Course correction on IBC The Supreme Court (SC) reversed a previous bench’s decision by upholding the NCLAT-approved resolution plan for Bhushan Power and Steel… 1 day agoSeptember 28, 2025
Govt to junk “arbitrary” mechanism under IBC to assess claim values; New set of rules for resolution professionals on the anvil To expedite insolvency resolution, the government’s IBC Amendment Bill, 2025 proposes giving Resolution Professionals (RPs) “quasi-judicial authority” to verify and… 4 days agoSeptember 26, 2025
Insolvency delays to reduce with IBC amendments: IBBI chairman The Insolvency and Bankruptcy Board of India (IBBI) is introducing a new framework to speed up the insolvency resolution process,… 1 month ago
US corporate bankruptcies soar, cross 2020 pandemic levels with 71 filings in a month: Report Companies like Canned goods producer Del Monte Foods filed for Chapter 11 bankruptcy, as they witnessed reduced demand and high… 1 month agoAugust 19, 2025
Boost to Insolvency and Bankruptcy Code The new Bill should be able to address several shortcomings of the insolvency process. 2 months agoAugust 13, 2025
IBBI suggests guidelines to avoid dual proceedings IBBI’s expert panel proposes new rules to prevent parallel disciplinary actions against insolvency professionals. The move aims to ensure fairness,… 2 months agoAugust 10, 2025
No final decision yet on insolvency code changes: Govt The government confirmed no final decision has been made on proposed changes to the Insolvency and Bankruptcy Code (IBC), delaying… 2 months agoJuly 28, 2025
RPs now need to inform creditors about dubious deals before resolution process The IBBI has made it mandatory for Resolution Professionals (RPs) to inform the Committee of Creditors (CoC) about fraudulent or… 3 months ago
Vedanta outlines three-pronged growth plan Mining giant Vedanta held its 60th AGM, with Chairman Anil Agarwal detailing a “3D strategy” of demerge, diversify, and deleverage… 3 months ago
Insolvency Bill may be deferred The tabling of the Insolvency and Bankruptcy Code (IBC) amendment Bill in the upcoming monsoon session is now uncertain, as… 3 months ago
Adani Power completes Vidarbha Industries Power acquisition under IBC for Rs 4,000 crore Adani Power has completed the Rs 4,000 crore acquisition of Vidarbha Industries Power Ltd under the IBC process. The deal… 3 months ago
Adani offers unconditional Rs 12,600 cr bid for Jaiprakash Associates; Dalmia front-runner but with caveats Adani Group has submitted an unconditional Rs 12,600 crore bid for Jaiprakash Associates under the insolvency process, while Dalmia Bharat’s… 3 months ago
Monsoon session to see heavy economic agenda The upcoming Monsoon Session of Parliament is set to be a pivotal economic event, with a strong focus on boosting… 3 months ago
Jaiprakash Associates receives five bids in insolvency process: Adani, Vedanta, Jindal among contenders Jaiprakash Associates has received five bids along with earnest money for the acquisition of the company in its entirety. Here… 3 months agoJune 26, 2025
FirstCry parent’s subsidiary GlobalBees faces Rs 64.92 crore insolvency petition from Kuber Mart directors GlobalBees Brands is facing an insolvency petition filed by Kuber Mart’s directors over a Rs 64.92 crore claim. The move… 3 months agoJune 18, 2025
Bankruptcy settlement lands JM Financial 142,000 sq ft in Mulund commercial project JM Financial Products has acquired over 142,000 sq ft of office space in Mulund as part of a bankruptcy settlement… 4 months agoJune 11, 2025
Big relief for Reliance Infrastructure, NCLAT stays insolvency proceedings NCLAT has stayed the insolvency proceedings against Reliance Infrastructure as it suspends NCLT’s order. Reliance Infrastructure had opposed the insolvency… 4 months agoJune 4, 2025
IBC outlook FY25: Better recoveries, fewer liquidations, but slower resolutions – ICRA seeks reforms Per ICRA, the number of resolution plans (RP) approved by the NCLT under the IBC showed a marginal dip to… 4 months agoMay 28, 2025
