Priyanka Gawande

In cases such as Byju's, Future Retail, Smaash and Go First, RPs have found themselves under fire from lenders. Charges vary from wrongful classification of creditors and collusion with previous managements, to mismanagement of daily affairs.

Asset Reconstruction Company (India) Ltd, one of the creditors, had filed a petition alleging certain other creditors had unlawfully withdrawn funds from Siti while a stay on the insolvency proceedings was in effect.

Group leaders leaving to work for rival firms, taking whole teams with them, has become common at law firms.

The tribunal ruled that insolvency proceedings could not be initiated against Karvy as stockbrokers fall under the category of financial service providers

Quantum Mutual Fund told the NCLAT on Monday that Sebi allowed ICICI Bank to delist its financial broking arm even though the two companies were not in the same line of business, as required under the rules.

The stay is subject to Anil Ambani depositing 50% of the amount within four weeks.

The Centre has proposed the idea of voluntary group insolvency, a process where a group of related companies, often within the same corporate structure, voluntarily enters insolvency proceedings.

NCLT's 27 February order allowed IndusInd International Holdings—the Hinduja Group's bidding entity—to use the brand for three years as part of the approved resolution plan.

As the 50th Chief Justice of India, Dhananjay Yeshwant Chandrachud leaves a mixed legacy. Though lauded for progressive rulings on social rights, critics argue his performance fell short of expectations, citing administrative issues and gaps in civil liberties protection.

New Delhi, Nov. 4 -- In 2000, Danny, a 38-year-old lawyer, confronted then Chief Justice Y.K.