SC bars operational creditors’ suits, arbitration after Tata Steel resolution plan for Bhushan Steel
The Supreme Court has ruled that operational creditors of Bhushan Steel Limited cannot pursue civil suits or arbitration for past...
26-km BOT road project of Supreme Vasai Bhiwandi Tollways up for auction at ₹42 crore
The liquidator of Supreme Vasai Bhiwandi Tollways Pvt Ltd, which is undergoing liquidation under the Insolvency and Bankruptcy Code (IBC),...
NCLT approves Rs 288-cr resolution plan for ACCIL Corporation
The Jaipur bench of the National Company Law Tribunal (NCLT) has approved a resolution plan worth Rs 288.37 crore submitted...
NCLT approves Rs 352-cr resolution plan for Radius & Deserve Land Developers
The National Company Law Tribunal's Mumbai bench has approved a Rs 352.5 crore resolution plan submitted by Bharadvaja Buildcon LLP...
Seven years on, Alok Industries remains an IBC outlier as RIL deconsolidates the textile unit
The RIL disclosures indicate that, seven years after the RIL-JM Financial ARC consortium took control of Alok Industries through the...
The long descent: how Jet Airways is being sold off, bit by bit
In a warehouse at Mahipalpur, on the road out of Delhi airport, sat a Maruti Alto LXI, registration DL3CAW7262. On...
YES Bank offloads 31,659 bad loan accounts ARCs in FY26
YES Bank has sharply pared its bad loan stock in FY 2025-26, with gross non-performing assets (GNPA) falling to 1.3%...
Insolvency sword hanging over Reliance Power
Reliance Power Limited's annual report for 2025-26 shows the company entangled in insolvency proceedings on multiple fronts, with a lender...
Parliamentary panel recommends clearing corporations get overriding priority over IBC in Securities Markets Code
The Standing Committee on Finance has recommended a change to the Securities Markets Code, 2025 that would give clearing corporations'...
Rs 149-cr assets of Ushdev International up for sale under liquidation process
Liquidator Trupalkumar J Patel has invited bids for 14 lots of land, windmills, equity shares and advance receivables belonging to...