High Court held that following the NCLT's admission of the Insolvency Application and cancellation of the auction, the bid amount should...

High Court ruled that the NCLT lacks jurisdiction over insolvency proceedings involving personal guarantees in the context of partnership...

High Court noted that the civil court's jurisdiction remains when the Debts Recovery Tribunal cannot effectively address remedy. The...

High Court held that the Court Can Use Article 227 Jurisdiction for Clear Failures by the DRT. The Kerala High Court Single-Judge Bench...

On July 26, 2024, the Supreme Court of India issued a contempt notice to the Vishakhapatnam Bar Association for its role in obstructing...

NCLAT held that failure of a One-Time Settlement (OTS) cannot reset the default date and does not preclude proceedings under Section 7 of...

The Insolvency and Bankruptcy Board of India (IBBI), in association with the National Law University, Odisha (NLUO) and National...

Supreme Court observed that dishonouring cheques is now a regulatory offence, and courts should encourage compounding of offences. The...

Byju's, the prominent edutech firm founded by Byju Raveendran in 2011 and valued at $22 billion in 2022, faces a significant challenge as...

In the bustling financial hub of Mumbai, a significant call for enhanced recovery measures was made by the Chairperson of the Insolvency...