SC reins in Customs department yet again; this time in ABG Shipyard CIRP case
The Supreme Court in its order on 26 August 2022 held that the Insolvency and Bankruptcy Code would prevail over...
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Reliance Capital insolvency resolution period extended by 60 days
The Mumbai bench of the National Company Law Tribunal has extended the corporate Insolvency Resolution Process (CIRP) period Reliance Capital...
Chartered accountants final exam 2022 results announced; only 12.6% cleared both papers
The Institute of Chartered Accountants of India (ICAI) on 15 July 2022 announced the result of Chartered Accountants Final Examination...
Credit monitoring start-up TruBoard raises $2.7 million from marquee investors
TruBoard Partners, a tech-enabled asset monitoring & collections platform, has raised an $2.7 million equity from investors lead by marquee...
CBI files case against DHFL, promoters in a Rs 34,615 cr bank fraud
The Central Bureau of Investigation has registered a case against DHFL and its promoters Kapil Wadhawan and Dheeraj Wadhawan for...
Insolvency panel for curb on revision of resolution plans, code of conduct for CoC
In order to address the issue of delays in Corporate Insolvency Resolution Plan (CIRP) and remove inefficiencies in the process,...
Amazon opposes insolvency petition against Future Retail
Even as the Indian Bank Consortium on Thursday requested the National Company Law Tribunal (NCLT) to urgently admit its application...
Birla Tyres in insolvency court after failing to pay Rs 16 crore to vendor SRF Ltd
Birla Tyres, a part of the famous BK Birla Group of Companies and Kesoram Industries Ltd, will now face insolvency...
Unpaid salary lands Zoom Air in trouble; insolvency proceedings initiated
Regional airlines Zexus Air Service Pvt Ltd, which runs an airlines service by the name of Zoom Air, has gone...
Section 29A does not disqualify a resolution applicant permanently: Tribunal
The intention of Section 29A could never have been to disqualify a resolution applicant permanently if there is an initial...