Dalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...

The Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...

Homebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...

In a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...

A new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...

Mahagun Group has secured Rs 225 crore funding from CSL Finance Limited. This capital infusion will accelerate project execution and ensure...

The government has delayed plans to introduce cross-border insolvency and an out-of-court individual delinquency mechanism. These provision...

The bench, also comprising Justices JB Pardiwala and Manoj Misra, considered the plea of US firm Glas Trust Company LLC and asked the IRP n...

Talking about fresh insolvency filings after the expiry of the suspension, IBBI Chairperson M S Sahoo said the higher threshold of default ...

Certain provisions under the Code, which provides for time-bound and market-linked resolution of stressed assets, were suspended with effec...

The Insolvency and Bankruptcy Board of India (IBBI) has adapted itself to the new environment in the wake of the coronavirus pandemic and w...

The suspension on new proceedings under India’s bankruptcy law and the lockdown caused due to the pandemic could lead to a sharp fall in re...

The ministry of corporate affairs, which notified the extension on Thursday, had received extensive representation from the industry seekin...

Replying to a debate on the Bill in the House, Finance Minister Nirmala Sitharaman said the intention of the IBC is to keep companies a "go...

As per the ordinance issued on Friday, proceedings under the Insolvency and Bankruptcy Code can never ‘ever’ be filed for defaults occurrin...

Payment defaults from March 25 -- the day when the nationwide lockdown to curb coronavirus infections began -- would not be considered for ...

In the current fiscal, successful resolution of a large housing finance company is going to be the key determinant of the extent of amount ...