The recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...

On May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...

The National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...

The Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...

A new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...

IBC: India's insolvency regulations could soon see a significant shift. The proposed changes could allow company promoters facing defaults ...

NeSL is providing instant access to digital default records for insolvency cases. This helps authorities quickly verify debt and claims. Am...

Finance Minister Nirmala Sitharaman announced amendments to insolvency regulations, allowing land authorities to join creditor meetings. Th...

The Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, replacing the underutilized fast-track process with a new cre...

Vedanta Ltd has approached the Supreme Court challenging the rejection of its bid for Jaiprakash Associates Ltd. The mining giant claims it...

India's insolvency law has significantly boosted the banking sector. The Insolvency and Bankruptcy Code has helped rescue struggling compan...

Opposition members in the Lok Sabha criticized the Insolvency and Bankruptcy Code, citing its failure to ensure timely resolution of matter...

An Alvarez & Marsal India report on Thursday called upon all IBC stakeholders to focus on improving efficiency to resolve cases in a time-b...

Many potential buyers of bankrupt companies may pull out of the race or renegotiate valuations

National Company Law Tribunal (NCLT) had recently allowed 90 days extension for the resolution process of Jet Airways while in the case of ...

The amended law has given home buyers an equal status as other creditors and allowed withdrawal of insolvency proceedings under certain con...

These timelines may look difficult right now but if banks are a little proactive there are plenty of people in the market who want to inves...