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INDIA PROPERTY BANKRUPTCY
ICSI CS December 2026 Exam Timetable: Date-wise schedule for executive & professional programmes, exam timings, open-book papers and moreICSI CS December 2026 Exam Timetable: The Institute of Company Secretaries of India has announced the examination schedule for the CS Execu...
SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....
Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
Lavasa homebuyers file plea at NCLAT against resolutionHomebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...
Personal guarantors to bankrupt firms will need to declare crypto holding, art collections in IBC proceedingsNew draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...
Banks take backseat: Bombay High Court upholds PMLA supremacy in asset recoveryBanks in India face a significant ruling from the Bombay High Court. The court declared that anti-money laundering laws take precedence ove...
Bankruptcy court clears Ashdan Properties’ acquisition of military-focused Rolta IndiaThe National Company Law Tribunal has approved Ashdan Properties' acquisition of Rolta India. Rolta India faced liabilities exceeding Rs 14...
NCLT rejects resolution plan for Cambay Hotels operator“The resolution plan approved by CoC (committee of creditors) has not been done with a process that can be approved by this adjudicating au...
NCLT rejects Vistra ITCL’s plea to include additional claim in Satra Properties insolvencyThe National Company Law Tribunal dismissed Vistra ITCL's application to include its additional claim in the resolution process of Satra Pr...
NCLT approves Ashdan Developers’ resolution plan for D S Kulkarni DevelopersThe National Company Law Tribunal has approved a consortium led by Ashdan Developers for the resolution plan of D S Kulkarni Developers. Th...
Real estate firms stuck in insolvency courts have a slower resolution rate, study showsOut of 2,298 Corporate Insolvency Resolution Process (CIRP) cases under the Insolvency & Bankruptcy Code, 518 are related to real estate. S...
KGK Realty takeover of Anudan Properties gets NCLT approvalKGK Realty (India) has been granted permission by India's bankruptcy court to acquire Anudan Properties after the Committee of Creditors ap...
Jet Airways' landlord approaches NCLT to repossess buildingThe airline has not paid rents from April, Luckystar Property claimed, adding that the agreement empowered it to take back possession of th...
India's war on world’s worst bad-debt pile stalled by regulatorsTime-bound resolutions under bankruptcy law are the key to cleaning up $190 billion stressed loans quickly.
Homeowners in India roll up sleeves to complete unfinished flatsHomeowners in India are forced to dedicate untold hours to complete the flats they spent years saving up for.
How NCLT order makes liquidation easyIndia’s dedicated bankruptcy court has sought to remove legal impediments to liquidation or loan-recovery proceedings.
Guarantor’s mortgaged asset can be liquidated, says NCLTPunjab National Bank and Central Bank of India were the two lenders.
Slowdown in hospitality deals due to strict property and bankruptcy lawsExperts believe more distressed hotel assets could be on the block this year after the insolvency and bankruptcy code kicked in, but very f...
Landmark bankruptcy ruling: Loan defaulters’ personal wealth can now be auctionedA bankruptcy court set a precedent by ruling that a promoter cannot escape liquidation of personal assets by simply filing for bankruptcy o...