New creditor-led insolvency rules will impose strict financial transaction limits on stressed companies, requiring committee of creditors' ...

The Supreme Court has ruled that homebuyers' societies and Resident Welfare Associations cannot intervene in the insolvency proceedings of ...

The Indian government is considering changes to the Insolvency and Bankruptcy Code (IBC) to give insurers the same status as banks in cases...

The country's largest sugar manufacturer helmed by Kushagra Bajaj is facing an insolvency lawsuit from the state-owned bank.

India's capital-markets regulator wants Mint Road and North Block to give special situation funds (SSF) the status of secured creditors, po...

Upholding of the doctrine that financial creditors will rank ahead of operational creditors bodes well for the Indian banking industry as w...

The verdict came on a plea of the committee of creditors challenging NCLAT's order of July 4, in which it had approved steel tycoon Lakshmi...

Homebuyers will have a say in Committee of Creditors and they can also initiate insolvency proceedings.

The company had been put on the block under IBC to recover over Rs 54,547 crore of unpaid dues.

CoC, SBI, ICICI, Arcelor had objected to NCLAT order directing financial & operational creditors be treated on a par.

The tribunal observed that the NCLAT order has changed the entire outcome for all stakeholders and is like a formula with clear-cut directi...

The CoC had challenged the orders of the NCLAT of March 18 and March 20 before the Supreme Court by filing an SLP.

The NCLAT had approved ArcelorMittal's bid for Essar Steel in a huge relief for the lenders.

Under IBC the difference between secured financial creditors and unsecured financial creditors mostly has an implication on the priority of...

"Homebuyers, after becoming financial creditors, under the IBC (after amendments) may no be a happy lot," Justice Kumar said.

Experts say the amended law will benefit homebuyers only at the resolution stage so they should try to turn around the company instead of g...

The bank had invoked its claim on March 30, almost two weeks after corporate insolvency resolution process (CIRP) was initiated against the...