Recent cases where creditors have recovered even more than the admitted amount under the IBC generate hope. Thank the courts ...

Ailing battery cell manufacturer Northvolt could seek bankruptcy protection under US law. Such proceedings are considered one ...

The Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to expedite the insolvency process for real estate ...

Once a firm is admitted into insolvency and a moratorium is imposed, it basically means that no judicial proceedings for ...

DGGI is planning to approach the NCLT to recover INR 250 Cr of unpaid taxes from the US subsidiaries of BYJU’S, which is ...

Section 9 of the Insolvency and Bankruptcy Code (IBC) allows operational creditors to initiate a corporate insolvency ...

The Tribunal dismissed the Corporate Debtor's challenge to the July 15, 2024 order, ruling that the Insolvency and Bankruptcy ...

A more effective solution would be to adopt the waterfall mechanism from the FSC framework, which prioritises the interests ...

After five years of trials and tribulations, the grounded airline Jet Airways’ wings have been clipped. Any hopes of a ...

The IBBI suggests a mediation mechanism for operational creditors prior to insolvency applications, aiming to ease the burden ...

The Bombay High Court recently ruled that money deposited by a corporate debtor in court as a security deposit before the ...