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Supreme Court Half Yearly Digest 2023: Insolvency And Bankruptcy Code

Companies Act, 2013 - Upholds the constitutionality of Section 327(7) of the Companies Act, which excludes workers dues from priority payment in the event of liquidation of a company under the.

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Future Retail heads for liquidation as lenders fail to get suitable buyer

Future Retail, the debt-ridden company once owned by Kishore Biyani-led Future Group, is now facing liquidation as its lenders could not find a suitab

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IBBI proposes fresh changes to make corporate insolvency resolution process faster, efficient

Discussion paper aims to cut down delays, lessen litigation

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NCLT admits Aditya Birla Finance s insolvency plea against Siti Broadband Services

In 2020, Siti Broadband had availed of a loan of ₹5 crore from Aditya Birla Finance, to be repaid in 19 quarterly instalments after a moratorium of five quarters from the first disbursement. According to Aditya Birla Finance, Siti Broadband has been defaulting on payments since November 2021.

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NCLAT Fortnightly: Important orders on IBC (September 1, 2023 – September 15, 2023)

The article provides a brief look at important orders passed by the NCLAT under the IBC during the period between September 1 and September 15, 2023.

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