Search For "insolvency case"
Budget must prioritise NCLT infrastructure to reduce Insolvency and Bankru
Updated : 1 month, 3 weeks ago IST
The Union Budget for 2026-27 will be tabled in the Parliament on Sunday morning.
Read More
IBC Amendment Bill 2025, has provisions for faster and efficient resolutio
Updated : 7 months, 2 weeks ago IST
Finance Minister Nirmala Sitharaman on Tuesday introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the Lok Sabha, aiming to reduce delays and strengthen governance of the insolvency resolution process.
Read More
Corporate insolvency cases fall 28% to 724 in FY2025; recoveries still low
Updated : 10 months ago IST
Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA.
Read More
SMBC Aviation Capital challenges NCLT order protecting Go First from recov
Updated : 2 years, 10 months ago IST
On Wednesday, the NCLT admitted Go First's plea for voluntary insolvency and admitted for the initiation of Corporate Insolvency Resolution Process (CIRP) proceedings. NCLT has granted Go First protection under a moratorium from recovery by lessors and lenders.
Read More
Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,35
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 19 (ANI): Debt-ridden Ruchi Soya's resolution is complete with Yoga guru Baba Ramdev's Patanjali Ayurved depositing Rs 1,100 crore equity in a State Bank of India (SBI) escrow account to acquire the edible oil maker for Rs 4,350 crore.
Read More
NCLAT stays proceedings in Raheja Developers insolvency case, reserves ord
Updated : 6 years, 5 months ago IST
New Delhi [India] Oct 14(ANI/BusinessWire India): In a relief to Delhi based Raheja Developers Ltd, National Company Law Appellate Tribunal (NCLAT) has reserved its order in the case of insolvency proceedings and ordered a stay on Publication of Notices, Claims and Constitution of Committee
Read More
ICICI examines pending insolvency cases in Board meeting
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 2 (ANI): In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Ban
Read More
ICICI Board to meet today
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 2 (ANI): ICICI Bank's board will meet on Monday to review the insolvency cases before National Company Law Tribunal.
Read More
Insolvency case: SC directs NCLT-appointed IRP to take over Jaypee's manag
Updated : 8 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): The Supreme Court on Monday directed National Company Law Tribunal (NCLT)-appointed Interim Resolution Professional (IRP) to take over Jaypee associates' management to work out a plan to protect the interests of homebuyers and creditors and also asked the rea
Read More