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DEBTOR SETTLEMENT
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight back- IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiency
- IBC: Creditors realised Rs 4 lakh cr; cases involving Rs 14 lakh cr settled in pre-admission stage
- More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....19 May, 2026, 11.40 PM IST
- NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...14 May, 2026, 02.12 PM IST
- NCLT admits Ansal API into insolvency proceedingsThe National Company Law Tribunal (NCLT) has commenced insolvency proceedings against Ansal Properties and Infrastructure after failing to ...25 Feb, 2025, 09.05 PM IST
- NCLAT closes insolvency proceedings against JHL as Max Healthcare settles creditor's claimsThe National Company Law Appellate Tribunal (NCLAT) has ended insolvency proceedings against Jaypee Healthcare, as financial creditors' due...18 Oct, 2024, 11.55 AM IST
- Byju's moves NCLAT against NCLT's insolvency order; seeks urgent hearingEdtech firm Byju's has moved the National Company Law Appellate Tribunal against the recent order of NCLT. The company is seeking an urgent...18 Jul, 2024, 05.44 PM IST
- Pre-pack insolvency a success for five companiesThe Pre-packaged Insolvency Resolution Process (PPIRP) settled operational creditors' claims in five cases. Introduced under the Insolvency...24 May, 2024, 12.38 AM IST
- FTX debtors settle claims over Embed deal with Sam Bankman-Fried, othersThe settlement agreement is between Bankman-Fried, and former FTX executives Nishad Singh and Gary Wang.24 Dec, 2023, 08.22 AM IST
- Promoters are clearing their dues faster under the threat of insolvencyAccording to government data, the threat of legal action has led many promoters to pay their dues, even before cases are admitted to the Na...24 Aug, 2023, 11.54 AM IST
- Out-of-court deals gain traction as lenders, companies look to avoid IBCAccording to the Insolvency and Bankruptcy Board of India, 23,417 applications for initiation of the Corporate Insolvency Resolution Proces...30 Nov, 2022, 10.28 AM IST
- NCLT allows plea for S Kumars' insolvency resolutionThe ARC had approached the Mumbai bench of the National Company Law Tribunal (NCLT) against the over seven-decade-old textile maker and lea...21 Nov, 2022, 12.28 AM IST
- Supreme Court rules in favour of ARCIL in Tulip Star Hotels bankruptcy caseThe appellate tribunal had accepted the hotel operator’s claim that the ARC filed its case against the company under the Insolvency and Ban...13 Aug, 2022, 12.43 PM IST
- NCLT initiates insolvency proceedings against a group company of realty developer ATS“In the present case, the corporate debtor has not filed any reply and written submissions till now. However, in view of the debt and defau...06 Apr, 2022, 06.30 PM IST
- Timely liquidation should be preferred over fruitless, endless resolution proceedings, says NCLAT"If the time period for Corporate Insolvency Resolution Period (CIRP) was extended but the Resolution Plan was not accepted by NCLT then li...31 Jan, 2022, 08.30 PM IST
- NCLT allows withdrawal of insolvency proceedings against MGF DevelopmentsOn Tuesday, NCLT had initiated insolvency proceedings against MGF on a application under Section 7 of the IBC Code, 2016 filed by The Vilas...06 Dec, 2021, 08.16 PM IST
- NCLT dismisses insolvency resolution withdrawal application of Rolta India promotersOne of Rolta India’s employees had filed a petition under CIRP at the Mumbai bench of the National Company Law Tribunal (NCLT) after the co...11 Aug, 2021, 08.26 AM IST
- NCLAT upholds NCLT order to initiate insolvency against HDIL, rejects Rakesh Wadhwan's pleaA three-member bench of the appellate tribunal observed that the NCLT had given ample opportunity to Housing Development & Infrastructure L...14 Jul, 2020, 05.30 PM IST
- Sterling Biotech case: Far-reaching NCLAT order sets new bankrupcty precedentThe company's promoters, Chetan Sandesara and Nitin Sandesara, are absconding and believed to be in Africa.04 Sep, 2019, 10.12 AM IST
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