Shivinder Mohan Singh, the former Fortis Healthcare promoter, has sought personal insolvency before the NCLT, citing liabilities exceeding ...

A Delhi court has ordered the attachment of Bikaner House, owned by the Nokha municipal council in Rajasthan. The order comes after the cou...

Justice Sachin Datta passed the order on an application filed by Daiichi Sankyo seeking the sale of the Fortis trademark, owned by RHC Heal...

The Supreme Court ruled that the date for determining the conversion rate of foreign arbitral awards into Indian rupees is when the award b...

The Delhi High Court has requested SpiceJet's Managing Director Ajay Singh to appear in January in a dispute over interest dues on an arbit...

The Delhi High Court on Wednesday allowed Kal Airway's and its promoter Kalanithi Maran's application seeking 50 per cent of the daily reve...

Maran and Kal Airways had moved the high court over the share-transfer dispute, with SpiceJet demanding that 18 crore warrants redeemable a...

The top court said if a corporate debtor opposes the initiation of insolvency proceedings on the ground that it has a money award in its fa...

The Mumbai bench of the NCLT, headed by Pradeep Narhari Deshmukh and Shyam Babu Gautam, reserved the order on the matter. In April this yea...

A two-member NCLAT bench had admitted an appeal filed by Daiichi Sankyo against an order passed by the National Company Law Tribunal (NCLT)...

The order was passed by a bench of Justices L Nageswara Rao and B R Gavai. The high court on March 10 had directed the DMRC to pay over Rs ...

Ganguly, the current president of the Board of Control for Cricket in India, had moved the court in his personal capacity against Percept T...

The high court has been hearing the petition filed by Japanese pharma major Daiichi Sankyo seeking execution of Rs 3,500 crore Singapore tr...

A Garnishee Order Absolute prevents the garnishee from making repayment of the debt owed to the judgement debtor.

While bankruptcy filing for corporates is well-organised under the IBC, it isn't as streamlined for individuals.

This would be the first time that the Singhs would appear in court in Daiichi's case in India, which has been going on since May 2016.

Every delayed payment has a chain of further delayed payments and consequent breach of promises. Timely payments have now become crucial in...