IBC Amendments 2025: Lok Sabha Panel Chief Hails Reforms
Lok Sabha panel chief Baijayant Panda calls IBC amendments a 'game-changer' to halve resolution time and boost recoveries. Bill excludes project-specific insolvency for real estate.
Category : Search result: Ansal Properties insolvency
Dadar Parsi Colony: Balancing Heritage with High-Rise Redevelopment
Explore the transformation of Mumbai's Dadar Parsi Colony over 100 years. Discover how Parsi covenants, heritage charm, and modern towers coexist in this unique urban enclave. Read the full story.
Punjab defers transfer of 4 PSPCL properties amid protests
Punjab government postpones transfer of 4 prime PSPCL properties in Ludhiana & Jalandhar under OUVGL scheme amid engineer protests. Plans to generate ₹2,700 crore from sales.
Great Learning's Indian unit bought back from Byju's for $10M
Mohan Lakhamraju repurchases Great Learning's India business from Byju's at a steep discount amid the edtech giant's insolvency woes. Details on the deal and future plans revealed.
Panel wants 3-month deadline for NCLAT appeals under IBC
A parliamentary committee recommends a strict 3-month deadline for NCLAT to dispose of IBC appeals, addressing massive delays. The move aims to streamline India's corporate insolvency process. Read the full report.
Lok Sabha Panel Sets 3-Month Deadline for NCLAT Appeals
A Lok Sabha panel mandates NCLAT to resolve bankruptcy appeals within 3 months to speed up corporate rescue. It also bars resolution pros from becoming liquidators to curb perverse incentives. #IBC #BankruptcyReform
IBC Amendment Bill Report to be Tabled in Lok Sabha
A Lok Sabha committee will table its report on the IBC Amendment Bill 2025 on Wednesday, bringing a major insolvency law overhaul closer. The reforms aim to cut delays and boost investor appeal.
Chandigarh admin resists relaxations, sticks to CMP-2031
Chandigarh administration, asked by MHA for plans, is reluctant to grant major relaxations on leasehold, registry & FAR. Officials vow strict adherence to PMO-approved CMP-2031 to protect city's character.
46,000+ Waqf Properties Listed on Umeed Portal
Telangana Waqf Board chairman reveals over 46,000 properties are on the Umeed portal, with 33,500 Gazette-notified. Deadline missed, extension sought. A key step in safeguarding assets.
Waqf UMEED Portal Closes with Over 5 Lakh Property Uploads
The UMEED portal for waqf property registration closed on Dec 6 with over 5.17 lakh uploads. Minister Rijiju announced a 3-month penalty waiver for genuine cases. Explore the state-wise data and next steps.
Umeed Portal: 5 Lakh+ Waqf Properties Registered
The Umeed portal's initial registration phase concludes with over 500,000 Waqf properties documented. This marks a major step in transparency for India's Waqf assets. Read the full report.
Waqf Property Registration Deadline Ends in Hyderabad
The deadline for registering waqf properties on the central Umeed portal ended Dec 6 midnight. Thousands of properties remain unregistered. The Waqf Tribunal can now grant extensions.
Waqf Property Uploads Hit 4.6 Lakh, No Deadline Extension
The deadline for uploading waqf property details to the UMEED portal ended Saturday. While no extension is possible, a 3-month grace period without penalties has been announced. Read the full details.
Thousands of Waqf Properties Miss Registration Deadline
Last-minute rush to register waqf properties on Umeed portal leaves thousands unlisted in Telangana. Mutawallis must now seek tribunal extensions. Details inside.
Court Orders Charges Against Sushil Ansal for Passport Fraud
A Delhi court finds prima facie evidence to frame charges against Uphaar convict Sushil Ansal for concealing criminal history in passport applications. The case will proceed on Jan 13, 2026.
Byju's Offshore Firm Puts Aakash ₹250-Cr Rights Issue in Legal Jeopardy
Byju Raveendran's Singapore entity Beeaar Investco's role in Aakash's rights issue faces legal scrutiny amid QIA's $235M arbitration award. Experts warn of enforcement risk despite separate legal status. Read the full analysis.
Waqf Property Registration Deadline Looms, Portal Issues Cited
With a deadline tomorrow, Waqf boards across India face an uphill task uploading property details on the Centre's UMEED portal. Technical glitches and document scarcity hinder progress, with UP at 36% and Bengal at 12% registration. Muslim MPs seek extens
Waqf Property Upload Deadline: AIMPLB Seeks Extension
The All India Muslim Personal Law Board seeks a deadline extension for uploading waqf property details on the UMEED portal, citing technical issues and last-minute rush after the Supreme Court refused an extension. Read the full story.
Court orders charges against Sushil Ansal in passport case
Delhi court directs framing of charges against Uphaar convict Sushil Ansal for allegedly procuring passports using false information. Read the latest developments in the long-running legal saga.
Kerala HC Orders Byju's RP, GLAS, EY India Heads to Appear
Kerala High Court directs Byju's RP, GLAS representative & EY India Chairman to appear personally in contempt case over alleged asset transfer. Key hearing set for July 17.
SC: No Time Extension for Waqf Registration on UMEED
Supreme Court directs waqf bodies to approach tribunal for registration deadline extension. Centre opposed plea citing Waqf Act provisions. Read key details.
NCLT upholds IL&FS right to revise TIFC sale price
NCLT Mumbai validates IL&FS's move to raise TIFC sale price to ₹1,481 crore from Brookfield's ₹1,080 crore bid. Read the full legal and financial implications.
Aakash Rights Issue Stalled Over Byju's FEMA Compliance Issue
Aakash Educational Services halts ₹25 crore from Byju's parent in its crucial ₹250-crore rights issue over FEMA, ECB violations. The dispute threatens the fundraise amid leadership churn and insolvency battles. Read the full analysis.
Aamir Khan's Rs 1862 Crore Net Worth & Luxury Assets
Explore Aamir Khan's Rs 1862 crore net worth, his sea-view duplex, Panchgani farmhouse, and luxury cars like Rolls-Royce Ghost. Discover the real estate choices of Bollywood's Mr. Perfectionist.
Aamir Khan's Rs 1862 Cr Net Worth: Properties & Cars
Explore Aamir Khan's Rs 1862 crore net worth. Details on his sea-facing Mumbai duplex, Beverly Hills mansion, Panchgani farmhouse, and luxury car collection including Rolls-Royce. Read more.
SC Rejects Waqf Board's Plea for Ummid Portal Deadline Extension
Supreme Court declines Waqf Board's request for more time to register properties on Ummid portal. The December 31, 2025, deadline stands firm. Read the full details and implications.
Realty IBC Reforms Pushed to Later Phase
Government to introduce corporate IBC amendments first, delaying structural reforms for homebuyers and stuck projects. Key changes for real estate require further consultation. #IBC #RealEstate
Karnataka's e-Swathu 2.0 Launch for Rural Properties
Karnataka government launches enhanced e-Swathu 2.0 platform to issue e-khatas for 97 lakh rural properties, establishing dedicated call center support in Yeshwantpur.
Chandigarh MC Cuts Rent for Unsold Shop Properties
Chandigarh Municipal Corporation approves 25% rent reduction for commercial properties failing to attract buyers after multiple auctions. New policy aims to boost occupancy.
ED Uncovers IBC Misuse, Bid Rigging in NCLT Cases
Enforcement Directorate exposes manipulation of insolvency process, arrests Lalu Prasad Yadav's aide Amit Katyal. Crucial evidence of bid rigging and ₹50 lakh cash seized in nationwide probe.
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