RBI Deputy Governor Swaminathan J asks regulated entities to review internal grievance redressal processesRBI Deputy Governor Swaminathan J stressed reviewing internal grievance redressal processes. He asked regulated entities to design complain...
20 Jul, 2026, 09.26 PM IST
Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: Supreme CourtThe Supreme Court has ruled that once a resolution plan is approved, any pending civil suits and arbitration proceedings are effectively ha...
17 Jul, 2026, 09.30 PM IST
RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related partiesNew Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...
16 Jul, 2026, 07.27 PM IST
Byju’s creditors clear Aakash settlement proposalThink & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju...
16 Jul, 2026, 06.17 PM IST
SHH promoters deposit ₹200 crore to settle ₹648 crore duesSupreme Housing promoters deposited ₹200 crore for a ₹518 crore debt settlement. Canara Bank expects about ₹475 crore from this one-time se...
16 Jul, 2026, 01.09 AM IST
NCLT clears 78 resolution plans involving Rs 5,518 cr in June quarterThe National Company Law Tribunal approved 78 resolution plans totaling Rs 5,517.66 crore. This marks the highest first quarter performance...
14 Jul, 2026, 04.16 PM IST
Supreme Court adjourns suo motu case on NCLT vacancies, infrastructure; says appointments process underwayThe Supreme Court has postponed a hearing on NCLT member appointments and infrastructure. The court noted that the appointment process for ...
14 Jul, 2026, 12.49 PM IST
NCLAT allows withdrawal of insolvency case against Oswal Overseas after settlement with creditorThe National Company Law Appellate Tribunal allowed Oswal Overseas' appeal withdrawal after a settlement. Oswal Overseas and LH Sugar Facto...
12 Jul, 2026, 11.15 AM IST
Nuvoco Vistas starts Limla Cement Plant, strengthens footprint in Western IndiaNuvoco Vistas inaugurated a two million tonnes per annum cement grinding capacity. This new facility is located at their Limla cement plant...
11 Jul, 2026, 07.02 PM IST
Bankruptcy boom: Businesses going broke in Europe's biggest economyGermany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contr...
10 Jul, 2026, 10.39 PM IST
Deadline for filing forms relating to personal guarantors to insolvent firms extended up to Sept 30Insolvency professionals have received a three-month extension to file forms electronically. This extension applies to monitoring resolutio...
09 Jul, 2026, 09.52 PM IST
Ola Electric shares drop 9% in 3 days. What's spooking investors?Ola Electric Mobility shares fell over 2%, extending their three-day decline to 9%, after media reports said two vendors had filed fresh in...
07 Jul, 2026, 01.08 PM IST
NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) ActNew Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates 'debt' and 'default' for NCLT case ad...
03 Jul, 2026, 04.20 PM IST
NCLT dismisses Unity Small Finance Bank's insolvency plea against Awas Developers over default dateUnity Small Finance Bank's insolvency plea against Awas Developers was dismissed by the NCLT. The tribunal ruled the bank failed to pinpoin...
03 Jul, 2026, 12.07 AM IST
NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
02 Jul, 2026, 09.52 PM IST
Byju’s tablets, laptops gather dust in warehouse as insolvency drags onThe delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The ware...
01 Jul, 2026, 05.44 PM IST
IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
30 Jun, 2026, 11.41 PM IST