Only 17% real estate CIRPs have seen resolution

India’s insolvency framework for real estate is showing mixed outcomes nearly nine years after the rollout of the Insolvency and Bankruptcy Code (IBC), with a large proportion of cases still pending and thousands of homebuyers awaiting closure. According a committee report, 553 real estate corporate insolvency resolution processes (CIRPs) had been admitted under the IBC…

Confident that Adani Group will carry forward Jaypee legacy, Founder Jaiprakash Gaur after insolvency resolution

ANI | Updated: Apr 10, 2026 16:01 IST New Delhi [India], April 10 (ANI): Jaypee Group Founder Chairman Jaiprakash Gaur on Friday expressed confidence that the legacy of Jaiprakash Associates Ltd will be carried forward under the leadership of Gautam Adani after the company’s resolution process.In an official statement, Gaur said, “I have every confidence…

Racers’ leather company in liquidation

Friday, 10 April 2026 15:24 A UK company which made custom leathers for TT stars such as Joey Dunlop, John McGuinness, Bruce Anstey has gone into liquidation. Scott Leathers, based in Barnhard Castle for more than four decades, says rising costs and competition from the Far East means the business is no longer viable. It…