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Latest Updates on IBC
How NCLT approved Subhash Chandra's ₹6.5 cr payout against ₹22,006 cr claims
Subhash Chandra's repayment plan was backed by creditors holding 80.81 per cent of voting value, despite objections from several banks and institutional lenders
 "How NCLT approved Subhash Chandra's ₹6.5 cr payout against ₹22,006 cr claims")
NCLT lets SpiceJet lessor withdraw IBC plea, imposes ₹15 lakh costs
Tribunal directs SpiceJet and aircraft lessor Aviator ML to pay Rs 7.5 lakh each after they reached a settlement following reservation of the matter for orders
 "NCLT lets SpiceJet lessor withdraw IBC plea, imposes ₹15 lakh costs")
MSMED amendment bill could be an 'IBC moment' for small enterprises: Report
The bankruptcy law (IBC) has helped banks to get rid of bad loans by putting borrowers at the risk of losing control over their companies in case of a default
 "MSMED amendment bill could be an 'IBC moment' for small enterprises: Report")
IBC moratorium shields only corporate debtor, not promoters, directors: SC
Top court says insolvency moratorium cannot be used by promoters, directors or guarantors to stall consumer and other legal proceedings against them
 "IBC moratorium shields only corporate debtor, not promoters, directors: SC")
Best of BS Opinion: State reforms key to improve India's investment climate
From state-level investment reforms and food safety enforcement to next-generation FTAs, corporate living wills and a Tibetan memoir, here are today's top BS Opinion pieces
 "Best of BS Opinion: State reforms key to improve India's investment climate")
MCA plans unified tech platform for India's insolvency framework
The Ministry of Corporate Affairs has sought stakeholder feedback on a proposed integrated digital platform to streamline insolvency processes and improve transparency under the IBC
 "MCA plans unified tech platform for India's insolvency framework")
Best of BS Opinion: India needs to fix its many governance failures
Today's BS Opinion examines the NEET-UG paper leak, the delayed AI171 crash report, creditor rights under the IBC, urban safety failures and a global history of caste
 "Best of BS Opinion: India needs to fix its many governance failures")
India's IBC gives lenders too much power, sidelines operational creditors
A basic principle of game theory separates the power to divide a pie from the power to choose a slice. The IBC collapses the two
 "India's IBC gives lenders too much power, sidelines operational creditors")
NCLT-approved resolution plans under insolvency code decline to 225 in FY26
Resolution plans approved under the Insolvency and Bankruptcy Code declined in FY26, while recoveries against admitted claims dropped sharply, raising concerns over resolution outcomes
 "NCLT-approved resolution plans under insolvency code decline to 225 in FY26")
Best of BS Opinion: IBC@10, consumer 'value logic', Big Tech's feudalism
BS Opinion today examines the Insolvency and Bankruptcy Code at 10, decentralisation challenges, evolving consumer behaviour, and the decline in Big Tech platform quality
 "Best of BS Opinion: IBC@10, consumer 'value logic', Big Tech's feudalism")
Decade on, IBC still has miles to go despite stronger framework
A decade after the IBC transformed India's debt recovery framework, mounting delays and falling recoveries are testing the reform's effectiveness
 "Decade on, IBC still has miles to go despite stronger framework")
Rescue, recovery, and reform: IBC's first decade has changed credit culture
The most visible achievement of the IBC has been the market-led resolution of corporate distress
 "Rescue, recovery, and reform: IBC's first decade has changed credit culture")
IBC@10: Insolvency and bankruptcy code's administration needs improvement
The recent IBC (Amendment) Act, 2026, aims to strengthen the law and improve outcomes
DFS secy holds workshop on overhauled IBC rules for banking sector
Workshop focused on amended IBC provisions, including group insolvency and cross-border resolution frameworks for stressed assets
 "DFS secy holds workshop on overhauled IBC rules for banking sector")
NCLT allows withdrawal of insolvency process against ATS Le Grandiose
In an order dated May 5, the tribunal allowed withdrawal of CIRP following an amicable settlement with lenders under Section 12A of the Insolvency and Bankruptcy Code
 "NCLT allows withdrawal of insolvency process against ATS Le Grandiose")
SC flags 'grim' delays in NCLT clearing insolvency resolution plans
The Supreme Court has taken suo motu cognisance of delays in NCLT approvals, warning that prolonged timelines could undermine the objectives of the Insolvency and Bankruptcy Code
 "SC flags 'grim' delays in NCLT clearing insolvency resolution plans")
Mismatch between IBC and tax law clouds loss carry-forward benefits
A growing mismatch between insolvency and tax laws is raising uncertainty for companies, with tax authorities denying loss carry-forward benefits despite approved resolution plans
 "Mismatch between IBC and tax law clouds loss carry-forward benefits")
Reliance Infratel insolvency: SC court restores lenders' creditor status
Top court rules corporate guarantees qualify as financial debt under IBC, directs reconstitution of creditors' panel in Reliance Infratel insolvency case
 "Reliance Infratel insolvency: SC court restores lenders' creditor status")
SBI moves SC seeking review of spectrum ruling, cites IBC misread
SBI seeks Supreme Court review of spectrum ruling, warning it may undermine lender rights and disrupt financing across telecom and other regulated sectors
 "SBI moves SC seeking review of spectrum ruling, cites IBC misread")
Vedanta challenges Adani's JAL plan, flags flaws in CoC scoring process
Vedanta has challenged Adani Group's JAL resolution plan at NCLAT, alleging flawed and opaque CoC scoring that undermined value maximisation under insolvency rules
 "Vedanta challenges Adani's JAL plan, flags flaws in CoC scoring process")