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New Delhi, May 25 (PTI) The insolvency appellate tribunal has directed the NCLT to promptly decide on the stay of the process ...
IBBI now requires Resolution Professionals to inform NCLT if personal guarantors fail to submit repayment plans, increasing accountability and streamlining the insolvency process for individuals.
The steelmaker has sought a review of the top court’s ruling that quashed its ₹19,300 crore resolution plan for BPSL. A ...
In a research note released on Sunday, CII suggested that suitable amendments may be introduced in the Tribunals Reforms Act, ...
In a research note CII has made a strong case for establishing such an oversight mechanism on a priority basis.
CII advocates for a centralised oversight mechanism for Indian tribunals to enhance efficiency, transparency, and investor ...
As of the end of December, ₹6.7 trillion was pending resolution at the Income Tax Appellate Tribunal alone, accounting for ...