Corporate Insolvency Resolution Process

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Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Tribunal orders liquidation of Go First

The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes.......

Tribunal rejects tax claim against RCom

The NCLAT has set aside a petition filed by the state tax department claiming dues from Reliance Communications (RCom) observing that it was based on the assessment made after the initiation......

Liquidation share in insolvency cases on the decline, shows IBBI data

From almost 60 per cent as of December 2019, the share of liquidations in the mode of closure of total Insolvency and Bankruptcy Code (IBC) cases came down to 44 per cent till September 2023, data......

SC sets aside NCLAT order against Byju's

In a significant verdict, the Supreme Court on Wednesday set aside the National Company Law Appellate Tribunal's (NCLAT) verdict that had stopped insolvency proceedings against embattled ed-tech......

Centre pushes for faster admission of corporate insolvency cases at NCLT

Benches of the National Company Law Tribunal (NCLT) should not get into questioning a company’s default once it is established by the creditors, particularly financial creditors, for......

Loan Default: Nitin Desai Lost Control Of Studio

Photograph: Kind courtesy Nitin Chandrakant Desai/Instagram Noted art director Nitin Chandrakant Desai, who was found dead on Wednesday at his studio in Maharashtra's Raigad district, had......

Patanjali considers bidding for IPL title sponsorship

IMAGE: The Indian Premier League trophy. Photograph: BCCI Baba Ramdev's Patanjali Ayurved is considering bidding for the title sponsorship of the upcoming Indian Premier League, according to a......

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Corporate Insolvency Resolution Process

News for Corporate Insolvency Resolution Process

Bank fraud: ED registers money laundering case against ABG Shipyard

ED raids 26 locations in ABG Shipyard bank fraud case

Tribunal orders liquidation of Go First

Tribunal rejects tax claim against RCom

Liquidation share in insolvency cases on the decline, shows IBBI data

SC sets aside NCLAT order against Byju's

Centre pushes for faster admission of corporate insolvency cases at NCLT

Loan Default: Nitin Desai Lost Control Of Studio

Patanjali considers bidding for IPL title sponsorship

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