corporate law

New Delhi, April 8 In a relief for Dish TV, direct-to-home service provider JC Flowers Asset Reconstruction has withdrawn its petition filed before the NCLT for convening an extraordinary general meeting of the company.The petition filed by JC Flowers Asset Reconstruction (the original...

New Delhi, April 6 – In a setback for the Vedanta Group, the Supreme Court on Monday declined to stay the implementation of Adani Enterprises' debt resolution plan for Jaiprakash Associates Ltd., which is facing financial difficulties.A bench led by Chief Justice Surya Kant noted that the...

New Delhi, April 6 The Supreme Court on Monday refrained from interfering with the order of the National Company Law Appellate Tribunal (NCLAT), which had refused to stay Adani Group's ₹14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL).However, the bench restrained the monitoring...

New Delhi, April 2 DMK MP P Wilson opposed the Jan Vishwas (Amendment of Provisions) Bill, 2026, in the Rajya Sabha on Thursday, alleging it would benefit "corporate friends" of the ruling party.Participating in the discussion on the bill, he said, "I am here today not merely to oppose, but to...

New Delhi, April 1 The Insolvency and Bankruptcy Code has helped improve the health of the Indian banking sector, Finance and Corporate Affairs Minister Nirmala Sitharaman said on Wednesday.The Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, after the Rajya Sabha...

New Delhi, April 1 The Parliament passed amendments to the Insolvency and Bankruptcy Code (IBC) on Wednesday to facilitate faster resolutions, reduce case backlogs, and strengthen the financial ecosystem.The Rajya Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, through...

New Delhi, April 1 – Members of the ruling party and opposition engaged in heated exchanges in the Lok Sabha on Wednesday regarding the second edition of the Jan Vishwas bill. The BJP framed it as the largest decriminalization exercise in India's history, aimed at simplifying business and the...

The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 by a voice vote today. The Bill, which was initially referred to a Select Committee, aims to further amend the Insolvency and Bankruptcy Code 2016 to address procedural delays and interpretational issues faced by...

New Delhi, March 30 Finance and Corporate Affairs Minister Nirmala Sitharaman stated in the Lok Sabha on Monday that the Insolvency and Bankruptcy Code (IBC) has been a key and very important factor in improving the health of the country's banking sector, including the recovery of non-performing...

New Delhi, March 25 The introduction of the Insolvency and Bankruptcy Code (IBC) has led to the recovery of over ₹4 lakh crore in the last decade through the resolution of bankrupt companies, senior BJP MP Anurag Thakur said in the Lok Sabha on Wednesday.Participating in the debate on the...

New Delhi, March 23 – The Lok Sabha on Monday gave its approval for referring the Corporate Laws (Amendment) Bill, 2026, to the Joint Parliamentary Committee (JPC) for further scrutiny.Finance Minister Nirmala Sitharaman introduced the Bill in the lower house of Parliament, which aims to amend...

New Delhi, March 16 The National Company Law Appellate Tribunal (NCLAT) on Monday restored an insolvency appeal against Dilip Buildcon, a construction and infrastructure development company.A two-member bench of the NCLAT on December 12, 2025, dismissed the appeal filed by Shyamji Construction...

New Delhi, March 10 – The Union Cabinet has given its approval for amendments to the Insolvency and Bankruptcy Code, potentially paving the way for the introduction of the IBC Amendment Bill in the ongoing parliamentary session, according to sources.The proposed legislative updates are based...

New Delhi, March 10 The Supreme Court on Tuesday dismissed a batch of appeals filed by minority shareholders of Bharti Telecom Limited (BTL), upholding the company's decision to reduce its share capital and ease out individual investors.A bench of Justices Sanjay Kumar and K Vinod Chandran...

New Delhi, March 10 The Union Cabinet approved amendments to the insolvency law and the Companies Act on Tuesday, according to sources.Specific details could not be immediately ascertained.The sources said that the Cabinet has approved various amendments to the Insolvency and Bankruptcy Code...

Ahmedabad, February 28 Chief Justice of India (CJI) Surya Kant said on Saturday that if a large proportion of law graduates are opting for jobs in corporate firms instead of practicing in courts, then the situation is worrying.Addressing law graduates at the 16th convocation of the Gujarat...

New Delhi, February 25 The Ministry of Corporate Affairs will introduce a three-month compliance facilitation scheme for companies to submit their pending filings with reduced fees, as well as condone the delays.The scheme, which will be operational from April 15 to July 15, comes after...

New Delhi, February 24 Dr. Reddy's Laboratories said on Tuesday that the U.S. Securities and Exchange Commission has not recommended any enforcement action against it due to an anonymous complaint alleging improper payments to healthcare professionals in Ukraine and other countries.The...