The action was taken basis recommendation of the National Housing Bank (NHB). Later, it filed an application with the NCLT, ...

The National Company Law Tribunal has initiated a corporate insolvency resolution process against AVIOM India Housing Finance, following governance concerns. After the RBI superseded AVIOM's board, an ...

NCLT has directed the resolution professional to return the management control of the firm to ex-management and also ended ...

Changes in insolvency rules empower resolution professionals to hand over possession of properties to homebuyers while the ...

Financial creditors of Reliance Big Private Limited, formerly promoted by Anil Ambani, are set to face a 99% haircut as part ...

“The Hon’ble NCLT vide order dated 20 February 2025, has admitted the application for commencement of corporate insolvency ...

NCLT said "there is a nexus and connection" between its financial creditor Experts Realty Professionals whose plea for ...

IBBI chairman Ravi Mital, in the regulator’s latest quarterly newsletter, pointed to a steady rise in corporate resolutions and a sharp decline in liquidations since 2020-21 ...

The National Company Law Tribunal (NCLT) on Thursday admitted embattled Non-Banking Financial Company (NBFC), Aviom India ...

The Kerala High Court yesterday (on February 12), observed that during the Corporate Insolvency Resolution Process, ...

The National Company Law Tribunal (NCLT) has admitted insolvency proceedings against AVIOM India Housing Finance, following ...