Mann will take on his four-year term in October, succeeding Milton Cheng

Reliance Infrastructure makes full payment of 92.68 crore rupees to Dhursar Solar Power and will ask NCLAT for the withdrawal of NCLT’s order

NCLT also appoints Tehseen Fatima Khatri as the interim resolution professional of infrastructure developer

The insolvency regulator amends the norms related to the insolvency resolution for corporate persons to further streamline and strengthen the process

The development comes as the recent regulatory developments in India are expected to significantly open up the domestic legal market to foreign firms

The reform aims to reduce compliance burden on insolvency professionals while maintaining effective oversight of insolvency resolution process

National Company Law Tribunal is set to hear IREDA’s insolvency petition against Gensol Engineering on 3 June

Jabirmahendi Mohammedraza Aga’s resignation comes in less than three months following his reappointment to the CFO position in March 2025

NCLT rejects IREDA’s plea to appoint interim resolution professional for Gensol at today’s hearing and posts the case for hearing on 3 June

The state-run company files the petition against Gensol under Section 7 of the Insolvency & Bankruptcy Code

The amendments aim to safeguard the interest of Indian advocates while regulating the practice of foreign law and international law in the country

Jefferies believes the stock re-rating for hotels will stay on the back of strong travel/tourism upturn and bets on three Indian hotel companies

A committee of executives will oversee the operations of the bank in the interim

The brokerage says the company is well-placed to expand its foods and home & personal care franchise and become a more diversified FMCG play

JSW Energy’s resolution plan proposes to pay a total of $1.85 billion to KSK Mahanadi’s creditors

Outsourcing and contractual staff at NCLT’s Mumbai bench demand immediate release of their December salary and a long-overdue salary revision

Noronha to step down after over two decades of stint; board appoints Unilever’s Anshul Asawa as CEO-designate

The WEF says shifting global trends in technology, economy, demographics and the green transition will likely create 78 million new jobs by 2030