Special features of insolvency laws in Cayman Islands
Cayman Islands, a well-known tax haven, accounts for a substantial amount of FDI in India. Many Indian promoters incorporate their...
Trending Story
Can Jaypee Infratech ‘resolution’ be derailed, again?
As the euphoria around ‘resolution’ of the corporate insolvency resolution process of Jaypee Infratech finally settles down, it is time...
India operations of Chinese ZTE Telecom face insolvency proceedings
The India operations of Chinese telecom equipment company ZTE Telecom India Pvt Ltd will undergo corporate insolvency resolution process (CIRP)...
Commercial Chapter 11 bankruptcy filings in US increase 70% in January
Bankruptcy new filings were up year-over-year across Chapter 7, 11, 13, and 15 in January 2023, according to data provided...
Important Sections of Insolvency and Bankruptcy Code (IBC), 2016
Here are some of the most important sections of the IBC, 2016: Section 7: This section provides for the initiation...
Insolvency Law Academy awards ILA Emeritus Fellowship to Justice Manmohan Sarin
Insolvency Law Academy (ILA), an independent think tank, has announced that it would award ILA Emeritus Fellowship to retired Justice...
Future Retail moves SC against lenders; here’s the gist of the petition
Facing insolvency and bankruptcy proceedings as it is unbale to repay Rs 3,500 crores for bank liabilities due up to...
Apex Court allows resolution plan of MBL Infrastructure despite Section 29A breach
The Supreme Court of India has rejected an appeal by dissenting creditors of MBL Infrastructure to quash an NCLT order...
Why did NCLAT throw out petition by Venugopal Dhoot in Videocon Industries CIRP case
While setting aside the NCLT’s order approving Twin Star Technologies Ltd’s resolution plan in the Videocon Industries Ltd corporate insolvency...
Essel Group chairman Subhash Chandra says 91% debt settled with lenders
Essel Group chairman Subhash Chandra has revealed that over 91% of the debt has been settled to 43 lenders, and...