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In what could become a defining moment for corporate governance in India, the National Company Law Tribunal (NCLT) has begun ...
Resolution plans have on an average yielded a recovery of 93.4% of the fair value of the assets, says Shailendra Ajmera.
In addition to resolution under IBC, the report pointed out that nearly 30,000 cases involving around Rs 14 lakh crore of ...
The court observed that the move aligns with the objectives of the Insolvency and Bankruptcy Code (IBC) and could lead to the ...
In nine years, IBC helps resolve over Rs 26 lakh crore of debt - Directly or indirectly - Amendments target enhanced ...
NCLT approves Adani Cementation merger with Ambuja Cements, consolidating Adani Group's cement business for synergistic ...
IBBI suspends IP Amit Agrawal for 3 months over failure to fully disclose newly discovered assets in a corporate insolvency ...
Indore (Madhya Pradesh): The Supreme Court on Tuesday expressed concern over irregularities in the appointment and posting of members to the National Company Law Tribunal (NCLT) benches across India, ...
The petition, filed under Section 95 (1) of the Insolvency and Bankruptcy Code (IBC), 2016, pertained to a default amounting ...
The NCLAT overturned the NCLT's decision to replace the resolution professional in Hindusthan National Glass Industries' insolvency case. The Supreme Court directed the NCLT to adhere to its ...
Adani Group is the second-largest Cement manufacturer in the country with over 100 million tonnes per annum (MTPA) capacity.
Since 2016, IBC has enabled the direct resolution of ₹12 lakh crore of debt for around 1,200 cases of stressed borrowers.