After the National Company Law Tribunal (NCLT) admits an application, an Interim Resolution Professional (IRP) is designated to supervise the assets and management of the debtor. A moratorium period, ...

By Vibhav Mishra The Insolvency and Bankruptcy Code (IBC), introduced to address deficiencies in earlier laws like the Sick Industrial Companies Act and the Companies Act, promised a revolutionary ...

It sounded like a Christmas miracle when the then-insolvent air taxi developer Lilium announced on Christmas Eve that it had been rescued by a consortium of ...

The IBC was a radical structural reform when it was introduced in 2016. It has been instrumental in reducing NPA levels and increasing recovery for banks.

Byju’s suspended directors have moved the NCLAT against a ruling that reinstates lenders while leaving a key ₹158 crore BCCI ...

The amendments, notified on January 28, 2025, with immediate effect, modify the Insolvency and Bankruptcy Board of India ...

The Malaysian Government has established the Cross-Border Insolvency Working Committee (CBI-REFORM-WC) to align the country’s insolvency laws with international standards.