The Supreme Court ruled that simultaneous insolvency proceedings can be initiated against both a principal debtor and its guarantor for the same debt under the Insolvency and Bankruptcy Code. This ...

NCLAT held that provident fund dues assessed during moratorium under Section 14 IBC cannot be admitted in CIRP. The resolution plan providing ₹5,000/- was ...

The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU's CIRP process ...

Supreme Court held that commercial wisdom of Committee of Creditors [CoC] is non-justiciable. Stalling CIRP on account of settlement proposal without approval by CoC is not ...

https://www.thehindubusinessline.com/money-and-banking/invitation-and-submission-of-insolvency-resolution-plans-will-be-via-an-electronic-platform-ibbis-measures-to ...

The central government may also encourage the use of alternative dispute resolution mechanisms such as mediation and arbitration to resolve disputes amicably and quickly, thereby reducing the burden ...

Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors - Rediff MoneyWiz, the personal finance service from Rediff.com ...

ED intensifies crackdown on bankruptcy code irregularities, targeting fraud and money laundering with arrests and property restitution.

A whistleblower has alleged that accounting firm Ernst & Young (EY) had manipulated edtech firm BYJU's CIRP process. However, the most alarming revelation by the whistleblower is how a legitimate ...