Reinstating creditors could prolong Byju’s Corporate Insolvency Resolution Process (CIRP), adding financial strain.

Pratik Vira accuses Sunshine Group developers of Rs 250 crore fraud involving forged documents, unauthorized loans, and financial mismanagement.

The Reserve Bank of India (RBI) on Thursday filed an application for initiation of corporate insolvency resolution process (CIRP) against Aviom Housing Finance Pvt Ltd under the Insolvency and ...

The National Company Law Tribunal (NCLT) issued a major decision that could change the course of Byju's bankruptcy proceedings: it ordered disciplinary action against the resolution professional (RP) ...

Within days of superseding the board and appointing an administrator, the Reserve Bank of India has filed an insolvency petition against the troubled housing fi ...

Mumbai: The Reserve Bank of India (RBI) on Thursday announced that it has filed an application for the initiation of a corporate insolvency resolution process (CIRP) against Aviom Housing Finance Pvt ...

A top executive of BYJU’S and an ally of the company’s founder have been held in contempt of a US court and now face fines of ...

The CIRP for Jason Dekor commenced on December 19, 2019, and initially, the CoC decided to seek liquidation due to the absence of a viable Resolution Plan. However, after a legal challenge and a ...

While holding by a 2:1 majority that the proviso to Section 31(4) of the Insolvency and Bankruptcy Code is mandatory in ...

Financial Creditor had the discretion to invoke the pledge – IBC application can be admitted despite appellant’s ongoing attempts at settlement ...

However, the Supreme Court's ruling now dictates that if the plan involves substantial market changes-such as mergers or acquisitions-the CCI's approval is essential before the CoC can consider the ...

The Enforcement Directorate ED on Thursday restored assets worth Rs 100 crore to the liquidator of Pixion Media Ltd on behalf of a group of banks the central ...