Help us verify you as a real visitor

Attention, Our system has indicated that your user behaviour is potentially automated. News Group Newspapers Limited does not permit the access, collection, text or data mining of any content from our Service by any automated means whether directly or through an intermediary service. This is stated in our terms and conditions. If you would like…

Swift resolution required: Capacity gaps threaten insolvency outcomes | Current Affairs

Structural Weakness in the Insolvency and Bankruptcy Code (IBC) The Ministry of Corporate Affairs seeks Cabinet approval for 50 additional National Company Law Tribunal (NCLT) courts and two more National Company Law Appellate Tribunal (NCLAT) Benches. This move highlights a longstanding structural weakness affecting the effective functioning of the Insolvency and Bankruptcy Code (IBC). Capacity…

NCLAT Quashes Insolvency Proceedings Against OFB Tech Over Pre-Existing Dispute

The National Company Law Appellate Tribunal (NCLAT) has set aside the initiation of Corporate Insolvency Resolution Process (CIRP) against OFB Tech Private Limited, citing the existence of a pre-existing dispute between the parties and records available with the National E-Governance Services Limited (NeSL). In its order, the appellate tribunal overturned the decision of the National…

No Cookies | The Advertiser

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…