Facing OTP Issues? MCA Introduces IVR System for Foreign Directors to Ease DIR-3 KYC Filing
The Ministry of Corporate Affairs (MCA) announced the introduction of a new Interactive Voice Response (IVR) system to address persistent OTP (One...
![Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default Due and Payable Beyond IBC Section 4(1) Threshold [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/250x150_2087856-nclt-mumbai-corporate-applicants-cirp-taxscan.webp "Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default Due and Payable Beyond IBC Section 4(1) Threshold [Read Order]")
![Corporate Debtor Defaults in Repayment of Financial Debt over Minimum Threshold of Rs. 1 crore u/s 4 of IBC: NCLT admits CIRP Petition [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/250x150_2087846-corporate-debtor-repayment-financial-debt-nclt-cirp-petition-taxscan.webp "Corporate Debtor Defaults in Repayment of Financial Debt over Minimum Threshold of Rs. 1 crore u/s 4 of IBC: NCLT admits CIRP Petition [Read Order]")
![NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086437-nclt-cirp-canara-bank-default-payment-debt-amount-taxscan.webp "NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]")
![NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt within period of limitation [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086323-nclt-idfc-bank-ibc-corporate-debtor-application-of-idfc-bank-taxscan.webp "NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt within period of limitation [Read Order]")
Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]
The Supreme Court in a recent ruling held that speculative participants driven by profit motives cannot be permitted to misuse Insolvency Bankruptcy Code (IBC), 2016 provisions and directed the...
![Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086184-2085588-supreme-court-income-tax-taxscan.webp "Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]")
Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court allows appeal under IBC, Directs to hand over possession [Read Order]
The Supreme Court in ruling being a relief to the plight of individual homebuyers who invest life savings to secure a home, allowed the appeal under the Insolvency and Bankruptcy Code, 2016(IBC)...
![Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court allows appeal under IBC, Directs to hand over possession [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/500x300_2085955-relief-to-plight-of-individual-homebuyers-secure-home-supreme-court-taxscan.webp "Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court allows appeal under IBC, Directs to hand over possession [Read Order]")
![SEBI Eases Compliance for FPIs Investing Only in Government Securities [Read Circular]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085566-sebi-fpi-taxscan.webp "SEBI Eases Compliance for FPIs Investing Only in Government Securities [Read Circular]")
SEBI Revises Angel Fund Regulations: Accredited Investors Made Mandatory, Investment Capped at Rs. 25 Crore [Read Circular]
The Securities and Exchange Board of India (SEBI) issued a circular dated September 10, 2025, revising regulatory framework for Angel Funds under the Alternative Investment Funds (AIF) Regulations,...
![SEBI Revises Angel Fund Regulations: Accredited Investors Made Mandatory, Investment Capped at Rs. 25 Crore [Read Circular]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085560-sebi-angel-fund-regulations-accredited-investors-mandatory-investment-capped-taxsxcan.webp "SEBI Revises Angel Fund Regulations: Accredited Investors Made Mandatory, Investment Capped at Rs. 25 Crore [Read Circular]")
Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has held that the mere fact that a corporate debtor's One Time Settlement (OTS) proposal is under consideration by other lenders...
![Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085514-ibc-ots-nclat-taxscan.webp "Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]")
Unconditional Consent by Sole Financial Creditor is sufficient for withdrawal of CIRP Regulations: NCLT [Read Order]
The National Company Law Tribunal, New Delhi, has held that unconditional consent by the sole financial creditor is sufficient for withdrawal of Corporate Insolvency Resolution Process ("CIRP'') ...
![Unconditional Consent by Sole Financial Creditor is sufficient for withdrawal of CIRP Regulations: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085515-cirp-withdrawal-nclat-taxscan.webp "Unconditional Consent by Sole Financial Creditor is sufficient for withdrawal of CIRP Regulations: NCLT [Read Order]")