The CIRP for Jason Dekor commenced on December 19, 2019, and initially, the CoC decided to seek liquidation due to the absence of a viable Resolution Plan. However, after a legal challenge and a ...

Financial Creditor had the discretion to invoke the pledge – IBC application can be admitted despite appellant’s ongoing attempts at settlement ...

The Supreme Court on January 29, by 2:1 majority, observed that a resolution plan under the Insolvency and Bankruptcy Code, ...

SC rules 2:1 that CCI approval for insolvency resolution plans involving mergers must be obtained before CoC approval, ...

The Supreme Court, by a 2:1 majority, has held that Competition Commission of India (CCI) approval for corporate insolvency ...

Landmark Supreme Court ruling mandates CCI approval for insolvency Resolution Plans involving mergers or acquisitions, emphasizing fair competition.

Glas Trust and Aditya Birla Finance will now be included in Byju's committee of creditors, while founder Byju Raveendran will ...

NCLT orders inquiry against Byju's resolution professional, restores Aditya Birla Finance as financial creditor, nullifies ...

The Supreme Court on Wednesday, by a majority of 2:1, set aside the approval granted to AGI Greenpac’s resolution plan for ailing Hindustan National Glass and Industries Ltd (HNGIL), citing ...

Both Glas Trust and Aditya Birla Finance were initially part of the CoC last year in August but were later removed from the ...

Is it possible to exist in two states at once, alive and dead, until observed? The thought experiment - 'Schrodinger's cat' ...

The tribunal has asked the Committee of Creditors, which now includes ousted creditors Glas Trust and Aditya Birla Finance, ...