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PROSPECTIVE RESOLUTION APPLICANT
Entrepreneurship and innovation: Scaling India's strategic technology ecosystemIndia's pursuit of technological self-reliance is gathering pace as sovereign capabilities in defence, space, semiconductors, and secure co...- Global Market Today: Asian stocks slip as AI rally stalls, oil steadiesAsian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significan...
- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- Dharavi Redevelopment: Upper-floor home rehab hinges on ground-floor eligibilityUpper-floor residents in the Dharavi redevelopment project may face eligibility challenges, as their rehabilitation depends partly on wheth...
- NCLT approves Mantra Properties buyout of Mulund projectThe company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured cre...
- UK tenancy rule change from May 1, 2026: Landlords can no longer evict tenants through no-fault evictions, Here’s four other changes for tenants in the United KingdomThe UK's Renters' Rights Act, effective May 1, 2026, significantly overhauls tenant protections. Key changes include abolishing 'no-fault' ...
- Tata Trusts may not recast trustee tenure amid ordinanceTata Trusts, citing legal advice, may not revise existing trustees’ tenures despite a Maharashtra ordinance capping perpetual trustees. Exp...
- Lavasa homebuyers file plea at NCLAT against resolutionHomebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...
- New creditor-led IBC framework to put in place safeguards for stressed firm's managementNew creditor-led insolvency rules will impose strict financial transaction limits on stressed companies, requiring committee of creditors' ...
- IBBI seeks to strengthen due diligence on bidders' compliance with Section 29AThe Insolvency and Bankruptcy Board of India (IBBI) is enhancing the insolvency framework. Now, resolution professionals are required to su...
- Insolvency board proposes rule to reveal beneficial owners behind bids for bankrupt firmsThe Insolvency and Bankruptcy Board of India (IBBI) has proposed mandatory disclosure of beneficial ownership by bidders for bankrupt firms...
- JSW Energy to bid for Raigarh Champa Rail Infra as NCLAT allows fresh biddingThe National Company Law Appellate Tribunal has overturned a decision regarding Raigarh Champa Rail Infrastructure. This allows lenders to ...
- Tuticorin Coal Terminal: NCLAT dismisses plea by Jindal PowerJindal Power wanted to be considered as an applicant for the acquisition of insolvent Tuticorin Coal Terminal Pvt Ltd. The NCLT had allowed...
- Tuticorin Coal Terminal: Jindal Power moves NCLAT to be consideredChallenging an order of the National Company Law Tribunal's Mumbai bench, which had held the company ineligible for participation in the re...
- Future Retail insolvency: Deadline for bids extended by two weeks to November 3Prospective resolution applicants (PRAs) have been directed to submit their bids for FRL by November 3, following which a final list of PRA...
- Vedanta, Jindal Power among investors interested in buying Srei firmsThe Srei Group on Wednesday published a provisional list of eligible prospective resolution applicants The list mentioned as many as 14 int...
- Adani group, Suraksha, Sunteck Realty submit EOI to acquire debt-laden HDILHDIL is under corporate insolvency resolution process (CIRP) pursuant to the provisions of the Insolvency and Bankruptcy Code (IBC), 2016.
- NCLT approves Deccan Value Investors' bid for Amtek AutoThe tribunal observed that the resolution plan submitted by DVI fulfils all the requirements of regulations of the corporate insolvency res...
- Jet Airways RP invites expressions of interest by August 3Ashish Chhawchharia has set a deadline of Aug 3 for receipt of EoIs, Aug 6 as the date of issue of provisional list of prospective resoluti...
- IBBI amends norms, notifies procedures for home buyers under insolvency proceedingsThe IBBI Regulations have been amended following the government coming out with an ordinance amending the IBC in June.
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