Big setback for Anil Ambani? Insolvency plea against Reliance Infrastructure admitted by NCLT – Companies

Bankruptcy

Reliance Infrastructure insolvency plea: IDBI Trusteeship Services Ltd, on behalf of the operational creditors, had submitted an application under the corporate insolvency resolution process (CIRP) against Reliance Infrastructure. The trustee company had approached the tribunal after the company defaulted on its dues of more than Rs 88 crore. Reliance Infrastructure claimed that there is no…

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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures

Liquidation

The Insolvency Resolution Process for Corporate Persons Fourth Amendment regulations, 2025, were notified by the Insolvency and Bankruptcy Board of India on May 26, according to a recent release. These amendments to the corporate insolvency regulations are designed to streamline procedures, safeguard the interests of creditors, and foster increased investor involvement in resolution processes. A…

Mumbai NCLT Bars Collector From Recovery Action On Shree Ram Urban Infrastructure Property Amid Insolvency Moratorium

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NCLT restrains Mumbai Collector from asset recovery on Shree Ram Urban Infrastructure during insolvency proceedings | Representational Image Mumbai: The National Company Law Tribunal (NCLT) in its recent orders have restrained the Collector and District Magistrate of Mumbai City from initiating any recovery proceedings or creating any third-party interests in the assets of Shree Ram…

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Bankruptcy

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