Bankruptcy

Liquidation of a company means the process of closing a business and distributing its assets to pay for the outstanding debts. The process of liquidation formally concludes the affairs of the company. ....

When a liquidator is conducting a liquidation process, he requires a plethora of transactional information associated with the corporate debtor (the one who is facing liquidation). To that end, he has ....

In the recent development of the insolvency proceedings, RCom has opted to retract the petition is forwarded to the NCLAT to contest against the NCLT’s decision for insolvency resolution.

In th ....

Insolvency is a state of being insolvent. This blog discusses several acts of Insolvency in India that can act as fuel to Insolvency resolution proceedings. 

The insolvency and Bankrup ....

This post was originally published in 2019 and has been updated on December 18, 2024, to provide you with the most current and accurate information.

Both NCLT and NCLAT were established on Ju ....

Insolvency and bankruptcy code is one of the most controversial collections of laws in India as of this moment. The code is in no way perfect and with each year, more amendments are coming to make it ....

On 17th April 2019, Jet Airways stopped all its operations. Reason: Not enough money to even fuel. Once Jet Airways used to rule the skies, but at the time when it ceased its operations, pilots w ....

The Insolvency resolution proceedings are now going to take less time with a longer timeline. Confused? We were too. But with the new IBC amendments, the goal is to clarify the rights of the ....