NCLT admits Go First's plea for insolvency proceedings

May 10, 2023

The NCLT, the President Justice Ramalingam Sudhakar and technical member LN Gupta announced the order, adding, "We appoint Abhilash Lal as IRP (Insolvency Resolution...

Reliance Group led by Anil Ambani distances itself from EDs asset attachments in RCOM case

Nov 20, 2025

RCOM is undergoing the Corporate Insolvency Resolution Process (CIRP) under the supervision of the National Company Law Tribunal (NCLT) and the Supreme Court, and...

SC assures to protect interest of homebuyers in Supertech's twin tower

Apr 04, 2022

New Delhi [India], April 4 : The Supreme Court on Monday assured that it will protect the interest of homebuyers in Supertech's twin tower...

Insolvency and Bankruptcy Board regulations amended

Jun 16, 2022

New Delhi [India], June 16 : The Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution...

Corporate insolvency cases fall 28% to 724 in FY2025; recoveries still low: ICRA

May 28, 2025

Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating...

Majority assets provisionally attached by ED pertain to Reliance Communications: Reliance Group led by Anil Ambani

Dec 06, 2025

According to the company's release, Reliance Communications has been undergoing the Corporate Insolvency Resolution Process (CIRP) and is currently managed entirely by the Resolution...