporate reporting requirem...02 Jan, 2017, 01.27 PM IST
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