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Out-Of-Court Mechanism Proposed In Bankruptcy Law Amendment Bill
Finance Minister Nirmala Sitharaman has proposed an "out-of-court initiation mechanism" for genuine business failures in the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.
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Centre Introduces Bill To Amend Insolvency Law In Lok Sabha
Finance Minister Nirmala Sitharaman introduced a bill in the Lok Sabha to amend the insolvency law.
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IREDA Files Bankruptcy Proceeding Against Gensol Engineering
Indian Renewable Energy Development Agency (Ireda) on Wednesday said it filed a bankruptcy application against beleaguered Gensol Engineering before the National Company Law Tribunal.
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Cannot Direct Government To Notify Law Passed By Parliament: Supreme Court
The courts cannot direct the government to notify a law passed by Parliament, the Supreme Court said today while dismissing a plea seeking implementation of certain provisions of the Insolvency and Bankruptcy Code.
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Financial Creditors Take Maximum Risk, Need To Be Compensated: RBI
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of the country's central bank said on Thursday.
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Go First Extends Flight Cancellation Till November 30 Citing ''Operational Reasons''
Earlier on May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT).
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Go First Struggles To Resume Operations, Flight Cancellation Extended Till July 10
The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal.
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Go First Struggles To Resume Ops, Extends Flight Cancellations Till June 25
Crisis-hit airline Go First on Wednesday announced that its scheduled flight operations will remain cancelled till June 25 due to operational reasons. Earlier, the airline said that operations would remain cancelled till June 22.
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Google Fined RUB 3 Million in Russia Over YouTube Videos on LGBT Propaganda: Reports
A Russian court fined Alphabet's Google RUB 3 million (nearly Rs. 31 lakh) on Thursday for failing to delete YouTube videos it said promoted "LGBT propaganda" and "false information" about Russia's military campaign in Ukraine, Russian news agencies reported. Over the last year Moscow has levied dozens of fines against Western tech companies as par...
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Government To Amend Insolvency Law To Reduce Time Taken For Resolution Process
The government is preparing to amend the insolvency law as it looks to reduce the time taken for completion of resolution process of stressed assets and prevent significant erosion of value of the assets.
-
Out-Of-Court Mechanism Proposed In Bankruptcy Law Amendment Bill
Finance Minister Nirmala Sitharaman has proposed an "out-of-court initiation mechanism" for genuine business failures in the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.
-
Centre Introduces Bill To Amend Insolvency Law In Lok Sabha
Finance Minister Nirmala Sitharaman introduced a bill in the Lok Sabha to amend the insolvency law.
-
IREDA Files Bankruptcy Proceeding Against Gensol Engineering
Indian Renewable Energy Development Agency (Ireda) on Wednesday said it filed a bankruptcy application against beleaguered Gensol Engineering before the National Company Law Tribunal.
-
Cannot Direct Government To Notify Law Passed By Parliament: Supreme Court
The courts cannot direct the government to notify a law passed by Parliament, the Supreme Court said today while dismissing a plea seeking implementation of certain provisions of the Insolvency and Bankruptcy Code.
-
Financial Creditors Take Maximum Risk, Need To Be Compensated: RBI
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of the country's central bank said on Thursday.
-
Go First Extends Flight Cancellation Till November 30 Citing ''Operational Reasons''
Earlier on May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT).
-
Go First Struggles To Resume Operations, Flight Cancellation Extended Till July 10
The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal.
-
Go First Struggles To Resume Ops, Extends Flight Cancellations Till June 25
Crisis-hit airline Go First on Wednesday announced that its scheduled flight operations will remain cancelled till June 25 due to operational reasons. Earlier, the airline said that operations would remain cancelled till June 22.
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Google Fined RUB 3 Million in Russia Over YouTube Videos on LGBT Propaganda: Reports
A Russian court fined Alphabet's Google RUB 3 million (nearly Rs. 31 lakh) on Thursday for failing to delete YouTube videos it said promoted "LGBT propaganda" and "false information" about Russia's military campaign in Ukraine, Russian news agencies reported. Over the last year Moscow has levied dozens of fines against Western tech companies as par...
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Government To Amend Insolvency Law To Reduce Time Taken For Resolution Process
The government is preparing to amend the insolvency law as it looks to reduce the time taken for completion of resolution process of stressed assets and prevent significant erosion of value of the assets.
