India’s Busiest NCLT Bench Staff Strike Over Salary Delays
Staff Reporter | 14 January 2025Outsourcing and contractual staff at NCLT’s Mumbai bench demand immediate release of their December salary and a long-overdue salary revision
Credit Risk To Rise Amid Cyberattacks On Larger Companies - Moody's
Staff Reporter | 10 December 2024Moody's says cyber risk will intensify next year as attackers switch tactics in response to better corporate cyber defenses
NCLT Admits Personal Insolvency Plea Against MT Educare Founder Mahesh Shetty
Special Correspondent | 13 June 2024Mahesh Shetty was a personal guarantor against loan given to MT Educare, formerly known as Mahesh Tutorials
NCLT Admits SBI’s Personal Insolvency Plea Against Videocon’s Rajkumar Dhoot
Staff Reporter | 5 June 2024State Bank of India initiated insolvency process against guarantor Rajkumar Dhoot for recovery of around 5,354 crore rupees ($641 million)
NCLT Admits Personal Insolvency Plea Against DHFL’s Ex-Promoter Dheeraj Wadhawan
Staff Reporter | 26 March 2024Dheeraj Wadhawan had provided a personal guarantee on the loans availed by DHFL from Union Bank of India
India Bankruptcy Regulator Cancels Insolvency Professional’s Registration
Special Correspondent | 21 November 2023IBBI’s Disciplinary Committee cancels registration of insolvency professional Vineet Aggarwal for failing to discharge his duties on multiple counts
Religare Enterprises Dodges Insolvency On ‘Corporate Debtor’ Definition
Special Correspondent | 17 July 2023NCLT says corporate debtor Religare does not come within the meaning of ""corporate person"" and therefore, it is unable to accept Ligare's CIRP plea
Go Airlines’ Bankruptcy Creates New Headache For NCLT
Staff Reporter | 5 July 2023The bankrupt carrier’s distressed ticket holders bombard the NCLT with refund claims
Customer Wins Arbitral Award Against Thermax
Staff Reporter | 6 June 2023Thermax, which expects total financial impact of 250 crore rupees, plans to challenge the arbitral award
NCLT Orders Revival Of Dead Firm For Tax Recovery
Special Correspondent | 15 February 2023NCLT orders Registrar of Companies to revive the status of struck off company Delight Broadcasting to "active" so the tax authorities can recover dues
Amrutanjan Applies "Audit" Balm To Soothe Whistleblower Allegations
Special Correspondent | 15 February 2023The ayurvedic balm maker for pain management says Deloitte conducting forensic probe related to allegations of lapses by certain senior management
NCLT Asks Lavasa Lenders To Go For Equitable Distribution Of Sale Proceeds
Special Correspondent | 10 February 2023The tribunal grants two weeks to the winning bidder Darwin Platform for submission of a revised plan
How Ignoring Spam E-mail Landed Insolvency Professional In Trouble
Special Correspondent | 27 January 2023The bankruptcy regulator expects insolvency professionals to be vigilant and alert in checking communications sent to them
NCLT Admits Ex-employee’s Insolvency Petition Against Quant Capital
Staff Reporter | 26 January 2023Sumeet Arora filed the insolvency plea against Quant Capital over outstanding dues
Women Participation As Insolvency Professionals Abysmally Low - IBBI Data
Special Correspondent | 26 November 2022IBBI data shows that out of total 4,175 registered professionals, women’s share stood at less than 10%