Economic Survey 2024-25 recommends separate rules for NCLT under IBC, emphasizes efficiency, and calls for regulatory impact ...

The state-owned lender on Friday reported a 102.8 per cent year-on-year increase in net profit at Rs 4,508 crore for Q3FY25 ...

The appellate tribunal also asked the liquidator to submit the minutes of the Committee of Creditors (CoC) meeting that led ...

The bankruptcy law has acted as a deterrent, encouraging many firms to resolve their financial distress early in order to avoid the consequences of a resolution process, the economic survey says.

Reinstating creditors could prolong Byju’s Corporate Insolvency Resolution Process (CIRP), adding financial strain.

Busy Bee Airways aims to acquire Go First as a going concern and will reach out to lenders. NCLAT hears petitions challenging ...

Busy Bee Airways has expressed interest in acquiring the grounded carrier Go First, which is undergoing liquidation ...

Busy Bee Airways, backed by travel portal EaseMyTrip's co-founder and CEO Nishant Pitti, challenged the liquidation of the ...

India's Economic Survey highlights the importance of an efficient insolvency framework for achieving 7-8% growth. It ...

The Madras High Court bench comprising Justice S.S. Sundar and Justice P. Dhanabal has held that the proviso to Section 10-A ...

An improving insolvency framework is important for achieving 7-8 per cent economic growth over the next decade, the Economic Survey said on Friday and pitched for imposition of higher costs to prevent ...

The bank’s overall recovery for the year to date has reached Rs 11,552 crore, falling short of expectations due to delays in the resolution of stressed assets via the NCLT and the NARCL, says CEO Asho ...