Ibc News

Kotak reports that corporate stress in India remains benign despite delays and deep haircuts in the Insolvency and Bankruptcy Code (IBC). The corporate credit c

The Delhi High Court ruled that government bodies cannot seek old dues after the IBC process is completed, quashing a ₹5.89 lakh Customs demand against Jaipraka

ISB professor Prasanna Tantri stated that the IBC cannot compensate for poor screening, weak guarantees, or inadequate monitoring by banks before a default, que

Hindusthan National Glass and Industries (HNGIL) has issued a default notice to B9 Beverages Ltd (Bira 91) for unpaid dues of Rs 11.77 crore and plans to initia

The NCLT has approved a resolution plan allowing Subhash Chandra to settle ₹22,006.57 crore in claims for only ₹6.5 crore, a 99.97% reduction. This decision, ap

The NCLT has approved Subhash Chandra's Rs 6.5 crore payout to settle Rs 22,006 crore in dues, representing a 99.97% haircut, despite objections from lenders re

The Supreme Court's recent ruling on the IBC allows proceedings against real estate promoters and directors to continue based on their independent legal liabili

The NCLT achieved its best-ever quarter under the IBC, approving 78 resolution plans worth ₹5,517.66 crore and disposing of numerous interlocutory applications,