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India's Company Law Tribunal has commenced personal insolvency proceedings against businessman Anil Ambani, admitting an application filed by the State Bank of India under the Insolvency and Bankruptcy Code.
This article explains the implications for homeowners and their properties when a builder declares bankruptcy under India's Insolvency and Bankruptcy Code (IBC).
Recent amendments to India's Insolvency and Bankruptcy Code (IBC) are expected to streamline and accelerate the resolution process for corporate insolvencies.
India's Lok Sabha has approved the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, a measure praised by the Finance Minister for its potential to revitalize India's banking sector by expediting case admissions and preventing system misuse.
India's Enforcement Directorate (ED) has identified eight priority areas for focus, including the misuse of the Insolvency and Bankruptcy Code (IBC), cyber fraud, foreign assets, trade-based money laundering, illegal online gambling, and drug financing, discussed at a recent conference.
Recent court decisions cover a range of legal issues, including increased compensation for debt recovery, a city's inability to force a bus firm to use its terminal, and the removal of private information from public meeting recordings. Other rulings address the limits of criticism in schools, the supremacy of the Insolvency and Bankruptcy Code, and the non-anonymity of inquiries regarding speed camera operations.
This article provides key information on INS Aridaman, the Jan Vishwas Bill, and amendments to the Insolvency and Bankruptcy Code (IBC), likely for UPSC exam preparation.
An article highlights key topics relevant for the UPSC exams in India, including the caste census, the Insolvency and Bankruptcy Code, and the issue of Maoism.
The sources said the Cabinet has cleared various amendments to the Insolvency and Bankruptcy Code and the Companies Act, 2013
The Insolvency and Bankruptcy Code (IBC) has significantly transformed India's corporate rescue system over the past decade, improving the process for resolving corporate distress.
The Indian government is reportedly looking to introduce fresh amendments to the Insolvency and Bankruptcy Code (IBC) to address existing gaps and improve its effectiveness.
India's Finance Minister has stated that amendments to the Insolvency and Bankruptcy Code (IBC) are aimed at speeding up resolutions and enhancing stakeholder value.
The Supreme Court ruled that the Insolvency and Bankruptcy Code (IBC) represents a legislative choice to prioritize speed over exhaustive judicial scrutiny, urging courts to remain vigilant against expanding the scope of review.