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Resolution professionals can make as much as ₹1.5 lakh a month and are in demand
Economic slowdown leads to job losses, but it there is a job that will thrive during bad times — th…
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
Jet Airways to sell Netherlands biz to KLM
New Delhi, Jan 17 () Bankrupt Jet Airways plans to sell its Netherlands business to KLM Royal Dutch…
PTI
Distributors move NCLT seeking classification as financial, operational creditors
Aircel group had on December 1, 2017 informed Telecom Regulatory Authority (Trai) that it intended …
PTI
Adani and Sunteck Realty show interest in acquiring HDIL
Adani Properties, Sunteck Realty and Suraksha Asset Reconstruction Ltd are among the companies whic…
RCom's lenders are close to resolve the unpaid loans; to recover ₹23,000 crore
"SBI board has approved resolution plan for RCom. It is expected to vote favourably for the RC…
PTI
The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings
RCom owes around 31 creditors - mainly the State Bank of India - around ₹500 billion. The ca…
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
IBBI will ensure regulations are 'grounded on realities', says Sahoo
New Delhi, Dec 8 () Emphasising that the insolvency law provides a new lifeline to save a company f…
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
Jet Airways RP seeks 90 days extension for bids from NCLT
The committee of creditors (CoC) had on February 18 set the new deadline of March 10 for submissio…
PTI
Yes Bank case: Cox & Kings says official premises not raided by ED
"We can confirm that the official premises of the Cox & Kings Ltd were not raided by the ED. Th…
PTI
Videocon Industries posts Rs 6,760 cr loss in FY19
New Delhi, Nov 27 () Videocon Industries, which is facing insolvency proceedings, on Wednesday repo…
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
NCLT warns Jet Airways CoC of contempt proceedings
Mumbai, Jan 8 () The NCLT on Wednesday warned Jet Airways CoC of contempt proceedings if they do no…
PTI
NCLT grants 3 days to Cox & Kings' former directors to submit records
Ratan India had recalled its loan facility as Cox & Kings defaulted on repaying an instalment …
PTI
Kwality insolvency: NCLT directs lenders to consider Haldiram Snacks' revised offer of Rs 145 cr
New Delhi, Nov 15 () The National Company Law Tribunal (NCLT) has directed the lenders of Kwality L…