India’s bankruptcy process under the IBC is plagued by long delays, with cases lingering for years. RBI now proposes tightening timelines by changing key wording: moving from “may” to “shall” for whether authorities admit insolvency applications. An amendment bill incorporating the regulator’s suggestions is expected to be tabled in the upcoming budget session.
Silicon Valley Bank’s sudden collapse is sending shockwaves across global finance, with clients in multiple jurisdictions now asking what legal risks may follow. From contract and creditor questions to regulatory and dispute pathways, the fallout could affect businesses tied to SVB internationally, including India. Legal experts are urging clients to review agreements, claims timelines, and governance obligations as investigations and settlements unfold.
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The IBBI has amended its insolvency regulations to permit the same resolution professional to handle both a distressed firm’s resolution and the bankruptcy proceedings of its personal guarantors. By removing the earlier restriction on dual roles, the watchdog says the move will harmonize timelines, decision-making, and coordination across the two linked processes.
What began as a likely win for Ranjan Pai in the battle over Byju’s assets has escalated into a high-stakes billionaire showdown. Ronnie Screwvala’s sudden entry turns a perceived walkover into a contested fight, with both investors bringing significant education-linked interests. The outcome could reshape control of assets tied to the collapsed ed-tech giant.
Vodafone Idea is weighing whether bankruptcy could be better than continuing with a lifeline that includes a fresh equity issuance to the government. The move would raise state ownership to roughly 49%, reshaping control and future funding prospects as the telecom faces mounting financial stress and investor uncertainty.
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