bankruptcy

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    NCLAT Sets 3-Month Deadline for Future Lifestyle Fashion Insolvency

    New Delhi, April 6 The National Company Law Appellate Tribunal has ordered the completion of the insolvency proceedings for Future Lifestyle Fashion within three months.While rejecting an appeal filed by an operational creditor, a two-member bench has asked the Resolution Professional and the...
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    Ministry of Finance Representative Joins IBBI Board

    New Delhi, March 30 The government has appointed Aparna Sinha as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI), according to an official notification.Sinha, who is currently serving as an Adviser (FSRL) in the Department of Economic Affairs, Ministry of Finance...
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    Vedanta Challenges Adani's Jaiprakash Acquisition in NCLAT

    Vedanta Challenges NCLT Approval of Adani’s ₹14,535 Crore Bid for Jaiprakash Associates New Delhi, March 22: The Vedanta Group has moved the National Company Law Appellate Tribunal (NCLAT), contesting the National Company Law Tribunal’s approval of Adani Enterprises Ltd’s ₹14,535 crore...
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    NCLAT Allows Withdrawal of Insolvency Proceedings Against Mahagun After Settlement With IDBI Trusteeship

    Settlement Brings Relief to Realty Firm Mahagun The National Company Law Appellate Tribunal has directed the withdrawal of insolvency proceedings against real estate firm Mahagun (India) after the company reached a settlement with its financial creditor.A two member bench of the appellate...
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