In 2016, Parliament enacted an ambitious statute, the Insolvency and Bankruptcy Code, 2016 ("IBC"),  with the stated ...
The Insolvency and Bankruptcy Code, 2016 (IBC Code) enacted on May 28, 2016, provides for invitation of resolution plans from Prospective Resolution Applicants (PRAs) for revival of the corporate ...
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 Court noted that the Revenue had not submitted any claim during the insolvency resolution process for the relevant assessment years. Following established precedent, the appeals were ...
The surge in Jaiprakash Power Ventures share price comes as investors assess the potential implications of the Adani Group securing Committee of Creditors (CoC) approval for its resolution offer for ...
The Cuttack bench of the National Company Law Tribunal (NCLT) has reserved its order on a plea by lenders seeking reinitiation of the corporate insolvency resolution process (CIRP) against bankrupt ...
In a bid to enhance the corporate insolvency resolution process (CIRP) in India, the Insolvency and Bankruptcy Board of India (IBBI) on Thursday notified the changes to CIRP regulations, which have ...
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 ...