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Isha Ambani's husband gets BIG responsibility! Anand Piramal appointed as Chairman of…, NCLT clears merger of…
25 Sep 2025 15:41 GMT
… services resolution under India’s insolvency code.
In the past three years …
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SC warns against misuse of insolvency code by speculative investors, calls them ‘slow poison’ for the real estate sector
14 Sep 2025 18:04 GMT
In a landmark ruling with wide-ranging implications for the real estate sector, the Supreme Court of India has drawn a clear distinction between speculative investors, whom it described as ‘slow poison’, and genuine homebuyers. The court said speculative …
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Ericsson misusing insolvency code for coercion & debt recovery, Rcom tells NCLT
18 Aug 2025 11:26 GMT
The insolvent Reliance Communications (RCom) has alleged that Swedish Telecom company Ericsson has been using India's Insolvency and Bankruptcy Code (IBC), 2016 as a tool for coercion and debt recovery, and to seek ‘preference’ in repayments over other …
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No final decision yet on insolvency code changes: Govt
28 Jul 2025 16:24 GMT
A final decision on the changes to be made to the Insolvency and Bankruptcy Code (IBC) is yet to be taken, the government told Parliament on Monday, confirming that the relevant Bill would not be taken up for consideration in the ongoing monsoon session.
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Parliamentary panel to recommend fresh set of changes to insolvency code
03 Jun 2025 15:15 GMT
New Delhi: India’s insolvency regime is set for further reform as the Parliamentary Standing Committee on Finance will likely recommend a set of measures aimed at speeding up decisions and boosting creditor recoveries under the Insolvency and Bankruptcy …
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JSW-Bhushan case: Time to rewrite India’s insolvency code?
13 May 2025 02:07 GMT
Few come out smelling of roses from the Supreme Court (SC) ruling that annulled the takeover of Bhushan Power and Steel Ltd (BPSL) by JSW Steel Ltd and ordered BPSL’s liquidation, using the SC’s special powers to ensure “complete justice" under …
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Bhushan Steel-JSW saga exposes cracks in insolvency code. Where’s the finality?
09 May 2025 05:22 GMT
The acquisition of Bhushan Power & Steel by JSW Steel has been one of the longest and most contested sagas under the Insolvency and Bankruptcy Code. The case began in July 2017. Then came the multiple appeals, followed by years of litigation, and …
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Budget 2025: Relief for a larger segment of Indian promoters under the insolvency code
05 Feb 2025 02:32 GMT
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Insolvency code must constantly evolve for better results
31 Jan 2025 21:18 GMT
A continuously evolving and improving Insolvency and Bankruptcy Code (IBC) framework is important to achieving a 7-8% growth over the next decade, as growth aspirations require capital to operate at the frontiers of productivity and efficiency, said the …
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The Insolvency Code’s progress: From deep haircuts to fuller recoveries
08 Nov 2024 09:39 GMT
In the recent past, various stakeholders including the Parliamentary Standing Committee on Finance, Reserve Bank of India (RBI) Governor Shaktikanta Das and India’s G-20 Sherpa Amitabh Kant have flagged concerns over delays and asked for a recovery boost.
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