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The Supreme Court has dismissed two connected civil appeals arising out of orders dated 17 February 2023 passed by the High Court for the State of Telangana at Hyderabad under Section 11(6) of the Arbitration and Conciliation Act, 1996.

In the recent judgment delivered by the Hon'ble Delhi High Court in the case of Power Grid Corporation of India Ltd. v. Jyoti Structures Ltd.

The Delhi High Court vide its decision in Indian Oil Corporation Ltd v. Arcelor Mittal Nippon Steel India Ltd , has placed another addition to the series of precedents...

The Supreme Court, recently, in the case of Phoenix Arc Private Limited v. Spade Financial Services Limited 1, held that the intent of Sec. 21 of the Insolvency and Bankruptcy Code...

On November 1, 2023, the Insolvency and Bankruptcy Board of India has published a discussion paper on amendments proposed to the IBBI Regulations, 2016.

The real estate sector is headed for a full blown sub-prime crisis. Unfortunately, the woes do not end here.

On November 25 2016, the provisions of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (SICA Repealing Act) were notified with effect from 1 December 2016.

Jet Airways, which started off as an air taxi operator in 1993 and became a scheduled carrier in 1995, has been under insolvency for two years after it shut operations in April 2019 under a heavy debt.

The Supreme Court has upheld the constitutional validity of the Insolvency and Bankruptcy Code after hearing a batch of petitions filed by some 40 companies alleging discrimination against operational creditors under the Code.

The Supreme Court held that the provisions of the Sick Industrial Companies Act, 1985 shall prevail over the provision for the recovery of debts in the Recovery of Debts Due to Banks and Financial Institutions Act, 1993.

Recovery statutes and general civil jurisdiction continues to generate significant judicial debate, particularly in the context of the Securitisation and Reconstruction of Financial Assets...

Recently, Punjab and Haryana High Court in its judgment dated October 16, 2020 (CWP No. 38144 of 2018) ruled that, homebuyers have the right and under liberty to undertake remedies, both available under RERA and ...

The pandemic COVID-19 virus has forced the governments all over the world to bring in measures to combat the threat in order to avoid the increase in the blowout of the COVID-19 cases worldwide.

The Supreme Court of India on May 11, 2023, in the case of, M. Suresh Kumar Reddy v. Canara Bank, [Civil Appeal No. 7121 of 2022], held that the non-payment of a part of the debt when it becomes due and payable...

On 21 June, the Securities and Exchange Board of India ("SEBI") inter-alia, approved proposals to:

On 23 November 2021, the Supreme Court of India, in the case of TATA Consultancy Services Ltd. v. Vishal Ghisulal Jain, Resolution Professional, SK Wheels Pvt. Ltd. (TCS Case)...

The Supreme Court of India has held that in the event of liquidation of a company, claims of employees have to be considered by the Official Liquidator of the company and not by the Debt Recovery Tribunal.

On September 9, 2024, the National Company Law Appellate Tribunal, Principal Bench, New Delhi ("NCLAT") in the case of, Sandeep Mittal v. M/s ASREC (India) Limited...