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Headlines

Tuesday, March 31 2026

After Months of Protests, Air Calédonie Files for Bankruptcy

National carrier Air Calédonie filed for bankruptcy protection on March 27, 2026, in regional French courts, The Street reported. The flag carrier for the remote French overseas territory of New Caledonia, Air Calédonie has faced…

Tuesday, March 31 2026

India Proposes to Let Financial Creditors Trigger Insolvency Bypassing Tribunal

India has proposed an overhaul of its bankruptcy law, including allowing financial creditors ‌to initiate insolvency proceedings and tightening deadlines, in a bid to speed up resolutions and promote ease of doing business,…

Tuesday, March 31 2026

NCLAT Upholds NCLT Powers, Dismisses BSE Plea on Defreezing Demat Accounts

The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BSE, ruling that insolvency courts have the authority to order the defreezing of Demat accounts of companies undergoing insolvency proceedings…