Rating agency Icra noted that in Q2 FY2025, the number of corporate debtors admitted by the National Company Law Tribunal ...

The Tribunal dismissed the Corporate Debtor's challenge to the July 15, 2024 order, ruling that the Insolvency and Bankruptcy ...

IL&FS has reevaluated its Mumbai headquarters, TIFC, increasing its value to Rs 1,700 crore, a 57% jump from the highest bid ...

In August this year, NCLAT has noted that over five years have been elapsed when the “moratorium protection” order was passed ...

He added that 71 per cent of the ongoing corporate insolvency resolution processes (CIRPs) had exceeded 270 days, ...

Indian banks are facing significant losses in corporate insolvency cases, with haircuts exceeding 70% due to delays in resolution processes. The lengthy timelines, often exceeding the stipulated 270 ...

Icra reports lenders are facing significant haircuts in corporate insolvency cases due to delays exceeding the 270-day ...

The Insolvency appellate tribunal has directed the debt-ridden IL&FS group to complete the resolution of the remaining 58 ...

NCLAT extends moratorium on IL''FS resolution, directs completion of remaining 58 firms by March 31, 2025. Debt resolution process is at an advanced stage with significant progress made.

Advertising revenue fell by 4percent to Rs 10,736.94 crore, and subscription revenue dropped by 1.3percent to Rs 6,909.67 ...