Indian government and IBBI are developing a tailored real estate insolvency framework focusing on project or tower-level resolutions to protect homebuyers from construction delays. Learn how this new approach could transform the housing sector.
IBBI introduces standardized valuation format for distressed assets to enhance transparency and reduce lawsuits. Public feedback accepted until December 10. Learn how this impacts creditors.
Supreme Court deliberates whether telecom spectrum can be sold during bankruptcy. Government ministries divided as ₹40,000 crore remains stuck in Aircel, RCom cases. Read the full analysis.
Manipal Group and upGrad compete for bankrupt Byju's parent TLPL in NCLT proceedings. US lenders hold 99.41% voting power deciding the fate of 1,780 creditors in India's biggest edtech collapse.
Dr Ranjan Pai-led Manipal Education and Medical Group India has formally expressed interest in acquiring troubled edtech company Byju's parent Think & Learn. Discover the implications.
Supreme Court concludes hearing on whether telecom spectrum can be sold under IBC. The verdict will impact lenders' dues recovery and set a precedent for future cases. Read more.
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.
In a groundbreaking verdict, India's Supreme Court clears the path for telecom spectrum transfer during corporate insolvency, providing major relief to stressed telecom companies and reshaping the industry's future.
IBBI makes landmark move to integrate bankruptcy proceedings with PMLA, creating powerful new weapon against financial fraud and strengthening India's financial ecosystem.
In a landmark move to boost India's ease of business, the government has approved a mechanism protecting environment clearances during NCLT-led insolvency, preventing stressed projects from restarting approval processes.
In a significant legal victory, NCLAT stays insolvency proceedings against BYJU'S-owned Aakash Institute, providing breathing space for the embattled edtech company amidst ongoing financial challenges.
New survey reveals alarming trend as Americans fear Social Security insolvency, prompting early benefit claims that could reshape retirement landscape across the United States.
Corporate giants Vedanta, Adani Group, Jindal Power, and Dalmia Bharat are locked in a high-stakes battle to acquire Jaiprakash Associates' cement business through the insolvency process, marking one of India's most significant corporate recovery cases.
The National Company Law Tribunal has initiated corporate insolvency resolution proceedings against Bhilai Jaypee Cement Limited, marking a significant development in India's corporate landscape and cement industry.
Adani, Vedanta, Dalmia, and Jindal Power face off in Jaypee Group's resolution process as NCLT demands concrete proof of funding capabilities. Get exclusive insights into India's biggest corporate insolvency showdown.
In a landmark ruling, India's Supreme Court dismisses Gstaad Hotels' appeal, upholding NCLT's insolvency order. Founder Deepak Raheja's seven-year legal battle concludes as financial troubles force luxury hotel chain into corporate insolvency.
BluSmart Mobility, the electric vehicle ride-hailing service, faces financial headwinds as NCLT admits insolvency petition filed by vendor. Discover the implications for India's EV sector.