'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
30 Jun, 2026, 12.30 AM IST
Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...
26 Jun, 2026, 05.25 PM IST
NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...
25 Jun, 2026, 07.17 PM IST
Why Meta tapped Kunal Shah; Beauty’s new factory boomHappy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a pay...
24 Jun, 2026, 08.05 AM IST
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
12 Jun, 2026, 06.46 PM IST
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
10 Jun, 2026, 05.12 PM IST
IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiencyThe Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...
28 May, 2026, 07.57 PM IST
IBC: Creditors realised Rs 4 lakh cr; cases involving Rs 14 lakh cr settled in pre-admission stageIndia's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionall...
28 May, 2026, 03.19 PM IST
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
27 May, 2026, 11.33 AM IST
JM Financial ARC top bidder for Rs 971-cr DLI debtJM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure Pvt Ltd's Rs 971 crore debt, offering Rs 621...
27 May, 2026, 08.46 AM IST
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
ATS Nobility Estates exits insolvencyThe National Company Law Tribunal has permitted the withdrawal of insolvency proceedings against ATS Group's Nobility Estates. This decisio...
14 May, 2026, 08.34 AM IST
NCLT approves Rs 730 cr resolution plan for Rajesh Business & Leisure HotelsThe National Company Law Tribunal has approved a revival plan for Rajesh Business & Leisure Hotels. A consortium of Rare Asset Reconstructi...
05 May, 2026, 12.42 PM IST
Operational creditors trail financial lenders in spurring insolvency casesData reveals a shift in insolvency case initiations, with operational creditors now trailing financial creditors for the first time since f...
31 Aug, 2025, 11.58 PM IST
Supreme Infrastructure India's settlement plan for creditors gets NCLT nodThe National Company Law Tribunal (NCLT) has sanctioned the settlement plan for Supreme Infrastructure India's ₹2,200 crore financial liabi...
03 Apr, 2025, 01.04 AM IST
NCLT allows withdrawal of liquidation proceedings against Prag DistilleryAllowing a section 12A plea filed by the liquidator, the Mumbai bench of the NCLT said the proposal to withdraw the petition against Prag D...
28 Jun, 2023, 06.59 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