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CREDITOR RIGHTS IN BANKRUPTCY
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...17 May, 2026, 02.51 PM IST- After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency caseEnterprises has filed a caveat before the Supreme Court anticipating a challenge by Vedanta against the National Company Law Appellate Trib...06 May, 2026, 12.35 PM IST
- NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...04 May, 2026, 12.45 PM IST
- Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...02 May, 2026, 04.50 PM IST
- Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...02 May, 2026, 04.49 PM IST
- Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...01 May, 2026, 09.50 PM IST
- US considers using Defense Production Act in Spirit Airlines restructuring, source saysThe US government is exploring options to support Spirit Airlines. The Defense Production Act may be used to provide financial assistance. ...25 Apr, 2026, 09.11 AM IST
- Spirit Airlines bailout: Will over 17,000 jobs be protected or big shocking lay offs on the way?Spirit Airlines' liquidation would eliminate more than 17,000 jobs, an expert said.24 Apr, 2026, 09.02 PM IST
- Lavasa homebuyers file plea at NCLAT against resolutionHomebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...24 Apr, 2026, 10.44 AM IST
- Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...23 Apr, 2026, 11.37 PM IST
- Personal guarantors to bankrupt firms will need to declare crypto holding, art collections in IBC proceedingsNew draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...04 Apr, 2026, 06.38 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
- FTX gets official creditors' committee in its bankruptcy caseThe committee - which includes a mix of individual account holders, investment funds, and an affiliate of U.S. crypto firm Genesis - will r...16 Dec, 2022, 10.58 AM IST
- ET View: Welcome tweaks in the bankruptcy codeThe changes, to be ratified by Parliament, will help clear backlog of pending cases.18 Jul, 2019, 01.21 PM IST
- Operational creditors benefit equally from IBC: IBBIIn December, the NCLT had observed that operational creditors should have voting rights to have a bigger say in any resolution process.09 Mar, 2019, 11.09 PM IST
- Ringside View: Inter-creditor agreement- dead on arrival?For loans already in default when the circular was issued, the 180-day countdown begins from March 1which gives banks time till August 31 t...16 Jul, 2018, 10.05 AM IST
- Lyondell wins court approval for settlement with creditorsLyondellBasell today said it has won the US bankruptcy court's approval for reaching a settlement with its creditors, paving the way for th...12 Mar, 2010, 11.45 AM IST
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