ICAI suggests key reforms to improve IBC effectiveness
The Institute of Chartered Accountants of India (ICAI) has proposed a series of strategic reforms to strengthen the Insolvency and...
Main Story
40 insolvency resolution cases which resulted in 100% recovery
The Insolvency and Bankruptcy Code (IBC), 2016, has achieved a remarkable milestone with 40 corporate insolvency resolution processes (CIRPs) yielding 100% recovery of admitted...
NCLAT upholds order dismissing insolvency proceedings against PepsiCo India
The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by SNJ Synthetics Limited against an order by...
NCLT gives nod to initiation of insolvency proceedings against GVK Energy
The National Company Law Tribunal (NCLT), Hyderabad Bench, on Wednesday initiated insolvency proceedings against GVK Energy Limited, a corporate guarantor...
Insolvency petition filed against Reliance Home Finance
Reliance Home Finance, once owned by Anil Ambani, is staring at insolvency proceedings after a financial creditor, Invent Assets Securitisation...
What went wrong: A relook at Bhushan Power and Steel Limited insolvency process
As the Supreme Court rejected the resolution plan of JSW Steel for Bhushan Power and Steel Limited (BPSL) almost six...
SC quashes Bhushan Power and Steel resolution; orders liquidation
In a decisive verdict that underscores the sanctity of India’s insolvency framework, the Supreme Court on Friday quashed JSW Steel’s...
Artha Global Opportunities Fund nets 6X return from investments in distressed assets
Artha Global Opportunities Fund, the first Foreign Portfolio Investor (FPI) focused on distressed assets and special situations to shift its...
Limited Insolvency Examination scheduled on 5th May postponed to 1st July 2025
Due to administrative exigencies, the commencement of Phase 9 of Limited Insolvency Examination (LIE), which was earlier scheduled to begin...
SC orders CBI probe into builder-bank collusion affecting over 1,200 homebuyers
The Supreme Court of India has directed the Central Bureau of Investigation (CBI) to launch a sweeping probe into alleged...