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PERSONAL INSOLVENCY
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- Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...10 Jun, 2026, 11.22 PM IST
- Double entryThe universe follows a cosmic accounting system. Every good deed earns credit, while every wrong action incurs a debit. These karmic balanc...08 Jun, 2026, 11.33 PM IST
- 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...01 Jun, 2026, 06.25 PM IST
- JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake acquisitionJaiprakash Power Ventures shares surged on Friday, extending their two-day rally to 28%, amid strong investor optimism surrounding Adani Po...29 May, 2026, 10.58 AM IST
- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...29 May, 2026, 07.46 AM IST
- 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...28 May, 2026, 12.09 AM IST
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...27 May, 2026, 11.28 PM IST
- NARCL retains guarantees of Jaypee ex-promoters to boost recovery of duesNARCL has already filed applications linked to both the corporate guarantee of Jaiprakash Power Ventures and personal guarantees of chairma...26 May, 2026, 01.03 AM IST
- Song lyric of the day by Bob Dylan: 'How does it feel to be without a home, like a complete unknown, like a rolling stone...' ; what song Like A Rolling Stone teaches us about importance of stabilityBob Dylan's iconic song, 'Like A Rolling Stone,' highlights the potential pitfalls of a life lacking stability. The lyrics serve as a poign...23 May, 2026, 02.32 PM IST
- Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore planAdani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,5...23 May, 2026, 01.16 AM IST
- 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 ...14 May, 2026, 02.12 PM IST
- UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...05 May, 2026, 12.02 AM IST
- Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...23 Apr, 2026, 11.37 PM IST
- Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...17 Apr, 2026, 05.30 AM IST
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...16 Apr, 2026, 12.54 AM IST
- NCLT orders insolvency proceedings against Venugopal Dhoot as personal guarantorInsolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...13 Apr, 2026, 07.40 PM IST
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