You Searched For "debt recovery tribunals" and got 20 results
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2 mins read
NCLAT directs NHAI not to terminate concession agreement of IL&FS group entity
, The National Company Law Appellate Tribunal has directed the National Highways Authority of India…
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…
1 min read
UK court allows Indian banks to collect claims worth $1.55 billion from tycoon Vijay Mallya
The prosecution, which was representing the banks, successfully argued that Mallya “willfully …
2 mins read
Here’s what the NaMo government is planning under its ‘Digital India’ initiative
A senior government official, requesting anonymity, said, "We will list all such properties where t…
3 mins read
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
2 mins read
Indian banks are recovering over 1.5 times as much money under the bankruptcy code — but it's still painfully slow
It’s been three years since the Insolvency and Bankruptcy Code (IBC) was implemented, and while…
4 mins read
SEBI wants to tag defaulters as "difficult to recover" where recovery is virtually impossible
Capital market regulator SEBI is planning to attach a 'difficult to recover' tag for individual d…
PTI
2 mins read
Here's how the government’s new debt relief scheme for small business owners will work
Individuals with an annual income of ₹60,000 or less and assets worth up to ₹20,000 are elig…
3 mins read
A stressed power sector is threatening India’s economy, but its banks have a solution
After a rescue plan for stressed power assets involving a joint venture by state-owned firms like N…
3 mins read
IL&FS seeks extension of bid validity for 5 road projects facing Rs 10,500-cr debt
Out of the five road projects, Cube Highways has emerged as the highest bidder with Rs 3,900 crore…
PTI
1 min read
Vijay Mallya - the escapee who didn't escape, apparently
Now they're trying to get him to return. #GharWapsi with a twist, eh?
2 mins read
Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins
Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…
PTI
2 mins read
Nirav Modi's solar power plant up for auction to salvage PNB dues
The Debt Recovery Tribunal-I here has put up a solar power plant belonging to a group entity of the…
1 min read
Bombay HC frowns at PNB for inaction on diamantaire Nirav Modi's loan frauds
The Bombay High Court has pulled up the Punjab National Bank (PNB) for not taking steps to recover …
3 mins read
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
2 mins read
Loans worth ₹10,09,511 crores written off in last five financial years: Sitharaman
Scheduled commercial banks have written off loans amounting to Rs 10,09,511 crore in the last five …
PTI
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…
PTI
2 mins read
Fugitive diamantaire Nirav Modi's Pune flats remain unsold, to go for re-auction at slashed rates
The February 3 auction of two prime properties in Pune worth around Rs 18 crore - belonging to absc…
2 mins read
Mallya now appeals to overturn London High Court's bankruptcy order
Embattled businessman Vijay Mallya, who is based in Britain for over five years, is pursuing appeal…