If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...

The National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...

When a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. So...

A 30-year-old man earning Rs 20 lakh per year shared his dilemma online after his father planned to buy a Rs 1.6 crore house ahead of retir...

China is actively working to end the Iran war, balancing its diplomatic efforts with an upcoming summit with U.S. President Donald Trump. B...

Indian students pursuing education in the US on F1, M1, or J1 visas often face challenges securing off-campus housing. Landlords typically ...

A new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...

Insolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...

New draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...

The Insolvency and Bankruptcy Code (IBC) provides opportunities for defaulting firms and personal guarantors to restructure debts. The Mini...

The Insolvency and Bankruptcy Board of India (IBBI) has proposed changes in the resolution plan process to hold guarantors accountable, fol...

The ruling is expected to set a precedent for promoters of bankrupt companies who are facing proceedings under the Insolvency and Bankruptc...

IBBI has made amendments to the insolvency resolution process for personal guarantors and voluntary liquidation process. The changes remove...

The latest data from the Insolvency and Bankruptcy Board of India (IBBI) show that a total of 2,289 cases related to personal guarantees in...

In the first three quarters of the ongoing fiscal 2023, National Company Law Tribunals (NCLTs) have admitted 117 such cases against persona...

According to the Supreme Court’s recent ruling in the Essar Steel case, overturning an order of the National Company Law Appellate Tribunal...

The law mandates a moratorium of 180 days against a corporate debtor once insolvency proceedings start.