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INSOLVENCY
Jaypee Infratech to invests Rs 3,000 crore in next 2 yrs to complete stalled projectsJaypee Infratech will invest Rs 3,000 crore over two years to complete stalled housing projects. All stuck homebuyers will receive their ap...- Suraksha Group says Jaypee flats to be delivered by March 2028Suraksha Group is set to complete twenty thousand homes from Jaypee Infratech by March twenty twenty-eight. Despite numerous towers built, ...
- Insolvency regulator mulls tighter safeguards for personal guarantee insolvencyIndia’s insolvency regulator is proposing tighter safeguards for personal guarantor cases, including zero voting rights for related-party c...
- GFF 2026: NITI Aayog's Rajiv Gauba calls for deregulation as defining feature of India's next-generation reformsNITI Aayog member Rajiv Gauba called for simpler rules and hassle-free processes. He emphasised deregulation and doing away with license ap...
- SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file anotherThe Supreme Court rejected Parsvnath Developers’ proposal on handing over flats or repaying homebuyers, calling it another device to delay ...
- NCLT approves Shree Naman's Rs 1,800 cr bid for Gstaad, Neo HotelsThe bankruptcy court in Mumbai has greenlit Shree Naman Developers' ambitious acquisition valued at ₹1,800 crore for two hotel establishmen...
- CBI books Essel Group chairman Subhash Chandra, others over alleged ₹1,322 crore LICHFL loan lossSubhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to ...
- NCLT stays disposal of Byju's K3-linked assets auctioned for Rs 16 cr, flags valuation concernThe insolvency tribunal NCLT has ordered a status quo on Byju's K3 Education's assets. Assets worth Rs 150 crore were allegedly sold for on...
- Subhash Chandra case: CBI lodges FIR against Essel Group chairman, others in Rs 1,322 cr fraudThe CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal ...
- NCLAT sets aside Zaveri Group's bid for Gujarat Hydrocarbons and Power SEZThe NCLAT has overturned Zaveri Group's resolution plan for GHPSL. This decision mandates a restart of the insolvency process with new bids...
- Sebi moves ahead with action against Hindenburg, others in Adani case: ReportSebi has started hearing representations as it seeks to recover gains from trades it suspects were based on prior knowledge of Hindenburg R...
- Corporate stress remains benign despite IBC delays and deep haircuts: KotakIndia's corporate credit cycle is expected to remain stable in the near future. Strong corporate balance sheets and moderate debt levels su...
- Subhash Chandra opposes NCLT’s five-member bench in personal insolvency caseDuring a recent hearing on a repayment plan challenge, Subhash Chandra, chairman of Essel Group, contested the constitution of the NCLT ben...
- Subhash Chandra insolvency case: NCLAT defers hearing to October 7NCLAT has deferred the insolvency proceedings against Zee founder Subhash Chandra to October 7 after his counsel challenged the constitutio...
- NCLT puts Subhash Chandra repayment plan on hold, bars him from alienating propertiesA special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. The tribunal noted no majority vie...
- NCLT forms 5-member bench to decide on Subhash Chandra's Rs 6.5 crore repayment planA new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case involves claims exceeding twenty-two th...
- Subhash Chandra Rs 22,000 cr case: NCLT fails to get majority view on insolvency plan with 99.7 percent haircutSubhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opposed a proposed repayment plan off...
- Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...
- Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 croreHindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven cro...
- Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
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