Recent cases where creditors have recovered even more than the admitted amount under the IBC generate hope. Thank the courts ...

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after ...

The Insolvency & Bankruptcy Board of India has proposed that authorities permit registration of properties owned by real ...

In a discussion paper issued on Thursday, IBBI said one of the major proposals is the inclusion of land authorities in ...

The Insolvency and Bankruptcy Board of India (IBBI) released a discussion paper addressing key challenges in real estate insolvency cases under the Insolvency and Bankruptcy Code (IBC). Based on input ...

A few days after the electric flying taxi developer Lilium filed for insolvency, Weilheim Local Court has authorised ...

German air-taxi maker Lilium said on Monday it would file for insolvency "soon", after efforts to solve its cash-crisis failed to yield results.

IBBI proposes including land authorities in CoC meetings to enhance real estate resolution efficiency and transparency under ...

Lilium (LILM) has released an update. Lilium N.V., an aviation company, has filed for insolvency proceedings in Germany as reported to the SEC.

Saudi national carrier Saudia still plans to receive some of its 50-plane order of pilotless electric flying vehicles from Lilium despite the German company’s intention to file for insolvency. “We are ...

Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for ...

The Insolvency and Bankruptcy Board of India (IBBI) has proposed a voluntary mediation mechanism for operational creditors ...