But are these companies looking in the right places to achieve this? Industrial Nozzles and Systems (INS), representing Lechler, a leading global manufacturer of high precision nozzle technology, has ...

Over 30,000 cases were settled before their admission in the Insolvency and Bankruptcy Code (IBC) till December 2024, covering defaults worth Rs 13.78 lakh crore, a top IBBI official said on Saturday.

The Supreme Court on Tuesday (April 29) upheld the delivery of a demand notice under Section 8 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) to the corporate debtor's Key Managerial ...

The Tribunal also observed that the obligation of the RP under CIRP Regulations and IBC is limited only to the appointment of the registered valuers, while the valuation is to be approved by the ...

has no jurisdiction to condone delay beyond the statutorily prescribed period of 45 days for filing an appeal under Section 61(2) of the Insolvency and Bankruptcy Code, 2016 (IBC). Loading content, ...

"JSW Steel was found to have delayed the implementation of the Resolution Plan for over two years, misusing the process of law and frustrating the objectives of the IBC. The Court criticised JSW ...

JSW argued that such issues should not arise once a new management takes over — especially after Section 32A was added to the IBC in December 2019, granting protection to buyers from prosecution ...

Both these conditions can lead to unplanned outages and expensive repairs. The heart of a desuperheater is its spray nozzle as it must handle a wide variation of inflow rate, temperature and pressure ...

On Friday, the Supreme Court (SC) scrapped the ₹19,700-crore acquisition completed four years ago, citing "gross violation" of the Insolvency and Bankruptcy Code (IBC). The top court has observed ...

Fait accompli is a French term used to depict an event that has occurred so definitively that even if it has allegations of illegality, the situation has become practically irreversible.In such cases, ...

Against this, INSCO approached the National Company Law Tribunal (“NCLT”), which dismissed the application, observing that prior CCI approval under Section 31(4) of the IBC had been obtained. On ...