LiveLawBiz IBC Weekly Digest: September 21

SUPREME COURT Byju’s Insolvency: Supreme Court Reserves Verdict On CoC’s Impleadment In Plea To Remove GLAS Trust From It Case Title : The Committee of Creditors of Think & Learn Pvt Ltd vs Riju Raveendran & Ors Case Number : C.A. 2594/2026 The Supreme Court on Monday reserved its verdict on a challenge by the…

Voluntary Liquidation in India: IBC Process, Timeline & Framework

Liquidation is the legal process through which a company winds down its affairs, settles its liabilities, realises and distributes its assets, and ultimately ceases to exist. In India, the applicable procedure depends on whether a solvent company chooses to close voluntarily or a company enters liquidation following insolvency proceedings. For companies undergoing voluntary liquidation, the…

Insolvency Service launches five year strategy

The Insolvency Service says it can drive even greater impact by helping people and businesses spot problems and find the right support earlier, and resolve them faster, before their situation escalates. The agency’s new five-year strategy outlines a marked change in how it will work in future, making sure it spots risk sooner, guides people…