Reliance Power

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...

Securities Market Code

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'...

Auction of Ushdev International

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...

Three C Green Developers

NCLT approves Rs 367.93-crore resolution plan for Three C Green Developers, orders CBI probe into Noida Sports City land scam

The National Company Law Tribunal's Special Bench (Court-II) has approved a Rs 367.93 crore resolution plan submitted by Gurgaon-based Hynite...

Sarv Awas Housing Bhiwadi Private Limited

NCLT approves Rs 28.38-crore resolution plan Sarv Awas Housing Bhiwadi, offers homebuyers possession or refund

The National Company Law Tribunal (NCLT) has approved a Rs 28.38-crore resolution plan submitted by the Consortium of Rawal Ram...

Indian Soya Industries

NCLT clears Rs 30.33-crore resolution plan for Indian Soya Industries

The National Company Law Tribunal (NCLT) has approved the Rs 30.33-crore resolution plan submitted by Maa Annapurna Agritech Pvt Ltd,...

sale of immovable assets

RBI caps holding period for immovable assets acquired from bad loans at seven years

Commercial banks will now have to dispose of immovable assets acquired from defaulting borrowers within a maximum of seven years,...

Neeta Chemicals

Neeta Chemicals asset up for e-auction under IBC; Hyderabad land parcel valued at ₹21 crore

A Hyderabad-based land parcel belonging to Neeta Chemicals (India) Private Limited, which is undergoing liquidation under the Insolvency and Bankruptcy...

VAS Infrastructure

NCLT rejects Authum Investment’s resolution plan for Vas Infrastructure

The National Company Law Tribunal (NCLT), Mumbai Bench, has rejected the resolution plan submitted by Authum Investment and Infrastructure Ltd...

Limted Insolvency Examination

IBBI revises Limited Insolvency Examination syllabus; new pattern effective October 1, 2026

The Insolvency and Bankruptcy Board of India (IBBI) has released the revised syllabus for Phase 10 of the Limited Insolvency...