The NCLT Ahmedabad admitted IREDA's plea for insolvency against Gensol Engineering Ltd over Rs 510.10 crore loan default.

In addition to resolution under IBC, the report pointed out that nearly 30,000 cases involving around Rs 14 lakh crore of ...

The ED has alleged that only a small portion of the collected money was actually spent on development. The rest was diverted ...

Mumbai: Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more ...

Gurugram Zonal Office, on Wednesday claimed to have arrested Raman Puri, Varun Puri and Vikram Puri – promoters and former ...

Sreekanth Reddy, Joint MD of Sagar Cements said Andhra Cement, which Sagar acquired through National Company Law Tribunal (NCLT), has outperformed expectations and is now a standout asset.

Five companies — Adani Enterprises, Vedanta Group, Dalmia Bharat Cement, Jindal Power, and PNC Infratech — have submitted ...

According to an analysis by CRISIL Market Intelligence, the IBC has directly resolved about Rs 12 lakh crore worth of debt ...

Enforcement Directorate arrests Universal Buildwell promoters for real estate fraud, diverting funds for personal gain, ...

Close to the end of IBC's first decade, the timeline for Corporate Insolvency Resolution Process (CIRP) resolution continues ...

The recent controversial judgment rendered by the Supreme Court in Kalyani Transco v. Bhushan Power & Steel Ltd.(“Bhushan Steel”) ignited a lot of debate on ...

The accused were produced before a special court in Gurugram and were remanded to the custody of the anti-money laundering agency until July 29.