Operational creditors such as vendors and service providers account for the largest number of cases admitted in bankruptcy ...
As of June 2024, it took 685 days on average to rescue a bankrupt firm, way above the 330-day deadline (including litigations ...
to explore voluntary mediation before initiating an insolvency application under Section 9 of the Insolvency and Bankruptcy ...
The expert committee, led by former legal affairs secretary TK Vishwanathan, in its report on the Framework for Use of ...
The corporate affairs ministry emphasizes continuous refinement of the Insolvency and Bankruptcy Code to address future ...
This will maximise the liquidated value of stressed assets under the insolvency law and enhance creditors’ recovery ...
The Cafe Coffee Day chain owner’s shares will be traded only once a week — on Mondays or the first trading day of the week — until a review by stock exchanges following a minimum one-month period in ...
NCLT Bengaluru held that interest cannot be raised unilaterally in the Insolvency petition, without prior intimation to ...
The Gujarat National Law University Centre for Corporate and Insolvency Laws (GCCIL), in collaboration with the Insolvency ...
Recent amendments to the Italian Insolvency Code have been introduced by Legislative Decree no. 136 of September 13, 2024 (Decree 136).
The Supreme Court restored insolvency proceedings against Byju’s, overturning the NCLAT’s decision to halt the case. The ...