Go First gets claims worth Rs 24,000 crore from creditors Go Airlines filed for bankruptcy protection in May. 2 years agoJuly 22, 2023
Insolvency and data protection bills on monsoon session agenda Session to be between July 17-August 11 2 years agoJune 23, 2023
IBC and third-party assets: Proceedings against Go First once again highlights issue on resolution process This issue cropped up in the resolution of RCom and Aircel earlier and now is holding up Go First’s resolution.… 2 years agoJune 11, 2023
Don’t hamstring creditors: Insolvency board’s proposal for preference voting is flawed In a discussion paper published on Wednesday, the Insolvency and Bankruptcy Board of India (IBBI) has proposed that the committee… 2 years agoJune 9, 2023
Insolvency process of realty projects needs to undergo a sea-change to provide relief to homebuyers: Santosh Pandey In an exclusive interview, Santosh Pandey, CEO, Sarthak Advocates & Solicitors, shares his perspective on why the insolvency process of… 2 years ago
NCLAT upholds NCLT order allowing Go First’s voluntary insolvency proceedings “The order dated May 10, 2023 allowing insolvency is upheld,” said the NCLAT bench headed by Chairperson Justice Ashok Bhushan. 2 years agoMay 22, 2023
One less hurdle for Sony merger: NCLT dismisses IDBI Bank’s insolvency plea against Zee This comes at a time when Zee is close to completing a merger with Sony Pictures Network India, a subsidiary… 2 years agoMay 19, 2023
File Bankruptcy Petition: How to submit insolvency petition with NCLT; step-by-step process Steps To File Insolvency Petition: NCLT with territorial jurisdiction over the place where the registered office of the corporate is,… 2 years ago
Wholesale, retail trade units 10% of companies admitted for insolvency resolution till March: CareEdge Ease of doing business for MSMEs: Cases under CIRP have increased each quarter since the launch of IBC, highlighting the… 2 years ago
Bank of Baroda launches Electronic Bank Guarantee on its digital platform Ease of Doing Business for MSMEs: The new facility will enable the public sector bank to issue inland bank guarantees… 2 years ago
IBBI looks to crowd source ideas; seeks public comments on regulations under insolvency law IBBI is a key institution in implementing the Insolvency and Bankruptcy Code (IBC), which came into force in late 2016. 2 years agoMay 6, 2023
IndiGo shares surge after smaller rival Go First files for bankruptcy Cash-strapped airline Go First filed for bankruptcy on Tuesday, blaming “faulty” Pratt & Whitney engines for the grounding of about… 2 years agoMay 3, 2023
Go First files for insolvency, all flights suspended for two days The budget carrier has also filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT),… 2 years agoMay 3, 2023
Jaypee Infra insolvency: Suraksha Group to infuse Rs 250 crore, arrange Rs 3k crore loan to complete 20,000 flats As per the resolution plan of Suraksha Group submitted in June 2021, Jaypee Infratech Ltd (JIL) will get delisted and… 3 years agoMarch 9, 2023
NCLAT bench stays Zee insolvency order On Thursday, in an attempt to save the earlier proposed merger with Culver Max Entertainment (CME), Goenka had moved NCLAT… 3 years agoFebruary 24, 2023
NCLT admits insolvency plea against Zee Entertainment The bankruptcy court admitted a petition filed earlier by IndusInd Bank, which had moved the court seeking a payment of… 3 years agoFebruary 22, 2023
IBC getting more popular for debt resolution even as recovery continues to fall, shows high number of cases The numbers admitted for Corporate Insolvency Resolution Process (CIRPs) have continuously increased since the launch of IBC in 2016. On… 3 years ago
Boosters for resolution The proposed changes to IBC should help; govt must also address NCLT’s capacity deficit issues 3 years agoJanuary 24, 2023
