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.