The Supreme Court has said that no tax demand, even if raised by the income-tax department, can be allowed to be included in ...

In a historic economic achievement, India has doubled its Gross Domestic Product (GDP) from $2.1 trillion in 2015 to $4.3 ...

A corporate debtor, under IBC, is a company or LLP that owes a debt to any person. A successful resolution applicant is a ...

The abovementioned IBBI circular, enhancing Information Memorandum (IM) disclosures, significantly impacts IBC resolution processes. By mandating detailed particulars of accumulated losses and ...

INSCO accuses Exclusive Capital of derailing HNGIL's insolvency resolution, urges CoC to act promptly to avoid legal consequences.

The Supreme Court today (March 20) declined a claim raised by the Income Tax Department to include a tax demand in a ...

The Supreme Court ruled in favor of Vishnoo Mittal, a director of Xalta Food and Beverages Pvt. Ltd., quashing a cheque bounce case filed against him under Section 138 of the Negotiable Instruments ...

RG Luxury Homes in Greater Noida West will soon hand over possession to 600 homebuyers under NCLT’s reverse insolvency ...

Reliance Capital’s insolvency resolution process has been successfully closed, with IndusInd International Holdings acquiring ...

Standing Committee on Finance directs MCA to implement direct submission system for resolution plans, addressing IBC ...

Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the company escaped Chapter 11, according to multiple reports. In a statement ...

India -Interim Moratorium Not An Escape From Consumer Penalties: Supreme Court Clarifies. Legal News and Analysis - India - ...