RBI imposes business restrictions on ECL Finance and Edelweiss Asset Reconstruction Company with immediate effect due to material supervisory concerns

India’s insolvency regulator asks insolvency professionals to upload the judicial orders related to bankruptcy proceedings on the regulator’s webs

The special audit directed by India’s central bank at the non-bank lender started on 23 April

Ministry of Corporate Affairs seeks public comments on its constituted committee’s report on Digital Competition Law and its draft bill by 15 April

India’s insolvency regulator amends the norms related to the insolvency resolution for corporate persons to streamline the process

The expert committee recommends introduction of mediation as a complementary mechanism for resolution of disputes under the bankruptcy law

RBI orders Paytm Payments Bank, an associate of One 97 Communications, to stop all deposits and credit transactions after 29 February

IBBI’s Disciplinary Committee cancels registration of insolvency professional Vineet Aggarwal for failing to discharge his duties on multiple counts

NCLT says corporate debtor Religare does not come within the meaning of ""corporate person"" and therefore, it is unable to accept Ligare's CIRP plea

Thermax, which expects total financial impact of 250 crore rupees, plans to challenge the arbitral award

NCLT orders Registrar of Companies to revive the status of struck off company Delight Broadcasting to "active" so the tax authorities can recover dues

The tribunal grants two weeks to the winning bidder Darwin Platform for submission of a revised plan

The bankruptcy regulator expects insolvency professionals to be vigilant and alert in checking communications sent to them