5,836 results found

PTO Circuits (India) Limited (‘CD') had approached ICICI Bank Limited (‘FC') for various credit facilities and availed non-fund based working capital facilities of ...

On 6 October 2025, NCLAT's Principal Bench, New Delhi, delivered a terse but telling reminder that the CIRP under the Insolvency & Bankruptcy Code, 2016 is triggered by default, not the degree of disbursement or the robustness of security.

In a significant ruling, the National Company Law Appellate Tribunal (NCLAT) has overturned a decision by the National Company Law Tribunal (NCLT) in an insolvency case involving Mrs. Leena Salot, the proprietor of Riddhim...

The Insolvency and Bankruptcy Board of India (hereinafter referred to as the "IBBI") has constituted the Insolvency law Committee vide notification no. 35/14/2017 dated November 16, 2017.

The Insolvency and Bankruptcy Board of India (IBBI) has taken a decisive step toward fortifying the integrity of corporate insolvency proceedings. On 6 November 2025, it released a Discussion Paper proposing...

In a big policy shift, the Reserve Bank of India (RBI) has allowed Asset Reconstruction Companies (ARCs) to be a Resolution Applicant (RA) under the Insolvency and Bankruptcy Code, 2016 (the Code).

In a recent order admitting a petition for insolvency resolution filed by Essar Projects India Limited (Operational Creditor) against MCL Global Steel Private Limited (Corporate Debtor), ...

In the present matter, the date of default for the debt availed by the Corporate Debtor (“CD”) from Dewan Housing Finance Limited (“DHFL”) was 06.12.2016. However, DHFL itself was admitted into CIRP on 03.12.2019.

The Insolvency and Bankruptcy Board of India (IBBI) has recently introduced the Fourth Amendment Regulations to the Insolvency Resolution Process for Corporate Persons.

The Supreme Court of India recently dealt with a significant issue concerning the Insolvency and Bankruptcy Code, 2016 (IBC) in the case of VISA Coke Limited versus M/S MESCO...

The drug discovery and development in the pharma sector is progressing beyond the traditional synthesis of Active Pharmaceutical Ingredient/pharmaceuticals to save time and cost.

In wake of the COVID-19 outbreak and subsequent lockdown, the National Company Law Tribunal (NCLT) has released a notice dated April 7, 2020, wherein the Tribunal has made an appeal to litigants and stakeholders ...

With a view to mobilizing foreign investment through issue of preference shares, the Government of India (GOI) had earlier permitted issuance of equity shares, preference shares, convertible preference shares by Indian companies to persons resident outside India in respect of financial projects / industries.

While promoters may find the new tax rates less attractive than the pre-2024 era, the retail and institutional investor community will likely welcome the lower, more transparent capital gains rates...

The (Indian) Companies Act, 2013 ("Companies Act") requires a company to issue an abridged prospectus along with the application form for purchase of securities by public.

In 2023, the Ministry of Corporate Affairs (MCA), by way of amendment to Companies (Prospectus and Allotment of Securities) Rules, 2014 (PAS Rules), had introduced a requirement for the dematerialisation of shares of private companies meeting certain criteria.

The governance ecosystem of the Companies Act, 1956 ("Old Act"), with its laissez faire approach to privately held companies, is now history.

Promoters, private equity investors and technical collaborators can now freely negotiate on the Right to First Refusal ("ROFR") while investing in shares of a public company in Maharashtra, India.