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1 min read
NCLT extends deadline for Go First's insolvency for another 60 days
The National Company Law Tribunal on Tuesday extended the deadline for another 60 days to complete …
PTI
2 mins read
CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel
Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…
4 mins read
OPINION: How to make India’s bankruptcy resolution process faster and more efficient
However, as with all new regulations, the law takes its time to settle. Having said that there a…
1 min read
Total 283 companies declared themselves as bankrupt amid pandemic after nationwide lockdown, reveals NCLT
National Company Law Tribunals (NCLT) across the country admitted a total of 283 companies into ins…
1 min read
Nearly 60pc cases admitted into CIRP still under resolution process: Report
"Of the total 3,774 cases admitted into CIRP (Corporate Insolvency Resolution Process) at the end …
PTI
1 min read
NCLAT judge recuses from hearing Raveendran's plea against insolvency proceedings of Byju
Raveendran had filed a petition challenging the initiation of insolvency proceedings against Think …
PTI
2 mins read
Future Retail heads for liquidation as lenders fail to get suitable buyer
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidat…
PTI
2 mins read
Real estate sector weighs on IBC but accounts for 18% of total realisations
The real estate sector has accounted for a significant portion of the total realisations under the …
2 mins read
NCLT grants 90 days extension to Future Retail for concluding insolvency
The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate I…
PTI
2 mins read
Future Lifestyle Insolvency: RP receives claims of ₹2,155.53 cr from financial creditors
As per the provision of the Insolvency & Bankruptcy Code, a Committee of Creditors (CoC) of FLFL ha…
PTI
2 mins read
Jet Airways' air operator certificate renewed by DGCA till September 3
The Jalan-Kalrock Consortium, which is the resolution applicant for the cash-strapped Jet Airways, …
2 mins read
Creditors take a haircut of 70% in insolvency cases: CareEdge report
The CareEdge report has found that the cumulative recovery rate has been on a downtrend, decreasing…
2 mins read
Amazon's Prime membership program stopped growing in the US for the first time ever
The new estimates from Consumer Intelligence Research Partners are another sign of deceleration acr…
Eugene Kim
3 mins read
Financial creditors forego Rs 790.626 cr under insolvency resolution process: CARE Ratings
With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing…
3 mins read
Future Retail insolvency process: 48 cos selected as eligible prospective bidders
As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani Group, are on the fi…
PTI
2 mins read
GAIL's Q1 profit dives 51.5%; board approves Rs 11,256 cr revised cost for Usar petchem plant
Margin decline led to the firm booking a pre-tax loss of Rs 301 crore in the petrochemical busi…
PTI
1 min read
NCLAT upholds NCLT order allowing Go First's voluntary insolvency proceedings
The National Company Law Appellate Tribunal (NCLAT) has upheld an NCLT order allowing Go First's vo…
PTI
2 mins read
DGCA approves Go First's resumption of operations on specific conditions
India's civil aviation regulator, the Directorate General of Civil Aviation (DGCA) has granted appr…
2 mins read
National Company Law Appellate Tribunal to hear Go First lessors' plea today
NCLAT on Friday deferred the matter pertaining to Go First lessors' petition seeking a stay on a ba…
ANI
2 mins read
Go First seeks NCLT directions to restrain lessors, regulator from taking any action
Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal, i…