A total of 694 companies filed for bankruptcy in the US last year, the most seen since the years following the financial ...

The shareholders of troubled battery manufacturer Northvolt have voted against liquidating the company and in favour of ...

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 ...

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

REC's exposure to CPL is part of a term loan extended by a consortium of lenders, where its voting share is 19.55 per cent in ...

Disapproving a High Court's ordeer interdicting of a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and ...

The CJI emphasised on the importance of adhering to procedural timelines and observed solicitor general Tushar Mehta, representing the NHAI, agreed with the court and assured addressing the issue.

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

In its decision to dismiss two petitions filed by EPFO, the NCLAT stated that once a company is under moratorium as per ...

The insolvency appellate tribunal has held that there is no bar against assessment proceedings by statutory authorities, ...

NCLAT ruled that statutory authorities including EPFO can initiate assessment proceedings during liquidation under IBC, but ...

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