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BJP members chant “Jai Shri Ram”, tear documents in Jammu and Kashmir Assembly over special status resolution

The resolution was moved to initiate discussions between the central government and elected represe…

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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   


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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   


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Reliance Capital resolution process completion deadline extended to July 16

NCLT Mumbai has extended Reliance Capital's resolution process deadline by 90 days to July 16. The …

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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   


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Torrent stalls Reliance Capital resolution process with an interim stay

Legal advisors, AZB & Partners for the administrator and Luthra & Luthra for the COC, ob…

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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…

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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 …

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As Supertech goes bankrupt, these are the options home buyers have

Noida-based real-estate firm Supertech Limited was declared bankrupt by the National Company Law Tr…

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NCLAT approves resolution plan for Odisha Slurry Pipeline Infra

Earlier, the Ld Adjudicating Authority, Cuttack on March 2, 2020, approved the resolution plan…

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These 24 House Republicans voted for the failed resolution to kick George Santos out of Congress

In a surprise twist, 46 House Democrats voted "present" or against the New York Republican's expuls…

Bryan Metzger   


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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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These 11 senators supported Bernie Sanders's resolution to force a State Department report on Israeli human rights violations in Gaza

While the effort failed, it's an indicator of where senators stand on Israel's military campaign in…

Bryan Metzger   


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Just 2 House members did not vote in favor of a resolution affirming Israel's right to exist

"It seems like we vote on some form of this resolution every single week," said Rep. Jamaal Bowman.…

Bryan Metzger   


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Go First resolution professional invites EoIs for the grounded airline

The Resolution Professional (RP) of Go First has invited Expressions of Interest (EoI) for the bank…

PTI   


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These 125 Democrats voted against a resolution declaring that the presidents of Harvard and MIT should resign after recent antisemitism testimony

The resolution comes a week after Rep. Elise Stefanik's viral questioning of university presidents …

Bryan Metzger   


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Torrent stalls Rcap resolution, COC approves 90-days extension to complete resolution

The Committee of Creditors (COC) of Reliance Capital has approved the extension of 90 days (from Ja…

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NCLT admits Go First's plea to initiate insolvency resolution

The National Company Law Tribunal (NCLT) on Wednesday admitted Go First's voluntary plea to initiat…

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Neck deep in debt? Here’s how some companies are helping habitual borrowers consolidate their loans

There were creditors coming home and harassing him. That’s when he came across the contact of a …

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NCLT approves ₹1,814 crore resolution plan for Lavasa: Darwin Platform winning bidder

In a 25-page order passed on Friday, the tribunal cleared the resolution plan at an investment o…

PTI