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Sunday, January 18, 2026

Tag: IBC

IBBI Proposes Stricter Disclosure Rules to Prevent Surrogate Bids

New IBBI norms require complete beneficial ownership disclosure from bidders of insolvent companies, targeting promoters using proxies to regain control.

NCLT Orders Insolvency Against Bhilai Jaypee Cement Over Rs 45 Crore

Bhilai Jaypee Cement faces insolvency as NCLT admits creditor plea for unpaid coal supplies. Company board suspended, assets protected under moratorium.