Category Archives: Liquidation

IBBI Mandates Disclosure of Avoidance Transactions in Resolution Plans [Read Notification]

The Insolvency and Bankruptcy Board of India (IBBI) issued Notification No. IBBI/2025-26/GN/REG128 dated 4th July 2025 announcing the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2025. This amendment introduces stricter transparency norms in the corporate insolvency resolution process (CIRP). Stay Updated with the Latest Audit Report Formats…

Adani Power’s Implementation Of Vidarbha Industries Power Completed For ₹4000 Crore ; Boosts Operating Capacity To 18,150 MW

Ahmedabad: Adani Power Ltd (APL) on Tuesday said it has successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd (VIPL) for Rs 4,000 crore. With this acquisition, Adani Power takes its operating capacity to 18,150 MW, cementing its position as India’s largest private base load power generation company with 30,670 MW…

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Dartbrook Coal Mine Enters Receivership After Default

The Dartbrook coal mine has been placed into voluntary administration and receivership after failing to meet loan obligations totalling $US113.6 million (A$175 million) to Vitol Asia. The mine, operated by Dartbrook Operations, a subsidiary of Australian Pacific Coal (AQC), is located in New South Wales’ Hunter Valley coal mining region. It operates as an 80:20…

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