Bankruptcy and Insolvency

Desai suicide: Edelweiss denies any wrongdoing, says recovery efforts a right and obligation of creditors Desai

Desai

Desai suicide: Edelweiss denies any wrongdoing, says recovery efforts a right and obligation of creditors

Indian Law Watch August 8, 2023

Desai, whose company had defaulted on a Rs 252 crore debt and had failed in securing any...

SC to decide if resolution professionals can be tried under Corruption Act

resolution professionals

SC to decide if resolution professionals can be tried under Corruption Act

sameerlakra July 3, 2023

A resolution professional appointed under the Insolvency and Bankruptcy Code is a 'public servant' and can be...

Existence of prior dispute excludes application of insolvency proceedings: NCLT prior dispute and insolvency proceedings

prior dispute and insolvency proceedings

Existence of prior dispute excludes application of insolvency proceedings: NCLT

sameerlakra April 13, 2023

A bench of National Company Law Tribunal (NCLT) Branch Mumbai rules that prior existence of disputes excludes...

NCLT, Hyderabad admits Insolvency Petition against the Promoter of Deccan Chronicle Holdings Ltd by team of lawyers from IndusLaw Indus Law Firm

Indus Law Firm

NCLT, Hyderabad admits Insolvency Petition against the Promoter of Deccan Chronicle Holdings Ltd by team of lawyers from IndusLaw

Indian Law Watch July 1, 2022

NCLT Hyderabad Bench vide its order dated 24.06.2022 admitted an Insolvency Resolution Petition filed by L & T Finance...