SMBC Aviation Capital challenges NCLT order protecting Go First from recovery by lessors

May 11, 2023

On Wednesday, the NCLT admitted Go First's plea for voluntary insolvency and admitted for the initiation of Corporate Insolvency Resolution Process (CIRP) proceedings. NCLT...

Insolvency and Bankruptcy Code (Amendment) Bill introduced in Lok Sabha, to be examined by Select Committee

Aug 12, 2025

A bill that introduces a "creditor-initiated insolvency resolution process" with an out-of-court initiation mechanism for genuine business failures to facilitate faster and more cost-effective...

NCLAT upholds Adani bid, dismisses Vedanta plea in Jaypee insolvency case

May 04, 2026

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by Vedanta in connection with the ongoing insolvency proceedings of Jaiprakash Associates...

IBBI pulls up and suspends registration of insolvency professional in Supertech case, finds multiple lapses

Mar 31, 2026

The Insolvency and Bankruptcy Board of India (IBBI) has found multiple procedural and disclosure lapses by insolvency professional Hitesh Goel in the corporate insolvency...

NCLT issues notice to Go First on pilot's plea

May 08, 2023

The National Company Law Tribunal (NCLT) on Monday issued notice to low-cost airline Go First on a petition filed by a pilot regarding his...

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...