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INSOLVENCY AND BANKRUPTCY
Builder insolvency delays your flat possession? Know how the new IBBI amendment can protect homebuyersThe Insolvency and Bankruptcy Board of India (IBBI) amended the insolvency rules with the aim of giving relief to specified homebuyers who ...- NCLT flags undervalued, fraudulent HDIL property sale in 2019The order relates to a commercial office premises in Dheeraj Pali Arcade Building on Pali Road, Bandra West, which was transferred to the b...
- NCLT approves Ashdan Properties' resolution plan for Sunblink Real EstateThe National Company Law Tribunal approved Ashdan Properties' resolution plan for Sunblink Real Estate, which involved significant creditor...
- NCLT declares Videocon’s Venugopal Dhoot bankrupt in SBI’s Rs 12,668 cr claimThe NCLT has declared former Videocon chairman Venugopal Dhoot bankrupt in proceedings initiated by SBI over personal guarantees for loans ...
- NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trusteeThe National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dho...
- 'Breaking Bad' actor Dean Norris and wife Bridget Norris file for divorce as big financial trouble and insolvency issues loom large; all you need to knowActor Dean Norris and his spouse Bridget have initiated divorce proceedings in Riverside County, California, citing irreconcilable differen...
- Zee draws line between CBI probe against Subhash Chandra and its businessZee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra i...
- IBBI tightens real estate insolvency rules to prioritise home deliveryIndia's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent assessm...
- NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore duesNCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal foun...
- NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme CourtThe Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals....
- 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...
- 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 ...
- 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...
- 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...
- 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.
- 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...
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