The failed insolvency resolution of one of India’s oldest airlines shows the current rules under the Insolvency and ...
Over 16 pages of the 169-page order dwelt on what the bench – comprising the outgoing chief justice DY Chandrachud and ...
The Supreme Court last month annulled the National Company Law Appellate Tribunal ruling that sanctioned a settlement of Rs ...
Once a firm is admitted into insolvency and a moratorium is imposed, it basically means that no judicial proceedings for ...
The failure to revive two prominent Indian airlines—Jet Airways and Go First—has triggered a debate on the limitations of ...
The NCLAT had allowed the Byju’s-BCCI settlement, but the Supreme Court on October 23 set aside an order that permitted a ...
A more effective solution would be to adopt the waterfall mechanism from the FSC framework, which prioritises the interests ...
After five years of trials and tribulations, the grounded airline Jet Airways’ wings have been clipped. Any hopes of a ...
Since inception, the IBC has led to a direct recovery of about Rs 3.55 lakh crore due to resolution and Rs 10,446 crore due ...
This will maximise the liquidated value of stressed assets under the insolvency law and enhance creditors’ recovery ...
The Insolvency and Bankruptcy Board of India (IBBI) released a discussion paper addressing key challenges in real estate insolvency cases under the Insolvency and Bankruptcy Code (IBC). Based on input ...
which the court said violated procedures under the Insolvency and Bankruptcy Code (IBC). The Supreme Court had said that once ...