Category: IBC-SEBI

The government plans to amend the Insolvency and Bankruptcy Code (IBC) to provide immunity to companies taking over stressed assets from prosecution for financial crimes

Reliance Communications said on Sunday lenders have rejected the resignations of chairman Anil Ambani and four other directors and asked them to cooperate in the ongoing

Come December 1, the Regulations for Insolvency Resolution and Bankruptcy Proceedings of Personal Guarantors will come into effect. The rules state that proceedings against a

The Committee of Creditors (CoC) of Reliance Communications (RCom) has rejected the resignations of the company’s directors and asked them to continue in their job until the

Having asked for a 10-day extension from a Resolution Professional, Mukesh Ambani’s Reliance group is expected to make a bid for his brother Anil Ambani’s Reliance Communications (RCom) and

The Ministry of Corporate Affairs (MCA) wants fraud-hit CG Power and Industrial Solutions to restate accounts of the past five fiscal years reflecting the actual financial position of the

The Enforcement Directorate (ED) today told a local Court that it is probing a bank fraud running into Rs 47,000 crores allegedly committed by Sanjay

After superseding the board of the crippled mortgage lender DHFLNSE 4.96 %, the Reserve Bank on Friday constituted a three-member panel to advise its administrator to

By Suvashree Ghosh India’s surprise seizure of a troubled Indian shadow bank won’t end the woes of its lenders, faced with the risk of heavy

More than two years ago, the Reserve Bank of India ordered local banks to take Essar Steel and 11 other borrowers to ‘trials’ under a

Crippled mortgage lender DHFLNSE 4.96 %, whose management has been taken over by the RBI, on Friday informed stock exchanges that it will not be able to