Oban Fashions Pvt Ltd, a subsidiary of Rupa & Co Ltd, has been admitted under the Corporate Insolvency Resolution Process by ...

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

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

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

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 ...

As many as 28,818 applications for initiation of the Corporate Insolvency Resolution Process (CIRP), having an underlying ...

Stressed companies under insolvency law have assets worth less than 5% of what they owe to lenders. As of September, 2,630 liquidation cases owed ₹9.51 lakh crore but had only ₹45,000 crore in assets.

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

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

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 ...