LG Chem

LG Chem Life Sciences India enters voluntary liquidation; Move aligns with global corporate restructuring

LG Chem Life Sciences India Private Limited has officially commenced a voluntary liquidation process, marking a significant structural shift for...

IIMA

IIMA study reveals major post-IBC recovery; Sales up 89%, market cap triples

A comprehensive study released by the Indian Institute of Management Ahmedabad (IIMA) , in collaboration with the Insolvency and Bankruptcy...

Knightsbridge

NCLT dismisses insolvency proceedings against ATS Heights, clearing path for ATS Knightsbridge completion

The National Company Law Tribunal (NCLT) New Delhi Bench has formally dismissed the insolvency proceedings against ATS Heights Private Limited,...

Ujaas Energy

Supreme Court rules on ‘clean slate’ principle: Ujaas Energy allowed limited defence against counterclaims

In a significant judgment concerning the intersection of insolvency law and arbitration, the Supreme Court of India has clarified the...

Khaitan Electricals

SC upholds Varutha Developers resolution plan; rejects plea by unsuccessful bidder

In a ruling reinforcing the finality of insolvency proceedings under the Insolvency and Bankruptcy Code (IBC), the Supreme Court of...

Jaiprakash Associates

Details of Adani Group’s Rs 15,000-cr resolution plan for Jaiprakash Associates

In a landmark development for India’s infrastructure sector, the National Company Law Tribunal (NCLT) Allahabad Bench has approved a comprehensive...

Khaitan Electricals

Section 29A in practice: SC, NCLAT & NCLT’s approach to ineligibility in CIRP

Section 29A of the Insolvency and Bankruptcy Code, introduced in 2017, bars defaulting promoters, wilful defaulters and other tainted persons...

Raigarh Champa Rail Infrastructure

NCLT approves Rs 700 cr resolution plan for Raigarh Champa Rail Infrastructure

In a significant ruling that brings a five-year-long insolvency proceeding to a close, the National Company Law Tribunal (NCLT) in...

JSW Infra acquires NCR Rail Infra

NCLT approves JSW Infra’s Rs 467 cr resolution plan for NCR Rail Infrastructure

The Mumbai Bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by JSW Infrastructure Limited...

Baggit insolvency

Baggit India to undergo insolvency process after failing to pay Rs 1.11 cr

The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted a Section 9 insolvency plea against Baggit India...