The corporate affairs ministry emphasizes continuous refinement of the Insolvency and Bankruptcy Code to address future challenges in corpo...

Lenders had offered different parts of the company for sale after the initial attempt to sell the whole company failed to get substantial b...

Earlier, the IRDAI prescribed lock-ins based on the age of the insurer, with waivers granted only in extraneous situations. In certain case...

“It is hard to put a number in terms of the volume of AIFs that has been raised but overall I would say on an annual basis private credit a...

As part of amendments to the IBC, the corporate affairs ministry will likely include the provision to extend the pre-packaged insolvency fr...

Jindal (India) has submitted a debt resolution plan for Future Enterprises under the Insolvency and Bankruptcy Code (IBC) process. The comp...

The IBC has established a structured framework for resolving insolvency, encouraging collaboration between creditors and debtors to seek mu...

The company's resolution professional also requested the bankruptcy court to exclude 90 days from the company’s corporate insolvency resolu...

Biyani's flagship company Future Retail, which operates large-format hypermarkets, is undergoing insolvency proceedings since last July; it...

Strangely, post the announcement of Bad Bank, the National Company Law Tribunal (NCLT) benches have been staffed sub-optimally. Fewer judge...

"The Company has received e-filing confirmation from NCLT with respect to the filing of an application by an Operational Creditor Retail De...

Bank of India, Future Retail's lead lender, filed a petition seeking insolvency proceedings against Kishore Biyani's flagship company at th...

"India is one of the few countries which has this two step process, the first expectation is revival of the company, and if that isn't the ...

The US-based Oaktree Capital in its bid claimed that post resolution, DHFL's NCDs would be assigned an AAA rating if their resolution plan ...

It is easy to be critical of past steps but it is more important to look forward. As corporate India aims to get back on its feet, there is...

Out of claims of around Rs 8.4 lakh crore, the realisable amount is about Rs 3.57 lakh crore, or 43% of the total claims under the code, sa...

The finance minister said that the effective rate of tax which was 31% before has been brought down to 28% under the GST.