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In recent years, the Indian economy has witnessed a paradigm shift in its approach to corporate debt resolution with the introduction of the Insolvency and Bankruptcy Code (IBC) in 2016. The IBC ...

Streamlining the process and the setting up of C-PACE have helped bring down the time involved in disposal of liquidation cases ...

Former CEO NITI Aayog Amitabh Kant emphasized the nation's transformative journey from being part of the "fragile 5" economies to emerging as a global leader in infrastructure development.

Data from the Insolvency and Bankruptcy Board of India (IBBI) indicates that as of May 31, 2023, eight applications had been filed to initiate pre-packaged insolvency proceedings, of which six were ...

The operational creditor claimed that it was compelled to approach the tribunal under the Insolvency & Bankruptcy Code (IBC) since the company failed to repay the dues after supplying goods. While, ...

NCLT withdraws insolvency process against Dharani Sugars & Chemicals in Chennai, allowing PGP group to regain control. Committee of Creditors approved withdrawal under Section 12A of IBC, 2016.

The bankruptcy code’s rollout in 2016 was among India’s biggest reforms, but the regime has been mired in troubles even as financial recovery has dropped. We must rescue this reform from slippery time ...

We also published the following articles recently If resolution takes long, recovery bound to drop Insolvency and Bankruptcy Board of India study reveals recovery ... A case under NDPS Act was filed ...

In India, the real estate sector, a vital cog in the nation's economic engine, is becoming more and more significant, and investors consider it to be the most d ...

We can give you information about processes administered or regulated by the Insolvency Service. This includes bankruptcy, debt relief orders and company liquidations. We cannot give you ...

Lenders rue the lack of interest in the pre-packaged insolvency resolution process, which was introduced through the Insolvency and Bankruptcy Code (Amendment) Act, 2021 ...