Over 71% of cases extend beyond the 270-day timeline, often resulting in liquidation. The Insolvency and Bankruptcy Code was ...
The Tribunal dismissed the Corporate Debtor's challenge to the July 15, 2024 order, ruling that the Insolvency and Bankruptcy ...
Following this settlement, an application filed by CFM under Section 7 of the Insolvency and Bankruptcy Code was withdrawn on ...
The Supreme Court could have just reversed the NCLAT judgment and sent the parties back to the relevant process under the IBC to seek liquidation.
The Insolvency and Bankruptcy Code, which was introduced in 2016, suggests that a case be solved in 270 days and one of the ...
Indian banks are facing significant losses in corporate insolvency cases, with haircuts exceeding 70% due to delays in ...
Icra reports lenders are facing significant haircuts in corporate insolvency cases due to delays exceeding the 270-day ...
Insolvency and Bankruptcy Code (IBC) resolutions have traditionally been associated with significant losses for creditors, ...
The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of ...
String Metaverse Ltd merged with Bio Green Papers Ltd under the Insolvency and Bankruptcy Code (IBC) CIRP framework. The ...
Wellpath Holdings Inc., the controversial private-equity owned prison health care company that provides medical services to ...
NCLAT Delhi held that by not filing of Application under Section 8 of the Arbitration and Conciliation Act, 1996 at the time ...