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You Searched For "Insolvency cases" and got 12 results


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3 mins read

Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention

The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…

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Supreme Court agrees to list plea related to insolvency proceedings against ed-tech firm Byju's

Kaul said, "The only funding was done by the promoters and today no one has brought any external…

PTI   


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SC to hear plea related to insolvency proceedings against ed-tech firm Byju's on Sept 17

The Supreme Court will hear on September 17 the appeal of US-based creditor Glas Trust Company LLC …

PTI   


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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…

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Govt to amend insolvency law to reduce time taken for resolution process

The corporate affairs ministry's move to amend the law also comes against the backdrop of conce…

PTI   


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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…

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Supreme Court reserves order on recovery of AGR dues from insolvent telecom companies

A bench headed by Justice Arun Mishra is likely to pronounce the judgment on three counts: Stagg…

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India puts a pause on new bankruptcy cases for a year ⁠— and other changes that will cap the rise in bad loans

"Any indebted situation that comes up because of coronavirus will not be considered as ‘default’ an…

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1 min read

Aviva Life settles insolvency case in NCLT

New Delhi, Nov 27 ()

Aviva Life Insurance on Wednesday said the insolvency case filed against th…

PTI   


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EXCLUSIVE: New amendment to bankruptcy law has Prashant Ruia’s personal guarantee on its radar

India’s Finance Ministry is sitting on a new amendment to the bankruptcy law. That might be a big…

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“Nowhere in the world do bankruptcy cases have a 330-day deadline,” says bankruptcy board chief MS Sahoo

The Supreme Court on November 15 allowed the bankruptcy courts are free to relax the 330-day deadli…

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6 mins read

EXCLUSIVE: India’s bankruptcy board Chairman explains the evolution of the country's insolvency laws

India’s new bankruptcy law is providing what the country now needs - a way for creditors to gain wh…