The NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...

Why are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...

Frontier Airlines announced systemwide discounts and plans to add summer routes.

India plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...

New draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...

The Mumbai bench of the National Company Law Tribunal has admitted Supha Pharmachem into the Corporate Insolvency Resolution Process (CIRP)...

The NCLAT has granted an exemption to certain IL&FS Group companies from corporate social responsibility spending. This waiver applies to '...

India is introducing a voluntary group insolvency framework under the Insolvency & Bankruptcy Code to streamline the resolution of intercon...

A two-member bench of the Delhi-based NCLT admitted the request by the resolution professional (RP) of Go First, seeking an extension of th...

As Sri Lanka's creditor nations prepare for their first meeting on Tuesday to co-ordinate restructuring of the Indian Ocean nation's debt, ...

Kishore Biyani-led Future Retail had attempted to stave off bankruptcy by selling its companies to Reliance Industries' retail unit. Credit...

Rightly, India wants to adopt the UNCITRAL Model Law of Cross Border Insolvency, 1997, aligning with global practice.

“One thing we can be sure is that we will have all carve-outs that are required to safeguard domestic interests. We can’t adopt internation...

The sale of Wockhardt’s nutrition business to Abbott Laboratories has hit a roadblock as differences regarding rights on the sale proceeds ...

Secured and unsecured creditors of debt-ridden pharma firm Wockhardt are singing in different tunes to support the sale of the company’s nu...

Troubled pharma company Wockhardt’s corporate debt restructuring (CDR) plans that led to its overseas unsecured creditors taking the compan...

Indian consumer durable major Videocon Industries is understood to have faced a lot of resistance from its Korean rivals before it was sele...