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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
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
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
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
1 min read
Amazon touts 'even faster' deliveries made to customers 'within hours'
The e-commerce giant is betting on speedy deliveries to customers around big cities like Los Angele…