This would benefit creditors in long-running cases like KSK Mahanadi, under CIRP since October 2019. IBBI has asked ...

With the advent of Insolvency and Bankruptcy Code, 2016 [“IBC”], the corporate insolvency resolution in India has ...

The IBC has the potential to strengthen India's economic fabric, but its misuse as a tool for corporate vengeance risks ...

The Insolvency and Bankruptcy Code (IBC), which provides for a market-linked and time-bound resolution of stressed assets, ...

Trade, investment, and cross-border economic activity increased after India's economy was liberalized in the 1990s. The ...

Two attempts by Johnson & Johnson to resolve approximately 60,000 talcum powder lawsuits through bankruptcy courts have ...

An efficient bankruptcy system will free up capital, allowing better production, employment, and growth prospects, it said, ...

As per provisions of the Insolvency & Bankruptcy Code (IBC), NCLT has appointed Bhoopesh Gupta as Interim Resolution Professional to run the company after suspending the board of Hero Electric. The ...

When a debtor files for bankruptcy, creditors often fear their claims will be wiped away. However, under Section 523 of the Bankruptcy Code, ...

Two former pilots have moved the NCLT, seeking insolvency proceedings against SpiceJet over unpaid dues. The tribunal, ...

Last year the Nasdaq warned the business it was at risk of being delisted. Creditors say they are owned unpaid consulting and ...