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INSOLVENCY
SC directs NCLAT, NCLT presidents to submit proposals on infrastructure, staff requirementsThe Supreme Court instructed the presidents of the National Company Law Appellate Tribunal and National Company Law Tribunal to submit prop...- MSCI puts Polycab exit on hold amid insolvency case uncertaintyMSCI has decided to delay the removal of Polycab India from its indices amid insolvency uncertainty. The company was placed on the Insolven...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
- In 2025 Poundland sold to Gordon Brothers at €1, now the UK discount retailer is staring at insolvencyPoundland may soon face insolvency, with the potential loss of approximately 600 UK stores and over 10,000 jobs. The crisis unfolds as majo...
- Committee of Creditors cannot withdraw resolution plan nod: Supreme CourtA bench of Justices JB Pardiwala and K Vinod Chandran, while disposing of the appeal filed by Bank of India and other CoC members, includin...
- Law firms make a strong case for hiring top litigation partnersDemand spans experience in commercial and corporate disputes, including regulatory matters, insolvency, white-collar crime, investigations,...
- Don’t bank on RBI alone: The investor protection gap in India’s banking systemRBI imposes strict regulations on banks to ensure transparency for depositors and investors. However, listed banks often fail to provide ti...
- Experts divided over Justice Kaul's criticism of ex-CJI Chandrachud's approach to judicial appointmentsSanjay Kishan Kaul has raised concerns regarding the judicial appointment approach of former Chief Justice D Y Chandrachud. Legal experts h...
- A Rs. 48 crore profit on paper, a Rs. 231 loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
- Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...
- Hindusthan National Glass & Industries to invest ₹300-₹500 crore to boost its manufacturing capacity and expansion effortsHindusthan National Glass & Industries Ltd plans to invest between ₹300 and ₹500 crore to enhance manufacturing capacity. This investment a...
- India reaffirms commitment to inclusive, development-oriented global trade laws at 81st UNGA sessionAt the 81st session of the UNGA, India demonstrated its commitment to fostering trade through development-focused legal frameworks.
- Byju's parent uses Great Learning loan repayment to fund Aakash rights issueThe transaction shows how the cash-strapped company funded its effort to preserve its holding in one of the few valuable assets remaining i...
- NCLAT revives Walchandnagar Industries' insolvency plea against Swaraj India Agro on SC directionThe National Company Law Appellate Tribunal restored an appeal from Walchandnagar Industries against Swaraj India Agro. This restoration fo...
- Experts hail SC ruling on creditor’s claim in insolvency-linked dispute between two Bengaluru firmsThe Supreme Court has ruled that a creditor whose claim was largely extinguished under an insolvency resolution plan can still use it as a ...
- Polycab India shares fall 6% in two sessions. What’s triggering the selloff?Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30...
- Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's whyPolycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolven...
- Bank of India declares Rs 575 crore exposure to Future Enterprises as fraudThe Bank of India has officially marked its ₹575 crore exposure to Future Enterprises as fraudulent. Previously categorized as a non-perfor...
- Polycab India’s F&O exit: NSE sets December 30 deadline; NCLAT stays insolvency orderNSE will remove Polycab India from the equity derivatives segment from December 30, 2026, with existing contracts available until expiry. S...
- Byju’s parent to hold 32% in Aakash after settlementThe eventual holding will be higher than the roughly 25.75% TLPL owned before Aakash’s Rs 240-crore rights issue became the subject of liti...
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