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INSOLVENCY CERTIFICATION
NCLAT upholds full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...
- IBBI amends CPE norms; in-person training mandatory for insolvency professionals from 2026The Insolvency and Bankruptcy Board of India has revised Continuing Professional Education guidelines. Insolvency professionals will need t...
- UP RERA to challenge NCLT’s order of admitting insolvency of Ansal APIUP RERA will challenge NCLT’s decision admitting Ansal Properties & Infrastructure into insolvency. The move aims to protect homebuyers’ in...
- UP RERA to challenge NCLT’s order of admitting insolvency of Ansal APIUP RERA will challenge the NCLT's insolvency ruling for Ansal API to ensure project completion and protect homebuyers' interests. This is t...
- Noida housing project pulled back from insolvency now offers possession to buyersRG Luxury Homes project in Gautam Buddh Nagar district, Greater Noida West, has received the occupancy certificate after facing insolvency ...
- Insolvency & Bankruptcy Code cannot be used as a tool for recovery; says NCLTThe National Company Law Tribunal (NCLT) in India has dismissed a plea to initiate insolvency against Orris Infrastructure, stating that th...
- SpiceJet questions maintainability of Wilmington’s insolvency pleaSpiceJet has disputed the merit of an application by Wilmington Trust SP Services to start insolvency proceedings against SpiceJet. Wilming...
- Jet Airways flight path: Uncertainty remains over flying permitThe Air Operator's Certificate (AOC) of the airline, which has not flown since April 18, 2019, was revalidated on May 20 last year for a on...
- Haryana Police files chargesheet against RP in Educomp insolvency case“A whistle-blower exposed how Mehra was already in a consulting agreement with company Duff & Phelps and its undertaking Kroll and Associat...
- NCLAT sets aside insolvency proceedings against Ansal Properties and InfrastructureThe appellate tribunal set aside the orders of the Delhi bench of the National Company Law Tribunal (NCLT), which had on March 17 directed ...
- What if you go broke like Vijay Mallya? Personal bankruptcy decodedWhile bankruptcy filing for corporates is well-organised under the IBC, it isn't as streamlined for individuals.
- 40 corporate insolvency resolutions completed: GovernmentThe Code, which provides for market--determined and time-- bound resolution process, is being implemented by the Insolvency and Bankruptcy ...
- Board’s new rule leaves IRPs perplexedBy law, an insolvency professional can take advisory services from consultants like E&Y.
- IBBI new norms raises doubts among insolvency professionalsA blunt interpretation of the circular would mean that individuals who are working as Insolvency Resolution Professionals would have to put...
- IBBI bars insolvency professionals from outsourcing their responsibilitiesInsolvency professionals, who have the most crucial role in helping recover Rs 10L-cr worth of bad loans, will now be barred from outsourci...
- Ericsson ropes in CDB counsel Darius Khambata in fight against RComEricsson had earlier told the tribunal that RCom had not paid its dues for past two years and only a few postdated cheques had been given.
- Lot of expectations from new insolvency mechanism: FM Arun JaitleyJaitley also said there are a lot of expectations from this new insolvency mechanism and sure that it will deliver the desired results.
- HDFC Bank moves SC over crucial insolvency lawsThe Supreme Court will decide whether banks can initiate insolvency proceedings while recovering dues from individual defaulters as private...
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