NCLAT upholds that a Committee of Creditors cannot modify a cleared resolution plan to reallocate funds, reinforcing the finality of commercial decisions in insolvency. Read the full analysis.
Punjab National Bank informs RBI of a massive borrowal fraud worth ₹2,434 crore related to former SREI promoters. Details on the case and NCLT resolution inside.
BSNL rings in the new year with a budget-friendly plan offering 3GB daily data and unlimited calls at just Rs 8 per day. Check out the full details and validity here!
Ukraine President Zelensky proposes a new 20-point peace framework, including Russian troop withdrawals. Will Putin accept? Read the full details here.
Kyiv and Washington craft a new 20-point plan to end the Ukraine war. Will Putin agree? Details on security guarantees, EU path, and territorial disputes inside.
Supreme Court forms committee to manage Supertech Realtors' insolvency and ensure completion of Noida's Supernova project. Key details on the panel's powers and homebuyer relief.
Supreme Court intervenes in Noida's insolvent Supernova project, ordering a new developer and sidelining old promoters. A landmark move offering hope for lakhs of homebuyers across India's frozen real estate projects. Read more.
Supreme Court forms a 3-member committee to manage Supertech's insolvency and complete the Supernova project in Noida. Next hearing on January 20, 2026.
A parliamentary panel recommends allowing multiple resolution plans for different assets of an insolvent firm, aiming to boost value and attract bidders. Explore the potential shift in India's insolvency landscape.
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.
Reliance Jio introduces a new long-term prepaid plan at ₹3,099 with 365-day validity, unlimited 5G data, and calling. Get all details on benefits and competition here.
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.
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.
Nagpur bench of Bombay High Court directs Maharashtra govt to explain GRs cancelling birth certificates. No coercive action till detailed affidavit is filed. Key hearing set for Jan 2026.
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
Gurgaon MCG cancels a former councillor's building plan approval for concealing a property dispute. The plan, approved via HOBPAS, was revoked after a complaint. Details inside.
Rajasthan CM Bhajan Lal Sharma laid foundation for projects worth Rs 719 crore in Lunkaransar. He detailed job creation, farmer aid hikes, and canal revamp plans, asserting his govt's pro-people approach.
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.
A 40-hour intensive mediation programme for 30 advocate-mediators commenced in Nuapada, Odisha. Led by DLSA, it aims to strengthen alternative dispute resolution. Read more.
India voted in favour of a UN General Assembly resolution to renew UNRWA's mandate for three years, supporting humanitarian aid in Gaza. Read the details and India's diplomatic stance.
A National Lok Adalat in Mangaluru on Dec 13 aims for swift dispute resolution. Get a 50% discount on pending e-challans. Learn which cases are eligible and how to benefit.
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.
Karnataka introduces a new apartment bill establishing an appellate authority for conflict resolution, moving disputes away from civil courts. Learn about the key changes and impacts for residents.
A Chandigarh real estate firm introduces a revolutionary 1 rupee booking plan for its luxury project. Discover how this scheme makes homeownership more accessible.
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.
US Department of Education finalises changes to income-driven repayment plans, removing hardship requirement. Millions may see reduced bills from July 2026. Explore your options now.
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 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.
Uttar Pradesh CM Yogi Adityanath instructs senior district police officers to ensure timely resolution of public complaints. He emphasizes public service and accountability in law enforcement.
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