Since 2016, total resolved debt through various mechanisms has touched Rs 48 lakh crore. Of this, the IBC has shown the highest recovery rate of around 30-35 per cent, compared to 22 per cent for ...

The accused were produced before a special court in Gurugram and were remanded to the custody of the anti-money laundering ...

Enforcement Directorate arrests Universal Buildwell promoters for real estate fraud, diverting funds for personal gain, ...

In addition to resolution under IBC, the report pointed out that nearly 30,000 cases involving around Rs 14 lakh crore of ...

Sreekanth Reddy, Joint MD of Sagar Cements said Andhra Cement, which Sagar acquired through National Company Law Tribunal (NCLT), has outperformed expectations and is now a standout asset.

The NCLT Ahmedabad admitted IREDA's plea for insolvency against Gensol Engineering Ltd over Rs 510.10 crore loan default.

Mumbai: Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more ...

The recent controversial judgment rendered by the Supreme Court in Kalyani Transco v. Bhushan Power & Steel Ltd.(“Bhushan Steel”) ignited a lot of debate on ...

Close to the end of IBC's first decade, the timeline for Corporate Insolvency Resolution Process (CIRP) resolution continues ...

Indore (Madhya Pradesh): The Supreme Court on Tuesday expressed concern over irregularities in the appointment and posting of members to the National Company Law Tribunal (NCLT) benches across India, ...

SBI has classified Reliance Communications and Anil Ambani as ‘fraud’ again and preparing a CBI complaint, Parliament was ...

The bank has also initiated Personal Insolvency Resolution Process under IBC against Anil Ambani and the same is being heard by NCLT, Mumbai, Minister of State for Finance, Pankaj Chaudhary, said.