Changes in insolvency rules empower resolution professionals to hand over possession of properties to homebuyers while the ...

The action was taken basis recommendation of the National Housing Bank (NHB). Later, it filed an application with the NCLT, ...

The National Company Law Tribunal has initiated a corporate insolvency resolution process against AVIOM India Housing Finance, following governance concerns. After the RBI superseded AVIOM's board, an ...

The National Company Law Tribunal (NCLT) has admitted insolvency proceedings against AVIOM India Housing Finance, following ...

NCLT has directed the resolution professional to return the management control of the firm to ex-management and also ended ...

The National Company Law Tribunal (NCLT) on Thursday admitted embattled Non-Banking Financial Company (NBFC), Aviom India ...

The Kerala High Court yesterday (on February 12), observed that during the Corporate Insolvency Resolution Process, ...

IBBI has noted that the current IBC process treats each entity as a standalone unit, overlooking the intricate web of interdependencies often present in modern business ecosystems ...

The discussion paper by Insolvency and Bankruptcy Board of India envisages procedural coordination of insolvency resolution process of interconnected entities.

IBBI chairman Ravi Mital, in the regulator’s latest quarterly newsletter, pointed to a steady rise in corporate resolutions and a sharp decline in liquidations since 2020-21 ...

Rescue of insolvent firms under the Insolvency and Bankruptcy Code has improved, with 1.3 firms saved for every firm ...

NCLT said "there is a nexus and connection" between its financial creditor Experts Realty Professionals whose plea for ...