The Madras High Court set aside execution of a ₹34.5 lakh MSME award, holding that the creditor’s claim stood extinguished because it was not submitted during the CIRP and was absent from the approved ...

DFS Secretary M Nagaraju acknowledged the progress made in the cases admitted and resolved or rescued during the course of the year.

The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under ...

As part of a bankruptcy settlement, JM Financial Products has been allotted more than 142,000 square feet of office space in Mumbai’s Mulund. (Image/FB) The Insolvency and Bankruptcy Board of India ...

The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU's CIRP process ...

The tribunal ruled that reassessment proceedings for a period prior to the approval of an NCLT resolution plan cannot be sustained. It held that once the resolution plan is approved, tax demands ...

https://www.thehindubusinessline.com/money-and-banking/invitation-and-submission-of-insolvency-resolution-plans-will-be-via-an-electronic-platform-ibbis-measures-to ...

The central government may also encourage the use of alternative dispute resolution mechanisms such as mediation and arbitration to resolve disputes amicably and quickly, thereby reducing the burden ...