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India jumps 56 spots in global indices for its ability to resolve bankruptcy cases
In 2019, India stood at 77th position in the Ease of Doing Business ranking — and has improved 6…
India amends bankruptcy law to protect winning bidders from paying the price for sins of the previous promoter
The IBC (Second Amendment) Bill, 2019, is likely to be introduced in the current session of the…
PTI
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…
What is a shareholder? Understanding the rights that come with owning stock of a company
When you invest in stocks, you become a shareholder or stockholder. As a shareholder, you hold part…
Melanie Lockert
NCLAT sets asides insolvency proceedings against Flipkart
Challenging the order of NCLT, Flipkart contended that the order was passed without appreciating t…
PTI
Ansal Properties challenges NCLT direction to initiate insolvency proceedings
"The company has filed an appeal against the aforesaid order before NCLAT, which has been partly he…
PTI
NCLAT sets asides insolvency proceedings against Raheja Developers
New Delhi, Jan 26 () Providing a major relief to Raheja Developers, the National Company Law Appell…
PTI
NCLT allows 90 days' extension for Jet Airways insolvency process
The CoC had on February 18 set a new deadline of March 10 for submission of bids for the grounded …
PTI
Work is on to amend IBC to address cross-border insolvency: Sahoo
Mumbai, Nov 30 () Insolvency and Bankruptcy Board of India chairman M S Sahoo on Saturday said work…
PTI
Insolvency to be limited to realty project concerned, not other group projects: NCLAT
"As we find it is very difficult to follow the process as in normal course is followed in a Corpora…
PTI
Jaypee Infra insolvency: Lenders, home buyers approve NBCC's bid
New Delhi, Dec 17 () Jaypee Infratech's financial creditors, including lenders and homebuyers, have…
PTI
Recovery through insolvency process better compared to other options: IBBI chief
Citing an RBI data, he said it indicates that in 2018-19, banks recovered 5.3 per cent, 3.5 per ce…
PTI
Jaypee Infra insolvency: NBCC, Suraksha Realty place final bids
New Delhi, Dec 3 () State-owned NBCC Ltd and Mumbai-based Suraksha Realty on Tuesday submitted thei…
PTI
India badly needs bankruptcy experts — and this course could be your ticket to a hot, new career
India has a huge, emerging sector for helping distressed and bankrupt companies come out of financi…
A group of Sears Holdings’ vendors is pushing for the company to liquidate, arguing they’re being pushed to the brink of insolvency as they wait to be paid back
Shoshy Ciment/Business Insider Some of Sears' vendors are pushing for it to liquidate.
Bethany Biron
Fraudulent transactions of ₹6,182 crore in DHFL unearthed
Accordingly, the Administrator of the Company received an initial report from the professional…
Insolvency law a 'Swachhata drive' against non-performing assets: IBBI chief
"As and when they find a problem, they try to address it as expeditiously as possible. The insolve…
PTI
NCLT approves extension of Jet Airways insolvency resolution period by 90 days
Mumbai, Dec 20 () The National Company Law Tribunal (NCLT) on Friday approved extension of Jet Airw…
PTI
Yes Bank approaches NCLT against Jaypee Healthcare to start insolvency process
New Delhi, Dec 2 () Yes Bank has approached the National Company Law Tribunal (NCLT), Allahabad to …
PTI
Jaypee Infra insolvency: Homebuyers seek further negotiation on NBCC's revised bid
New Delhi, Nov 23 () Homebuyers of Jaypee Infratech want NBCC to acquire the debt-laden firm in an …