National Company Law Appellate Tribunal today suspends the NCLT’s insolvency order against Reliance Infrastructure

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 appellate tribunal stays the NCLT order and asks Talwandi Sabo Power to provide bank guarantee of $146 million; will hear the matter on 4 August

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

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

JSW Energy will acquire KSK Mahanadi Power through JSW Thermal Energy One Ltd., a newly formed wholly owned subsidiary

National Company Law Appellate Tribunal sets aside the insolvency proceedings against Coffee Day Enterprises

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

The development comes after the central bank recently superseded Aviom India’s board owing to governance concerns and defaults

NCLT orders liquidation of bankrupt carrier, which operated ultra-low-cost airline Go First, and appoints Dinkar Venkatasubramanian as the liquidator

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

The conglomerate says US Department of Justice and Securities & Exchange Commission’s allegations against Adani Green Energy’s directors are basel

Institute of Chartered Accountants of India expresses disagreement over these revised standards, which will become effective from 1 April 2026

The insolvency regulator seeks public comments on its discussion paper by 27 November to make necessary amendments in the regulations

The proposal aims to reduce the burden on the adjudicating authority and expedite insolvency admissions

The insolvency regulator partners with Indian Banks’ Association to facilitate auction of assets through eBKray platform to boost liquidation value