Category: Legal

The panel of experts constituted by the government to review the Insolvency and Bankruptcy Code (IBC) has recommended that the National Company Law Tribunal (NCLT)

This option will not only reduce litigation but also bring in transparency Over a year after its enactment, the Insolvency and Bankruptcy Code has kicked

India’s revamped bankruptcy process is in full swing and investors from Blackstone Group LP to Oaktree Capital Group LLC are salivating over an estimated $210

India would do well to consider ushering in the concept of ‘pre-packs’ in its insolvency regime, the National Company Law Tribunal (NCLT) President MM Kumar

The Mumbai Bench of the National Company Law Tribunal has admitted ICICI Bank’s plea to initiate corporate insolvency resolution process against Unimark Remedies Ltd to

The Kolkata bench of National Company Law Tribunal (NCLT) on Tuesday reserved its order in the ongoing corporate insolvency resolution process of Binani Cement. The

Debt-ridden Videocon Group today approached the principal bench of NCLT requesting it to direct all insolvency case, filed by its lenders against seven group companies

Essar Steel’s Committee of Creditors (CoC) is veering towards inviting fresh bids for the stressed asset, paving the way for JSW Steel, Vedanta, Tata Steel,

The ordinance is likely to allow people to file resolution applications on behalf of the financial creditors as their guardians or the administrators or executors

Resolution professionals (RPs) are coming under sharp attack not only from bidders but also the National Company Law Tribunal (NCLT) for not following the process

The government must amend the IBC to recognise the legitimate claim of home buyers. A paper by industry lobby Assocham surmises that the Insolvency and Bankruptcy Code and the

The judges could have considered the fact that the Insolvency and Bankruptcy Code (IBC) is in its early days—the government has amended it once already,

The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned to May 2 its hearing on the Reliance Infratel petition seeking permission to sell its

The rules set to implement the Insolvency and Bankruptcy Code would appear to be in conflict with the public policy goal of securing the highest

National Company Law Tribunal (NCLT) Chairman Justice M M Kumar today said that Article 14 of the Constitution (right to equality) can be invoked if the committee

The National Company Law Appellate Tribunal (NCLAT) today refused to stay the NCLT proceedings on the resolution process of debt-ridden Binani Cement. The appellate tribunal,

According to the RP, on the date of submission of the Numetal Resolution plan, (Feb 12, 2018), the shareholding of the applicant was: 40% held