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...

Cyril Amarchand Mangaldas advises on CIRP of Sharon Bio-Medicine

Aug 02, 2023

Mumbai (Maharashtra)/ New Delhi [India], August 2: Cyril Amarchand Mangaldas acted as legal counsel for Resolution Professional (RP) and Monitoring Committee of Sharon Bio-Medicine...

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...

Tribunal approves acquisition of Karaikal Port by Adani Ports and Special Economic Zone

Apr 03, 2023

Earlier, APSEZ was declared as the successful resolution applicant under the Corporate Insolvency Resolution Process (CIRP) of KPPL. The amount considered for the acquisition...

Insolvency and Bankruptcy Bill enables efficient resolution framework : Sitharaman

Aug 04, 2021

New Delhi [India], August 4 : Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday said that the passage of the Insolvency and...