The Madras High Court set aside execution of a ₹34.5 lakh MSME award, holding that the creditor’s claim stood extinguished because it was not submitted during the CIRP and was absent from the approved ...

The tribunal ruled that reassessment proceedings for a period prior to the approval of an NCLT resolution plan cannot be sustained. It held that once the resolution plan is approved, tax demands ...

DFS Secretary M Nagaraju acknowledged the progress made in the cases admitted and resolved or rescued during the course of the year.

The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under ...

The Insolvency and Bankruptcy Code, 2016 (IBC Code) enacted on May 28, 2016, provides for invitation of resolution plans from Prospective Resolution Applicants (PRAs) for revival of the corporate ...

As part of a bankruptcy settlement, JM Financial Products has been allotted more than 142,000 square feet of office space in Mumbai’s Mulund. (Image/FB) The Insolvency and Bankruptcy Board of India ...

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 ...

In a bid to enhance the corporate insolvency resolution process (CIRP) in India, the Insolvency and Bankruptcy Board of India (IBBI) on Thursday notified the changes to CIRP regulations, which have ...

NCLAT upheld Go Airlines' admission to the insolvency process but on other crucial questions raised by aircraft lessors the NCLT will first decide As beleaguered Go First shuts operations and ...