NCLT has nullified its prior decision to initiate insolvency proceedings against Logix Infrastructure, identifying fraudulent and collusive...

Order passed in the engine lessor Engine Lease Finance BV's application in August to be extended to the aircraft lessor; RP to communicate ...

In June last year, the Delhi-based Principal bench of the National Company Law Tribunal (NCLT) rejected the plea filed by Wave Megacity Cen...

The bankruptcy court on Wednesday admitted the Bank of India’s petition to admit Future Retail Ltd under the Corporate Insolvency Resolutio...

NCLT also imposed a fine of Rs 1 crore on Wave Megacity for attempting to play fraud on thousands of homebuyers by filing a petition under ...

The Supreme Court had earlier dismissed a petition by a homebuyer, who challenged the proceedings initiated by the developer for corporate ...

During the hearing on Thursday, FRL's counsel Shyam Kapadia sought more time for filing the reply on the insolvency petition due to difficu...

The Department of Telecommunication (DoT) has moved the insolvency appellate tribunal NCLAT against the NCLT order approving the consolidat...

As soon as the House resumed after lunch at 2 pm, BJP member Bhubaneshwar Kalita in Chair asked Finance Minister Nirmala Sitharaman to move...

The proposed amendments would enable the government to notify the threshold of a default not exceeding Rs 1 crore for initiation of pre-pac...

NCLAT on Tuesday ruled that debt-ridden telecom companies undergoing insolvency proceedings cannot claim rights to their spectrum, which is...

Earlier, on August 20 last year, the Delhi-based principal bench of the National Company Law Tribunal (NCLT) had directed to initiate insol...

Raheja was admitted for insolvency proceedings in August 2019 by the National Company Law Tribunal (NCLT) which held the company in default...

The bench said only genuine homebuyers can invoke insolvency proceedings against the builder and asked the Centre to file an affidavit taki...

There are around 1.74 lakh stalled housing units across the top seven cities and their buyers can now stake claims to their dues by initiat...

As per this law, utilities would be created to provide creditors with info about borrowers such as how much money has been borrowed by the ...

ICICI Bank on Sunday filed a complaint against some brokers and websites that were creating panic among depositors and shareholders by spre...