The Supreme Court dismissed Reliance Communications lenders' challenge to the DoT's bank guarantee invocation. The court stated lenders sho...

In Maharashtra, over 36,000 private companies have been dissolved within the last five years, particularly affecting the business services ...

Resolution professional Shailendra Ajmera, who’s backed by EY, has filed an application under Section 60 (5) of the Insolvency and Bankrupt...

On May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...

Recent Supreme Court judgments have prompted amendments to India's Insolvency and Bankruptcy Code (IBC). The proposed changes, now before a...

India's top court has rejected pleas which sought a review of its earlier judgment in which it said that statutory creditors like tax autho...

In its September 6 order, the top court ruled that any insolvency resolution plan, approved by the financial creditors by ignoring the stat...

In the overall IBC scheme of insolvency resolution, the CoC has a pivotal role. The robustness of the resolution plan hinges upon the integ...

“Necessary amendments in the Code will be carried out to enhance the efficacy of the resolution process and facilitate cross border insolve...

The government Wednesday announced the creation of the dedicated fund to provide last-mile financing of Rs 25,000 crore for completion of o...

The panel, to be chaired by Shiwa Shankar Singh (member, technology), has been formed at a time when two telcos – Aircel and Reliance Commu...

Fear is that some of the bidders may be using old promoter’s money through round tripping.

In one year of existence, the Insolvency and Bankruptcy Board of India has already put in place the infrastructure ecosystem and now has ov...

On June 13, RBI had said it has identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 crore of outstandi...

Essar Steel had moved the high court against insolvency proceedings initiated by the banks on the RBI direction.

The high court issued notice to the RBI and leader of the banking consortium SBI and posted the matter for Friday, sources said.

Tax experts laud the bill for providing a legal framework for timely resolution of insolvency disputes, which would reduce the level of dis...