India: Financial Restructuring

In a landmark judgment, the Hon'ble Supreme Court has held that once a homebuyer's claim is verified and admitted in the insolvency process, it cannot be classified as "belated" merely on procedural grounds.

In a recent decision, the National Company Law Appellate Tribunal (NCLAT) upheld the order of the National Company Law Tribunal (NCLT) directing the liquidation of E.C. Bose & Company Pvt. Ltd., a corporate debtor...

The Supreme Court of India, in a recent judgment, highlights the strict application of limitation provisions in cheque dishonour cases under the Negotiable Instruments Act...

The Reserve Bank of India recently introduced the Master Directions – Reserve Bank of India (Credit Information Reporting) Directions, 2025, subtly restructuring the legal architecture governing India's credit information ecosystem.

The National Company Law Appellate Tribunal ("NCLAT"), recently in the case of State Bank of India vs. Mr. Deepak Kumar Singhania, has clarified that a statutory demand notice...

The Supreme Court of India ("Supreme Court") recently in the case of Saranga Anilkumar Aggarwal vs. Bhavesh Dhirajlal Sheth and Ors., held that the interim moratorium on personal guarantors under Section 96 of the Insolvency and Bankruptcy Code, 2016 ("IBC") does not extend to regulatory penalties.

The Reserve Bank of India ("RBI") has announced several key regulatory and developmental policy updates.

In the ever-evolving landscape of corporate governance and insolvency regulation, the Ministry of Corporate Affairs (MCA) stands at the forefront, orchestrating strategic reforms to fortify...

Eleven months since the admission of the Go First insolvency, the Delhi High Court has passed a significant orderon April 26, 2024, allowing the writ petition filed by certain aircraft lessors...