₹55,357 Cr Debt Under CIRP

The Financial Deep Dive Jaiprakash Associates Limited (JAL) has submitted a mandatory disclosure indicating defaults in the payment of interest or repayment of principal amounts on its loans from banks and financial institutions for the month ending January 2026. This development occurs while the company is already under the Corporate Insolvency Resolution Process (CIRP),…

Aker Horizons ASA: Strategic update

OSLO, Norway, Feb. 5, 2026 /PRNewswire/ — Reference is made to the announcement by Aker Horizons ASA (OSE: “AKH) (the “Company”) on 30 October 2025, regarding the Board of Directors’ review of the Company’s future strategy following the merger between Aker Horizons Holding AS (“AKHH”) and Aker HoldCo AS, through which AKH shareholders received compensation…

IBC Timelines Under Strain As Insolvency Backlog Mounts: Economic Survey 2025–26

New Delhi, Feb 5 (KNN) India’s insolvency tribunals could take nearly a decade to clear their existing caseload if current disposal rates continue, raising concerns over mounting delays in the country’s insolvency resolution framework, according to the Economic Survey 2025-26. About 30,600 cases are pending before National Company Law Tribunals (NCLTs) nationwide, with the survey…