NCLT Admits Aban Offshore For Insolvency Resolution
Staff Reporter | 2 September 2025The development comes after Punjab National Bank filed a petition for a default of 366.09 crore rupees
IBBI Plans To Rationalize Assignment Limits For Insolvency Professionals
Staff Reporter | 13 August 2025Indian insolvency regulator issues a discussion paper and seeks to set the overall assignment limit for an insolvency professional at 10
Shapoorji Pallonji Faces Insolvency Petition After Settlement Agreement Breach
Special Correspondent | 9 August 2025NCLT orders restoration of insolvency petition filed by Elixir Met Form against Shapoorji Pallonji after the failure of settlement agreement
IBBI Seeks To Boost Insolvency Resolution Process, Strengthen Safeguards
Staff Reporter | 7 August 2025The insolvency regulator seeks public comments on its proposed measures by 27 August
Electric Ride-Hailing Startup BluSmart Drives Into Insolvency
Staff Reporter | 29 July 2025National Company Law Tribunal admits Blu-Smart Mobility for insolvency resolution following a petition filed by Catalyst Trusteeship
RInfra Says NCLAT Stays Insolvency Order; To Hear Matter In August
Staff Reporter | 18 July 2025National Company Law Appellate Tribunal is set to the hear the matter on 27 August
Gensol Engineering, EV Arm Go Under Insolvency Resolution With IRP Twist
Special Correspondent | 14 June 2025IREDA sought CIRP against Gensol Engineering and Gensol EV Lease, claiming defaults of 510 crore rupees and 218.95 crore rupees, respectively
RInfra Gets Relief From NCLAT In Insolvency Matter After Settling Dues
Staff Reporter | 4 June 2025National Company Law Appellate Tribunal today suspends the NCLT’s insolvency order against Reliance Infrastructure
NCLT Admits Reliance Infrastructure For Insolvency Resolution
Special Correspondent | 2 June 2025NCLT also appoints Tehseen Fatima Khatri as the interim resolution professional of infrastructure developer
IBBI Streamlines Resolution Process For Corporate Debtors
Staff Reporter | 2 June 2025The insolvency regulator amends the norms related to the insolvency resolution for corporate persons to further streamline and strengthen the process
NCLAT Grants Relief To Vedanta On NCLT Order In Unit’s Demerger Plan
Staff Reporter | 29 May 2025The 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
Insolvency Professionals, Take Note! IBBI Introduces New Forms For CIRP
Staff Reporter | 27 May 2025The reform aims to reduce compliance burden on insolvency professionals while maintaining effective oversight of insolvency resolution process
India NCLT Orders To Issue Notice To Gensol Over IREDA’s Insolvency Petition
Staff Reporter | 16 May 2025NCLT rejects IREDA’s plea to appoint interim resolution professional for Gensol at today’s hearing and posts the case for hearing on 3 June
Bar Council Of India Amends Rules For Entry Of Foreign Lawyers, Law Firms
Staff Reporter | 14 May 2025The amendments aim to safeguard the interest of Indian advocates while regulating the practice of foreign law and international law in the country
JSW Energy Gets CCI Approval To Acquire Bankrupt KSK Mahanadi Power
Staff Reporter | 5 March 2025JSW Energy will acquire KSK Mahanadi Power through JSW Thermal Energy One Ltd., a newly formed wholly owned subsidiary
Coffee Day Wins The Insolvency Battle; Gets Relief From NCLAT
Staff Reporter | 27 February 2025National Company Law Appellate Tribunal sets aside the insolvency proceedings against Coffee Day Enterprises
JSW Energy Gets NCLT Approval To Acquire Bankrupt KSK Mahanadi Power
Staff Reporter | 14 February 2025JSW Energy’s resolution plan proposes to pay a total of $1.85 billion to KSK Mahanadi’s creditors
RBI Files Insolvency Petition Against Aviom India Housing Finance
Staff Reporter | 30 January 2025The development comes after the central bank recently superseded Aviom India’s board owing to governance concerns and defaults
