insolvency

Insolvency is a situation that arises when an organization or individual is no longer capable of meeting its financial obligations with its lender(s) as the debts have become due.

Before a company or an individual declares itself insolvent, it is expected to have an informal arrangement with creditors. This arrangement is done in order to make alternative payment arrangements. Insolvency can arise due to cheating, losses, poor cash management, more of expenses as compared to incomes.

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insolvency News

NCLAT dismisses Vedanta’s pleas against Adani group’s selection for JAL

May 04, 2026, 23:54 (IST)

CBI arresting only ADAG officials and not kingpin: Petitioner in Supreme Court

TNN / May 01, 2026, 04:48 (IST)

A PIL petitioner has informed the Supreme Court that while officials of Anil Dhirubhai Ambani Group (ADAG) companies are being arrested, the main perpetrator in the alleged Rs 40,000 crore loan siphoning case remains untouched. The Solicitor General cited new facts for probe delays.

Staff crunch, infrastructure hit NCLT operations, must be addressed: Supreme Court

TNN / May 02, 2026, 05:48 (IST)

The Supreme Court has taken suo motu action, highlighting severe infrastructure and vacancy issues plaguing the National Company Law Tribunals (NCLT). These deficiencies are causing significant delays in crucial insolvency and bankruptcy cases, potentially undermining the insolvency and Bankruptcy Code's objectives. The court emphasized the urgent need for immediate remedial measures to prevent further frustration of the IBC's purpose.

NCLAT dismisses Vedanta's plea against Adani's Jaiprakash bid

PTI / May 04, 2026, 13:41 (IST)

IDPL land row: Telangana high court orders interim suspension of BIFR order

May 06, 2026, 04:02 (IST)

Orders of constitutional courts binding even beyond territorial limits: HC

TNN / Apr 20, 2026, 06:37 (IST)

NCLT orders insolvency proceedings against Dhoot

TNN / Apr 14, 2026, 07:32 (IST)

Bank fraud case: CBI arrests 2 senior executives of Anil’s Reliance Communications

TNN / Apr 21, 2026, 04:10 (IST)

India's bankruptcy law gets its new overhaul: What the IBC Amendment Act, 2026 changes and why it matters

TIMESOFINDIA.COM / Apr 14, 2026, 19:41 (IST)

What is the quickest way for a spouse to obtain Indian citizenship?

TIMESOFINDIA.COM / Apr 25, 2026, 21:11 (IST)

Every week TOI+ subscribers send in legal questions and our panel of leading experts offers well-considered, practical, and actionable opinions on every query. From property disputes to inheritance matters, divorce queries to income tax issues, My Lawyer connects you directly with experts you can trust

Homebuyers ‘fraud’ case: ED seizes over Rs 6 crore cash in raids on Delhi real estate firm assets

TIMESOFINDIA.COM / Apr 11, 2026, 15:24 (IST)

The Enforcement Directorate seized crores in cash and valuables from a Delhi real estate firm accused of cheating homebuyers. Searches at multiple locations revealed a massive alleged fund diversion, even as the company was under insolvency proceedings. The firm collected over Rs 2,000 crore from thousands of buyers, with projects left incomplete and funds reportedly siphoned off.

CBI books developer, bankers for corruption, cheating homebuyers

Apr 16, 2026, 03:50 (IST)

Piyush Group real estate crisis: 1,500 buyers, unfinished homes, and a maze of land deals

TIMESOFINDIA.COM / Apr 08, 2026, 10:51 (IST)

Thousands of homebuyers in Haryana face years of delay as Piyush Group projects remain unfinished. Allegations suggest buyer funds were diverted for new land acquisitions, with promoters reportedly transferring project assets to family during insolvency. The Enforcement Directorate has filed a chargesheet and attached properties worth Rs 944 crore.

Promoters of defaulting companies may get 2nd chance

TNN / Apr 07, 2026, 08:33 (IST)

Can a spouse claim alimony, property rights after the breakdown of a four-month marriage?

TIMESOFINDIA.COM / Apr 18, 2026, 20:10 (IST)

Every week TOI+ subscribers send in legal questions and our panel of leading experts offer well-considered, practical, and actionable opinion on every query. From property disputes to inheritance matters, divorce queries to income tax issues, My Lawyer connects you directly with experts you can trust