Delhi HC examines GST pre-deposit rule for companies under liquidation
The Delhi High Court has sought the Centre’s assistance in examining whether companies undergoing liquidation under the Insolvency and Bankruptcy...
Liquidation
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...
Sony Research India to shut operations; files for voluntary liquidation
Sony Research India Private Limited has officially commenced the process of voluntary liquidation, effective April 13, 2026. The move was...
NCLT appoints new liquidator for Uniply Industries amidst suspension of previous one
The National Company Law Tribunal (NCLT), Chennai Bench, has approved the appointment of Ms. Santhanam Rajashree as the new Liquidator...
Hemadri Cements to consider voluntary liquidation
The Board of Andhra Pradesh-based Hemadri Cements is likely to consider viability of operations and examine the proposal for Voluntary...
How to claim unclaimed dividend or proceeds from a company under liquidation
The Insolvency and Bankruptcy Board of India (IBBI) manages unclaimed dividend and undistributed proceeds from companies undergoing liquidation through a...
IBBI proposes end to ‘Going Concern’ sales in liquidation for faster resolutions
The Insolvency and Bankruptcy Board of India (IBBI) has proposed to eliminate the provision allowing sale of corporate debtors (CD)...
IBBI mandates eBKray auction platform for liquidation processes
In a significant move to enhance transparency and streamline the liquidation process, the Insolvency and Bankruptcy Board of India (IBBI)...
FAQs on the use of eBKray portal
In collaboration with the Indian Banks’ Association (IBA), IBBI has introduced a centralized online platform, eBKray, to streamline the process...
Creditors recover Rs 3.36 lakh crore from 947 resolved CIRPs till 31 Mar’24
In the seven full (financial) years of Insolvency and Bankruptcy Code (IBC) since 2017-18, the new loan recovery system has...