Thursday, June 11, 2026

Daily Informer

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Daily Informer

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Corporate Insolvency Resolution Process

NCLT admits insolvency plea by 176 homebuyers over delayed handover | Gurgaon News

Daily Informer03 mins

The order marks a significant development in the long-running disputes involving Raheja Developers and homebuyers across multiple projects in the city Gurgaon: The principal bench of National Company Law Tribunal (NCLT) has admitted an insolvency petition filed by 176 homebuyers of Raheja Developers’ Revanta project in Sector 78 after finding a prima facie case of…

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5 ways IBC transformed India’s corporate rescue system over the past decade

Daily Informer010 mins

AI generated representative image Ten years ago, India’s insolvency landscape was defined by stalled projects, endless litigation, weak recoveries and mounting bad loans. Companies remained trapped in legal limbo for years, banks struggled to recover dues, and distressed assets steadily lost value as cases moved through multiple forums.The Insolvency and Bankruptcy Code (IBC), enacted in…

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