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IBBI issues new guidelines to speed up appointment of insolvency professionalsThe Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...- NCLAT reaffirms project-specific insolvency proceedings against realty firmsThe National Company Law Appellate Tribunal has ruled that homebuyers' insolvency cases against real estate firms must focus only on the pr...
- SC cancels bail granted to Satinder Singh Bhasin in Grand Venice Mall 'scam' caseThe Supreme Court has cancelled the bail granted to businessman Satinder Singh Bhasin. This is in connection with the alleged Grand Venice ...
- Bankruptcy court admits BSE-listed Supha Pharmachem under Insolvency Resolution ProcessThe Mumbai bench of the National Company Law Tribunal has admitted Supha Pharmachem into the Corporate Insolvency Resolution Process (CIRP)...
- NCLT rejects IRP bid to end SKIL Infra's insolvency processThe NCLT dismissed SKIL Infrastructure's plea to withdraw from insolvency proceedings after settling with Amluckie Investment. Other financ...
- UP RERA directs buyers of five builders to file claim with IRPUP RERA has directed buyers to file claims with the Insolvency Resolution Professional (IRP) following insolvency proceedings against five ...
- NCLAT directs IRP to supervise ATS projectThe appellate tribunal's decision follows ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Man...
- Most Future Enterprises lenders back Avil Menezes as resolution professionalThe National Company Law Tribunal (NCLT) had appointed Jitender Kothari as the interim resolution professional (IRP) in February when FEL w...
- NCLT to hear Go First lessors' plea, directs IRP to file reply in one weekThe National Company Law Tribunal (NCLT) has asked the interim resolution professional (IRP) of Go First, the Wadia group firm, to respond ...
- GSTN mandates businesses with over Rs 100 crore turnover to upload e-invoice on IRP within 7 daysIn an advisory to taxpayers, GST Network (GSTN) said the government has decided to impose a time limit on reporting old invoices on the e-i...
- Sona Comstar to collaborate with Israeli firm to develop new motor for electric vehiclesThe companies have come together with iCreate (International Centre for Entrepreneurship and Technology) to develop, manufacture and market...
- GSTN enables fresh registration for IRPsThe move follows a directive from the Central Board of Indirect Taxes and Customs on mandatory new registration for IRPs on behalf of corpo...
- GSTN enables new registration functionality for insolvency resolution professionalsIn March, the CBIC said the corporate debtors shall be liable to obtain new registration through IRP or RP.
- Fosun RZ Capital leads $17 million funding round in IRP SystemsFounded in 2015 by Moran and Paul Price, IRP Systems specialises in high-performance electric powertrain systems for a variety of e-mobilit...
- Insurance companies create policies to protect IRPsInsolvency resolution professional is appointed as CEO by lenders during the bankruptcy proceedings.
- IRP moves NCLT against Deccan Chronicle lendersResolution professional accuses lenders of creating hurdles after lead lender Canara Bank proposed his replacement
- Jaypee home buyers seek clarity on resolution plan from IRPIn a letter to IRP Anuj Jain on Friday, about 2,400 homebuyers of Noida’s Wish Town project said the move would provide clarity on the time...
- Bullying won't be allowed, IRPs are supreme: NCLTHero Steels had initiated insolvency proceeding against Rolex Cycles to recover Rs 2 crore of dues.
- Lenders to Essar Steel and IRP spar over capital control“Lenders have opposed the suggestion from the IRP and decided to seek legal opinion since they were not convinced,” said a banker who did n...
- NCLT says no to Deloitte’s Vijaykumar V Iyer as IRP in Rs 44,000 crore Lanco Infratech caseThe court has appointed Savan Godiawala as IRP based on the recommendation made by IDBI Bank which has initiated the bankruptcy proceedings.
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