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 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...
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...
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...
Neesa Agritech assets worth ₹14.2 crore put on block under liquidation process
The liquidator of Neesa Agritech and Foods Ltd has initiated the sale of the company's land assets through an e-auction...
MCA invites applications for IBBI chairperson as Ravi Mital’s tenure nears end
The Ministry of Corporate Affairs (MCA) has initiated the process to appoint a new Chairperson of the Insolvency and Bankruptcy...
Ind-Barath Power (Madras) Ltd’s 641-acre Tuticorin plant heads to auction
A sprawling 641-acre power plant site in Tuticorin, Tamil Nadu, is set to go under the hammer on 29 June...
How IBC helped PSU banks cut down on bad loans in FY26
India's major public sector banks (PSBs) have doubled down on the Insolvency and Bankruptcy Code (IBC) and the National Company...
20-acre WB land parcel of Khaitan Electricals to go under the hammer on 10 June
Khaitan Electricals Limited, currently under liquidation pursuant to the Insolvency and Bankruptcy Code, 2016 (IBC), will auction a 20.52-acre freehold...
KLSR Infratech gets SC relief as insolvency plea gets dismissed; courts flag pressure tactics
The Supreme Court has upheld an order of the National Company Law Appellate Tribunal (NCLAT) setting aside insolvency proceedings initiated...