Interim Resolution News Today

The Madras High Court bench of Justice N. Seshasayee held that though the Adjudicating Authority may not substitute the commercial wisdom of the Committee of Creditors (CoC), however, it must ...

Recently, the Allahabad High Court has held that a writ petition under Article 226 of the Constitution of India is not maintainable against a private company under insolvency in a contractual dispute...

The Kerala GST Department has issued Standard Operating Procedure (SOP) for the Insolvency and Bankruptcy Code (IBC), 2016 cases before the National Company Law Tribunal (NCLT).The Insolvency and...

The Council of Europe’s Committee of Ministers has called on the Hungarian authorities to submit an action plan by June next year.

India News: The Supreme Court has dismissed an appeal by Naina Desai, widow of Bollywood art director Nitin Desai, against a National Company Law Appellate Tribun

India News: The Supreme Court has dismissed an appeal by Naina Desai, widow of Bollywood art director Nitin Desai, against a National Company Law Appellate Tribun

Last month, the National Company Law Appellate Tribunal had stayed an order of the NCLT that had directed initiation of insolvency proceedings against the firm.

Nitin Desai Suicide Case: His financial troubles were reportedly owing to a series of irregular or delayed repayments of the principal amount.

Acclaimed Bollywood art director Nitin Chandrakant Desai, who was found hanging in a case of suspected suicide this morning, was reeling under a financial crises with accumulated debts of over Rs 250 crore and insolvency proceedings initiated ...

Mumbai, Aug 2 (IANS) Acclaimed Bollywood art director Nitin Chandrakant Desai, who was found hanging in a case of suspected suicide this morning, was reeling