2,111 results found

As any foreign investor will know, India has an ever changing regulatory framework as well as a currency which is not freely convertible

The resolution professional shall within seven days of his appointment, appoint one registered valuer to determine the fair value and the liquidation value of the corporate debtor.

I. NCLT allows consideration of revised offer by UltraTech Cement Limited upholding the objective of the IBC in the insolvency resolution of Binani Cement Limited

Insolvency and Bankruptcy Code is a time-bound process for restructuring and revival of a Debtor Company, which involves the Committee of Creditors , Interim Resolution Professional/Resolution Professional and the Adjudicating Authority.

The Hon'ble Supreme Court vide its judgment dated November 15, 2019 has cleared the way for Arcelor Mittal's takeover of Essar Steel India Limited.

In a recent decision, the National Company Law Appellate Tribunal (NCLAT) upheld the order of the National Company Law Tribunal (NCLT) directing the liquidation of E.C. Bose & Company Pvt. Ltd., a corporate debtor...

The National Company Law Tribunal, Chennai Bench vide its order dated April 25, 2022 in Mr. N. Kumar v. Tata Capital Housing Finance Ltd. held that the project-wise Corporate Insolvency Resolution Process of ...

The Supreme Court has held that the National Company Law Appellate Tribunal (NCLAT) does not have the jurisdiction or power to condone a delay exceeding 15 days in any appeal filed against a...

Section 14 of the Insolvency & Bankruptcy Code 2016 (as amended) (IBC) imposes a moratorium on the institution of suits or continuation of pending suits or proceedings against a corporate debtor.

The Supreme Court's consistent position on the role of Adjudicating Authority ("AA") under Section 7 of the Insolvency and Bankruptcy Code, 2016 ("Code") has been limited to determining a default...

Moratorium under section 14 of the Insolvency and Bankruptcy Code, 2016 (IBC), means a period when no judicial proceedings for recovery...

The National Company Law Tribunal (NCLT) has reaffirmed the legal enforceability of costs approved during the Corporate Insolvency Resolution Process (CIRP)...

The Reserve Bank of India (RBI) offers an array of mechanisms for dealing with stressed assets.

On January 31, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019.

The Insolvency and Bankruptcy Board of India (IBBI) has introduced a new circular that formalizes the process for insolvency professionals (IPs) to update their appointments on the IBBI portal.

The Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the ‘Code') received the assent of the President of India on May 28, 2016.

In order to prevent companies to be dragged into insolvency under the Insolvency and Bankruptcy Code, 2016 ("Code") due to the present pandemic,…

A power purchase agreement (PPA) is essential not only for the way a power project functions, but also for its very existence.