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2 mins read
NCLT to hear insolvency proceedings plea filed against SpiceJet next week
Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating inso…
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 …
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…
2 mins read
Coronavirus will hit IBC realisations by 30-40% as government suspends new proceedings
The outbreak of Covid-19 pandemic and the suspension of new proceedings under the Insolvency and Ba…
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…
2 mins read
No fresh IBC proceedings till December, says Centre
In a gazette notification, the Ministry of Corporate Affairs (MCA) said that the suspension on o…
2 mins read
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
1 min read
IBC: Govt notifies regulations for personal guarantors to corporate debtors
New Delhi, Nov 20 () The government on Wednesday notified the regulations for personal guarantors t…
PTI
1 min read
IBC saved 160 cos from premature death, says Sahoo
New Delhi, Dec 16 () The Insolvency and Bankruptcy Code (IBC) has saved 160 companies from prematur…
PTI
2 mins read
NCLAT directs ED to file final affidavit in BPSL assets attachment matter
The validity of the attachment could be examined by an adjudicating authority only under the PMLA, …
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
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
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
Doing everything possible to take utmost care of employees says Go First CEO
Go First chief Kaushik Khona has told employees that the airline has been crippled by recurring Pra…
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
1 min read
Srikanth Venkatachari new CFO of Reliance Industries, Alok Agarwal appointed advisor to Mukesh Ambani
Srikanth Venkatachari has been appointed as the new Chief Financial Officer (CFO) of Reliance Indus…
1 min read
Airfares likely to rise as Go First cancellations reduce capacity says travel agents body
No-frills carrier Go First filing for insolvency proceedings and cancelling flights is bad for the …
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…
1 min read
Torrent stalls Reliance Capital resolution process with an interim stay
Legal advisors, AZB & Partners for the administrator and Luthra & Luthra for the COC, ob…
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…