Month: September 2019

The government’s move to amend the Insolvency and Bankruptcy Code (IBC) was largely to clear its legislative intent and not to encroach on the Supreme

The Rajya Sabha on Monday approved amending the three-year-old Insolvency and Bankruptcy Code (IBC), providing clarity about preference to secured lenders over operational creditors and giving lenders

More than 500 corporate insolvency cases will have less than three months to complete their resolution or face the prospect of liquidating firms as soon

Four companies have shown interest in reviving Empee Distilleries, which is currently under Corporate Insolvency Resolution Process (CIRP) for not paying over Rs 300 crore dues to

The SFIO contended the NCLT does not have the jurisdiction to direct an investigation into the affairs under the provisions of the Companies Act. The

In its order, the NCLT, however, accepted the fact that there was a default and debts are payable by Rohit Ferro to the state-run lender.

NCLAT was hearing a petition filed by the Dutch Court Administrator against the order of the Mumbai bench of the National Company Law Tribunal (NCLT),

The CBI had on April 5 registered an FIR against the erstwhile directors and the debt-ridden firm for alleged siphoning of thousands of crores of

The National Company Law Appellate Tribunal (NCLAT) rejected the submissions of that Section 30 (2) (b) (ii) of IBC, which allows to treat dissenting financial

The two-member NCLAT bench, headed by its chairperson justice S J Mukhopadhaya, has scheduled the matter for hearing on September 16. JSW Steel on Friday

LAPL, one of the coal-fired thermal subsidiaries of debt-laden Lanco Infratech, is located in Chhattisgarh and has an operational capacity of 600 MW. The Hyderabad