The directorate of enforcement (ED) intensified its probe into alleged irregularities during the corporate insolvency ...

Explore how precise valuations influence CIRP outcomes, attract serious bidders, and prevent litigation in insolvency ...

Data of 947 resolved cases as of March 2024 indicates a direct correlation between the length of the CIRP and the recovery rate, he said. The delay in the corporate insolvency resolution process (CIRP ...

CIRP cannot be defeated by a corporate debtor by raising "moonshine defence" only to delay the process, the Court said.

The Tribunal noted non-payment of significant dues, including EDC payable to ADA and tax liabilities, and admitted the Section 10 application, commencing CIRP and appointing an ...

As UK-based Liberty House failed to make the upfront cash payment of `410 crore even within the extended timeline, aggrieved lenders on Tuesday finally appealed before the National Company Law ...

The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU's CIRP process ...

The corporate insolvency resolution process (CIRP) of Byju’s has provided details about certain claims from its employees which helps in the understanding of the unpaid salaries and problems looming ...

NCLAT upheld Go Airlines' admission to the insolvency process but on other crucial questions raised by aircraft lessors the NCLT will first decide As beleaguered Go First shuts operations and ...

A whistleblower has alleged that accounting firm Ernst & Young (EY) had manipulated edtech firm BYJU's CIRP process. However, the most alarming revelation by the whistleblower is how a legitimate ...