2,111 results found

As companies continue to stay afloat with the aid and assistance from the government, the road to sustenance in growth in near future is riddled with challenges.

The RBI has issued master direction on mortgage guarantee companies.

The Insolvency and Bankruptcy Board of India (IBBI) recently published a discussion paper aimed at reducing delays and improving the resolution value under the corporate insolvency resolution process...

In a recent ruling, the Supreme Court resolved a long-standing dispute between JK Jute Mill Mazdoor Morcha and Juggilal Kamlapat Jute Mills Company Limited by allowing registered trade unions ...

This has been ruled in the matter of "Mr. Nitin Chandrakant Naik & Anr. Vs. Sanidhya Industries LLP & Ors.' vide judgement dated 26th August 2021

The bill proposes to establish a "resolution corporation" (RC) to ensure orderly liqui¬dation and resolution of troubled financial sector entities.

The Supreme Court (SC) in its judgment dated 14 December 2021, in E S Krishnamurthy & Ors. v. M/s Bharath Hi Tech Builders Pvt. Ltd., Civil Appeal No. 3325/2020...

IBBI has sought to provide relaxation for the timelines required to be complied with under the IBC and rules framed thereunder.

Essar Steel India Limited ("Essar/Company") had filed a petition before Hon'ble Gujarat High Court ("Hon'ble High Court") challenging the directions issued by Reserve Bank of India ("RBI")...

Though, initially it was thought that Insolvency and Bankruptcy Code 2016 (I&B Code 2016) came as boon for all those Creditors who otherwise have to wait for years to settle their dues.

On 26 July 2017, the NCLT passed an order admitting M/s Bhushan Steel Limited (Corporate Debtor) into corporate insolvency resolution process, pursuant to a Section 7 application filed by the State Bank of India ...

The High Court of Calcutta recently delivered a significant judgment in the case of M/s. Stesalit Limited vs. Union of India & Ors., addressing disputes over gratuity payments under the Payment of Gratuity Act, 1972...

The Hon'ble Calcutta High Court on February 2, 2018, upheld the validity of Section 7, 8 and 9 of the Insolvency and Bankruptcy Code, 2016 in the case of Akshay Jhunjhunwala & anr. v. Union of India.

The transition from a fragmented legal system to a unified Insolvency and Bankruptcy Code 2016 (IBC) is marked by challenges to implement it effectively and expeditiously.

The Single Bench of Hon'ble National Company Law Tribunal, Mumbai bench in the matter of State Bank of India v. Ushdev International Limited (CP No.1790/IBC/NCLT/MB/MAH/2017) decided on the following issues, ...

In the light of the economic upheaval on account of the Covid-19 pandemic and the resultant restrictions on economic activity, the Indian Government had proposed suspension of the right to initiate insolvency resolution proceedings under the Insolvency and Bankruptcy Code...

The recently introduced legal, regulatory and policy changes that have been introduced in the Indian BFSI sector have not only geared up the pace at which the sector is operating but has also created...

The Indian Insolvency and Bankruptcy Code, 2016 (Code), which came into effect on May 28 2016 provides a consolidated framework for the insolvency of companies, limited and unlimited liability partnerships...