Mumbai, Dec 16: The National Company Law Tribunal (NCLT) has approved a resolution plan of ₹900 crore submitted by the ...

NCLAT has ruled that the Committee of Creditors cannot alter fund distribution under a resolution plan after approval, dismissing Bank of Baroda’s plea.

The insolvency appellate tribunal NCLAT has ruled that the Committee of Creditors (CoC) cannot modify an approved resolution ...

The Committee of Creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, ...

The Tribunal held that GST-related claims not included in an approved insolvency resolution plan lapse, protecting the resolution applicant from past, unquantified ...

The monitoring committee attached to the insolvency resolution process of Chennai-based Orchid Pharma has implemented the approved resolution plan by Gurgaon-based Dhanuka Laboratories, which would ...

IBBI mandates beneficial ownership disclosure in resolution plans to enhance transparency and prevent opaque bids in ...

The Situation: The Federal Deposit Insurance Corporation ("FDIC") has proposed significant amendments (the "Proposal") to its rule requiring covered insured depository institutions ("CIDIs") to ...

New Delhi, Sep 13 (PTI) The Supreme Court on Monday held that CoC approved resolution plan submitted to the National Company Law Tribunal (NCLT) cannot be modified or withdrawn as it would create ...

The High Court held that GST demands for periods prior to approval of a resolution plan cannot survive. All such claims stand extinguished once the plan is finally ...

The Reserve Bank of India has warned UV Asset Reconstruction Company (UVARCL) that its certificate of registration may be cancelled unless it explains by next week why it did not inform the insolvency ...

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has filed its 2021 resolution plan. State Street, along with other banking institutions, periodically prepares and ...