The Bombay High Court has strongly condemned loan defaulters and guarantors for exploiting the Insolvency and Bankruptcy Code. This practic...

The Supreme Court ruled that interim moratoriums under the Insolvency and Bankruptcy Code (IBC) do not protect individuals or companies fro...

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

The government is considering a two-month moratorium rule for the aviation sector to prevent lessors from immediately taking away aircraft ...

The ruling clarifies that the interim moratorium begins when the application is duly numbered by the tribunal, the Kerala High Court said. ...

The Ministry of Civil Aviation (MoCA) has requested that leased aircraft be exempted from the asset moratorium rule enforced by India's Ins...

The carrier argued that it is seeking a comprehensive debt restructuring and that it is not a malicious petition to avoid payments of dues ...

Taking up an appeal filed in the matter of Ashok Kumar Sarawgi versus the ED, the apex court issued notices on November 11 to all parties a...

A bench of Chief Justice NV Ramana and Justices JK Maheshwari and Hima Kohli set aside an order of the National Company Law Appellate Tribu...

The liquidator of KSS Petron had approached the Mumbai bench of the National Company Law Tribunal (NCLT) against the regional provident fun...

In its report to the government, the committee opined that any exemptions on moratorium could hinder the IBC process. Under the law, the ce...

The case has been admitted by the apex court and a two-member bench comprising Justices Vineet Saran and Dinesh Maheshwari will be hearing ...

In a representation to the Finance Ministry, the chamber said that given the increasing pressure on businesses, it would be imperative to e...

The top court, however, did not extend the benefit of moratorium on judicial proceedings in cheque bounce cases to directors or signatories...

Among other things, the Ordinance sought to prevent businesses that are experiencing distress on account of unprecedented situation followi...

The law committee has identified issues that may impact the efficiency of corporate insolvency resolution and will submit its recommendatio...

NCLAT’s ruling has huge ramifications as it offers relief for personal assets of promoters. This also effectively overturns the earlier rul...