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Creditors Meet Amidst Financial Distress

AuthorAditi Singh|Published at: 19th February 2026, 6:31 pm Overview CMI Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has scheduled its 41st Committee of Creditors (CoC) meeting on February 20, 2026. This procedural announcement highlights the ongoing financial distress and the creditors’ critical role in deciding the company’s fate. The company has been in insolvency…

Reliance Home Finance Holds Creditors Meeting Amid Insolvency

AuthorAditi Singh|Published at: 19th February 2026, 4:49 pm Overview Reliance Home Finance Limited (RHFL), currently under insolvency proceedings, held its sixth Committee of Creditors (CoC) meeting on February 18, 2026. This meeting is a key step in the Corporate Insolvency Resolution Process (CIRP) where creditors discuss the company’s future. RHFL’s admission into CIRP followed defaults,…

S.7 IBC | Corporate Debtor’s Ability To Pay Debt Not To Be Considered Before Admitting Insolvency Petition : Supreme Court

The Supreme Court on Wednesday (February 18) reaffirmed that the remedy under Section 7 of the Insolvency & Bankruptcy Code (IBC) to initiate the Corporate Insolvency Resolution Process (CIRP) is not discretionary but mandatory, leaving the adjudicating authority with no option but to admit the application once the existence of a debt and a default…

Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

Taking Stock: Nifty below 25,500 as market ends 3-day winning streak; Sensex tumbles 1,236 pts More than 140 stocks touched their 52-week low, including Brainbees Solutions, C. E. Info, LT Technology, Clean Science, Just Dial, Vedant Fashions, Info Edge, Jyothy Labs, Inox Wind, Ola Electric, KEC International, NCC, Cello World, among others. Read the original…