Category: IBC-SEBI

In a landmark judgment, the Supreme Court has upheld the supremacy of the Committee of Creditors comprising the financial creditors of the bankrupt firms over the distribution

The last 48 hours have been action-packed for the beleaguered Vodafone Idea, the largest telecom operator in India with 375 million subscribers. After threatening to

Potential loan defaulters have started paying up as the Insolvency and Bankruptcy Code (IBC) has instilled the fear of losing their businesses if they cross

“Committee of Creditors of Reliance Communications has extended deadline to submit bids by 10 days. The bids will now be opened on November 25,” the

The government amended the Insolvency and Bankruptcy Code in an attempt to speed up the corporate insolvency resolution process by setting a limit of 330

Aviva Life Insurance has become the first financial company to be admitted into Insolvency and Bankruptcy Code (IBC) proceedings after the National Company Law Tribunal (NCLT) upheld a landlord’s claim

By Tanvi Loond Every business entity has a principal place of business which defines the identity of the entity and its place of domicile. In

Lenders to Dewan Housing Finance Corp (DHFL) have filed an intervention petition at Bombay High Court, to be part of the main petition filed by

The Insolvency and Bankruptcy Code has a provision for resolution of financial service providers and there is a thinking that such a solution could be looked at

The National Company Law Tribunal (NCLT) has directed to initiate insolvency proceedings against Delhi-based real estate firm AVP Buildtech Ltd by admitting a plea of

Lenders of Kwality Ltd have rejected the Rs 142 crore bid of Delhi-based Haldiram Snacks, which emerged as the sole bidder to acquire the debt-ridden

More than 75,000 homebuyers of Amrapali, Jaypee InfratechNSE 3.70 % and UnitechNSE 8.33 % in the National Capital Region are unlikely to be eligible for support from the Rs 25,000

The fate of 1,100 employees of infrastructure firm IVRCL is hanging in balance as the company under the liquidation process is struggling to find a

By Ellen Milligan and Jonathan Browning Three Chinese banks are suing the brother of Asia’s richest man in a London court for failing to pay