Thursday, May 15, 2025

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IBC

‘Dangerous precedent, dangerous delay’: HNG Workers Union accuse CCI and AGI Greenpac of derailing SC-backed insolvency process, writes to FM

The HNG Workers' Union has written to Finance Minister Nirmala Sitharaman expressing concern about delayed IBC process

SC reaffirms mandatory CCI approval in insolvency cases: Former SC Judge Justice AK Sikri strongly concurs with the landmark HNG judgement

In the HNGIL Insolvency case, the Supreme Court reaffirmed mandatory CCI approval in all IBC cases - a landmark judgement

CCI and AGI Greenpac used extreme examples to manufacture timeline conflict in IBC proceedings? What Supreme Court said in HNG case

SC has called into question the tactics used by the CCI and AGI Greenpac in a high-profile HNGIL insolvency case

FIR against Resolution Professional Girish Juneja in Hindustan Glass case: How OpIndia had exposed malpractice in the longest running IBC case

Nashik Court ordered MIDC Sinnar Police Station to lodge FIR against Resolution Professional Girish Juneja in HNG or HNGIL case

HNG, longest running IBC case: CoC lead by SBI making Rs 850 crores losses due to delay, workers threaten suicide – Is Resolution Professional...

SBI led CoC is making a loss of over Rs 35 crores per day due to the delay in the HNG IBC process - is the Resolution Professional to be blamed

Edelweiss round-tripping money? RBI order against the financial giant scathing in how it’s using group entities to circumvent IBC regulations: A case study 

The Reserve Bank of India on the 29th of May 2024 ordered Edelweiss Asset Reconstruction Company Limited (EARCL) to cease and desist from the acquisition of financial assets

Tipping the scale: How statutory body meant to thwart monopolies may be flouting regulatory norms, defeating purpose of Insolvency Laws

To understand how CCI may be flouting the law in the process of IBC, we will analyse the Hindustan National Glass (HNG) case

How private financial companies are rigging the system meant to recover bad loans and loopholes that must be plugged in insolvency law: A case...

Insolvency proceedings against HNG expose loopholes in IBC with INSCO and AGI Greenpac mired in a legal battle

Modi govt’s Insolvency and Bankruptcy Code is constitutionally valid: Supreme Court rejects petitions challenging the code by Anil Ambani and others

Supreme Court rejected petitions challenging the Insolvency and Bankruptcy Code and said that it is constitutionally valid

Read how Congress sheltered bankrupt companies, while NDA recovered Rs. 80,000 crores from just 66 resolution cases

In 66 resolution cases, the realization by creditors was around Rs. 80,000 crores.

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