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 ...

The IBC has the potential to strengthen India's economic fabric, but its misuse as a tool for corporate vengeance risks ...

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

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 Insolvency and Bankruptcy Code (IBC), which provides for a market-linked and time-bound resolution of stressed assets, ...