The appellate tribunal also asked the liquidator to submit the minutes of the Committee of Creditors (CoC) meeting that led ...

Reinstating creditors could prolong Byju’s Corporate Insolvency Resolution Process (CIRP), adding financial strain.

The Reserve Bank of India (RBI) on Thursday filed an application for initiation of corporate insolvency resolution process (CIRP) against Aviom Housing Finance Pvt Ltd under the Insolvency and ...

Pratik Vira accuses Sunshine Group developers of Rs 250 crore fraud involving forged documents, unauthorized loans, and financial mismanagement.

The National Company Law Tribunal (NCLT) issued a major decision that could change the course of Byju's bankruptcy proceedings: it ordered disciplinary action against the resolution professional (RP) ...

Within days of superseding the board and appointing an administrator, the Reserve Bank of India has filed an insolvency petition against the troubled housing fi ...

Mumbai: The Reserve Bank of India (RBI) on Thursday announced that it has filed an application for the initiation of a ...

The CIRP for Jason Dekor commenced on December 19, 2019, and initially, the CoC decided to seek liquidation due to the absence of a viable Resolution Plan. However, after a legal challenge and a ...

Financial Creditor had the discretion to invoke the pledge – IBC application can be admitted despite appellant’s ongoing attempts at settlement ...

However, the Supreme Court's ruling now dictates that if the plan involves substantial market changes-such as mergers or acquisitions-the CCI's approval is essential before the CoC can consider the ...

Enforcement Directorate restores ₹100 crore assets to Pixion Media Limited liquidator after bank fraud investigation.

The Enforcement Directorate ED on Thursday restored assets worth Rs 100 crore to the liquidator of Pixion Media Ltd on behalf of a group of banks the central ...