Navigating the complex world of insolvency and bankruptcy can be a challenging task as different countries have different ...

Creditors have recovered Rs 3.58 lakh crore through resolution plans under India's insolvency law, according to official data ...

Creditors have recovered Rs 3.58 lakh crore through resolution of 1,119 cases under the insolvency law till December 31, 2024 ...

With the advent of Insolvency and Bankruptcy Code, 2016 [“IBC”], the corporate insolvency resolution in India has ...

This would benefit creditors in long-running cases like KSK Mahanadi, under CIRP since October 2019. IBBI has asked ...

Currently, there are two stages in IBC — CIRP and liquidation. In the CIRP stage, if no resolution plan is received or plan ...

Under the IBC, an application for withdrawal of the insolvency process can be accepted by the NCLT if 90% or more of the ...

One of the important changes empowers resolution professionals after obtaining approval of the Committee of Creditors and ...

On Monday, the NCLT also asked all parties to file their replies concerning allegations that former resolution professional ...

The paper proposes several amendments to address operational challenges in the resolution framework. The IBBI has invited ...