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FINANCIAL CREDITOR SETTLEMENT
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
- IBC study calls for auction reform to boost MSME insolvency resolutionA new study suggests changes to how bankrupt micro, small, and medium enterprises are rescued. It proposes a single objective auction model...08 Apr, 2026, 12.45 AM IST
- Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...03 Apr, 2026, 04.15 PM IST
- NCLAT directs withdrawal of the insolvency against Mahagun as parties arrive at settlementThe NCLAT has allowed the withdrawal of insolvency proceedings against realty firm Mahagun after it reached a settlement with financial cre...22 Feb, 2026, 01.25 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
- 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
- Glas Trust moves SC to challenge removal from Byju's committee of creditorsSenior counsel Kapil Sibal, appearing for Glas Trust, which have claims of around Rs 11,500 crore, told a Bench led by Chief Justice DY Cha...18 Sep, 2024, 08.46 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
- 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
- Supreme Court approves loan settlement offer by Siva Industries PromotersSiva group founder C Sivasankaran's father, RCK Vallal, offered the settlement under Section 12A of the Insolvency and Bankruptcy Code, whi...04 Jun, 2022, 12.44 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
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