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Homebuyers to be part of Insolvency Process: SC Orders Fresh bids for Jaypee Infra [Read Judgment]

While allowing a bunch of petitions in the Jaypee Infratech matter, the Supreme Court ordered a fresh round of bidding for the company but barred the...

12 Technical Member Vacancies in NCLT

9,073 cases under consideration in NCLT, including 1,630 cases of Merger and Amalgamation, says MoS...

No Reduction in Approval of Resolution plans after enactment of IBC (Amendment) Ordinance 2017

Claim of Investments cannot be considered as 'Operational Debt' under Insolvency and Bankruptcy...

Cyrus Mistry’s Plea To Transfer Case against Tata Sons Gets Rejected: NCLT Imposes 10 Lakh Cost [Read Order]

The National Company Law Tribunal (NCLT) dismissed a plea by Cyrus investment & Anr for transfer of the case against Tata Sons Ltd to the Delhi bench from Mumbai, along with imposing a cost of 10...

Openings of Research Associatein in NCLT

The National Company Law Tribunal (NCLT) has invited application for the openings of Law Research Associate. On June 01, 2016, the Ministry of Corporate Affairs (MCA) published a notification...

Tax on any Gain to Firms under Insolvency Code under hair cut be waived: ASSOCHAM to Govt.

Apex industry body ASSOCHAM has written to the government, seeking a slew of tax reliefs, including exemption from tax on any hair cut taken by the banks in the form of a waiver of interest accrued, ...

Give a carve-out to Home Buyers, Treat them at par with Banks in Realty Projects: ASSOCHAM urges Govt.

ASSOCHAM today urged the government, National Company Law Tribunal (NCLT) and the Insolvency and Bankruptcy Board of India to treat home buyers in real estate projects at par, if not above banks in...