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INSOLVENCY SETTLEMENT
Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here's whyVikram Solar shares declined after the NCLT admitted an insolvency petition filed by Isitva Steels over alleged dues linked to civil works ...- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
- 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...
- Byju Raveendran's lawyer says Singapore High Court has stayed jail sentence against founderSingapore High Court has stayed committal and surrender provisions of its contempt order against Byju Raveendran, halting his six-month jai...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- NCLAT offers Supreme Housing & Hospitality final chance to settle Canara duesSupreme Housing promoters have a final opportunity to settle their debt with Canara Bank. The National Company Law Appellate Tribunal has o...
- IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiencyThe Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...
- IBC: Creditors realised Rs 4 lakh cr; cases involving Rs 14 lakh cr settled in pre-admission stageIndia's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionall...
- Byju Raveendran says settlement near after Singapore court contempt orderByju's founder Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
- More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....
- NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
- ATS Nobility Estates exits insolvencyThe National Company Law Tribunal has permitted the withdrawal of insolvency proceedings against ATS Group's Nobility Estates. This decisio...
- NCLT approves Rs 730 cr resolution plan for Rajesh Business & Leisure HotelsThe National Company Law Tribunal has approved a revival plan for Rajesh Business & Leisure Hotels. A consortium of Rare Asset Reconstructi...
- Nippon Life's India asset manager to settle Yes Bank investment case, document showsNippon Life India Asset Management will pay over 96 crore rupees to settle SEBI charges. The company allegedly invested customer funds in h...
- Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
- TVS Supply settles dispute with ZTE, withdraws insolvency plea in NCLATTVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India. The company withdrew its appeal against an order that rejec...
- IBC study calls for auction reform to boost MSME insolvency resolutionA new study suggests changes to how bankrupt micro, small, and medium enterprises are rescued. It proposes a single objective auction model...
- Mahagun Group raises Rs 225 crore from CSL Finance LimitedMahagun Group has secured Rs 225 crore funding from CSL Finance Limited. This capital infusion will accelerate project execution and ensure...
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