While holding by a 2:1 majority that the proviso to Section 31(4) of the Insolvency and Bankruptcy Code is mandatory in ...

CCI expeditiously clears insolvency-related mergers, reducing delays post-Supreme Court ruling, ensuring efficiency in ...

However, the Supreme Court's ruling now dictates that if the plan involves substantial market changes-such as mergers or acquisitions-the CCI's approval is essential before the CoC can consider the ...

The Supreme Court on January 29, by 2:1 majority, observed that a resolution plan under the Insolvency and Bankruptcy Code, ...

SC rules 2:1 that CCI approval for insolvency resolution plans involving mergers must be obtained before CoC approval, ...

Landmark Supreme Court ruling mandates CCI approval for insolvency Resolution Plans involving mergers or acquisitions, emphasizing fair competition.

In the short term, markets are expected to remain volatile, driven by news flow, liquidity, economic outlook, and ...

The GIFT Nifty is trading flat, indicating a muted start for the day. US stocks ended lower on Wednesday, but off their lows ...

The Supreme Court on Wednesday, by a majority of 2:1, set aside the approval granted to AGI Greenpac’s resolution plan for ailing Hindustan National Glass and Industries Ltd (HNGIL), citing ...

The Supreme Court nullified AGI Greenpac's resolution plan for Hindustan National Glass and Industries Ltd, citing non-compliance with mandatory provisions. The ruling emphasized the necessity of ...

The European Commission unveiled a proposal for its 16th package of sanctions against Russia, targeting the nation's primary ...

The Supreme Court nullified AGI Greenpac Ltd's resolution plan for acquiring Hindustan National Glass due to lack of prior ...