NCLAT upholds insolvency proceedings against Nyka Steel guarantor over UCO Bank duesThe NCLAT upheld an NCLT order initiating insolvency proceedings against a personal guarantor. This decision involved Asif Ahmed Siddique, ...
15 Aug, 2026, 01.20 PM IST
Over 36,000 firms shut operations in Maharashtra in 5 yrs; Oppn claims graft, govt interferenceIn Maharashtra, over 36,000 private companies have been dissolved within the last five years, particularly affecting the business services ...
12 Aug, 2026, 03.48 PM IST
SC says insolvency shield cannot protect real estate promoters from homebuyers' casesThe Supreme Court ruled promoters and directors cannot use insolvency moratorium against homebuyers. This decision provides significant rel...
28 Jul, 2026, 12.51 PM IST
Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...
27 Jul, 2026, 05.30 AM IST
Byju’s-BCCI settlement remains stalled; NCLT pauses buyer searchByju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision ...
23 Jul, 2026, 09.06 PM IST
RBI clears Areion's Rs 936-crore Aviom acquisitionThe Reserve Bank of India has approved Areion Group's acquisition of Aviom India Housing Finance. This approval clears a significant regula...
21 Jul, 2026, 04.19 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
Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...
03 Jul, 2026, 09.01 AM IST
IBBI seeks tighter regulations around personal guarantors, valuation of insolvent firmsPersonal guarantors of struggling companies may lose their interim moratorium protection, as the insolvency regulator proposes changes to p...
02 Jul, 2026, 11.39 PM IST
WhatsApp usernames face heat; Byju’s inventory in limboIndia is weighing legal guardrails for WhatsApp usernames amid fresh fraud fears. This and more in today’s ETtech Top 5.
01 Jul, 2026, 08.01 PM IST
AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...
01 Jul, 2026, 09.15 AM IST
Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...
26 Jun, 2026, 05.25 PM IST
NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
23 Jun, 2026, 06.22 AM IST
JAL shares delist from BSE and NSE today: Will its 6.5 lakh shareholders get anything?Jaiprakash Associates shares were delisted from the BSE and NSE on Thursday, marking the closure of one of India's longest-running insolven...
18 Jun, 2026, 12.21 PM IST
JAL shares to delist from BSE and NSE on Thursday. What happens to its 6 lakh shareholders?Jaiprakash Associates is set to be delisted from the BSE and NSE from June 18 following the completion of insolvency proceedings and Adani ...
15 Jun, 2026, 02.43 PM IST
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
12 Jun, 2026, 10.50 AM IST
NCLT admits personal insolvency plea against Rajkumar Dhoot of VideoconThe NCLT in Mumbai has admitted SBI's application against Rajkumar Dhoot of Videocon Group for a Rs 5,353-crore default by Videocon Industr...
05 Jun, 2024, 06.57 PM IST