As the year 2024 nears its end, LiveLaw brings to you a summary of important Supreme Court judgments of the year rendered in ...

The Supreme Court recently dismissed an appeal seeking to confine Corporate Insolvency Resolution Process (CIRP) of Spaze ...

India must note that a reliable and predictable insolvency framework is essential for economic stability, attracting foreign ...

An analysis by CareEdge Ratings highlights worsening delays in the corporate insolvency resolution process (CIRP). By September 2024, over 71% of ongoing CIRPs exceeded the 270-day completion ...

Chapter 15 of the Bankruptcy Code (which is based upon the UNCITRAL Model Law on Cross-Border Insolvency) is designed to ...

NCLT appoints Bhoopesh Gupta as Interim Resolution Professional for Hero Electric after rejecting objections raised by the ...

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Hero Electric after admitting a plea by ...

Before the National Company Law Tribunal (NCLT) on Monday, banks and financial institutions objected to the repayment plan ...

The insolvency appellate tribunal has determined that statutory authorities, like the EPFO, may initiate assessment proceedings once the liquidation process begins for a debt-laden company under the ...

The NCLAT has ruled that EPFO can initiate assessment proceedings during liquidation of a company under IBC. This clarifies ...

NCLT withdraws responsibilities from member due to misconduct, ensuring efficient administration of justice and maintaining ...

The voluntary mediation route for OCs is likely to significantly cut down the workload on NCLTs, and thereby speed up the ...