Month: April 2026

Golden Peacock Residence

EoI for resolution of Golden Peacock Residence invited by 29 April

Golden Peacock Residence Private Limited, a real estate company developing the Michael Schumacher World Tower in Gurugram, has officially invited...

Khaitan Electricals

Key amendments to the Insolvency and Bankruptcy Code

The Insolvency and Bankruptcy Code (Amendment) Act, 2026 (No. 6 of 2026) introduced significant structural changes to the IBC 2016....

Sony Research

Sony Research India to shut operations; files for voluntary liquidation

Sony Research India Private Limited has officially commenced the process of voluntary liquidation, effective April 13, 2026. The move was...

Insolvency against Rana Kapoor entities

NCLT admits insolvency pleas against four subsidiaries of Rana Kapoor -linked RAB Enterprises

The National Company Law Tribunal (NCLT) New Delhi Bench has admitted four separate petitions for the initiation of Corporate Insolvency...

Auction of Gitanjali Gems assets

E-auction announced for Nakoda Limited; assets valued at over ₹103 crore

The liquidator for Nakoda Limited, Ravindra Kumar Goyal, has announced a formal e-auction for the sale of the company’s assets...

BILT

BILT emerges from insolvency with new promoter, and a revival plan

Ballarpur Industries Limited (BILT), one of India’s oldest paper manufacturers which emerged from a three-year long corporate insolvency resolution plan,...

Khaitan Electricals

NCLAT: Cause list for week of 13–16 April 2026

📅 MONDAY, 13 APRIL 2026 🏛️ Chairperson's Court (Justice Ashok Bhushan + Barun Mitra) For Judgment / Orders: 1. ⚡...

Real estate

Only 17% real estate insolvency cases have seen resolution

India’s insolvency framework for real estate is showing mixed outcomes nearly nine years after the rollout of the Insolvency and...

Golden Peacock Residence

Panel proposes project-centric, completion-driven approach to resolve real estate insolvency cases

In a sweeping attempt to overhaul the insolvency framework for the real estate sector, a committee set up by the...

Digital Frauds

RBI proposes four-pillar defence against digital frauds

The Reserve Bank of India’s move toward these stringent controls is a response to the "unprecedented pace" of India's digital...