Category: IBC-SEBI

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

The National Company Law Appellate Tribunal has erred in setting aside a lower court’s order to liquidate debt-ridden Sterling Biotech, allowing its promoters to take

The role of the RBI as well as the government will become key as the nature of India’s NPA problem has undergone a change over

Several companies in administration have dragged the indirect tax department to court over the Goods and Services Tax (GST) software, which they say doesn’t give them the

Debt-ridden telecom firm Reliance CommunicationsNSE -5.88 % on Wednesday said its subsidiary GCX filed for bankruptcy protection in the US without any prior consent of the company. The B2B

The government has prepared a draft bill proposing major amendments in the Employees’ Provident Fund (EPF) and Employees’ Pension Scheme (EPS). As per the draft bill, EPF members will

Global Cloud Xchange (GCX), subsidiary of Reliance CommunicationsNSE -5.88 % (RCom), has filed for bankruptcy protection in a US court, after missing payments on $350 million of 7%

The National Company Law Tribunal has allowed Axis BankNSE 6.60 % to start bankruptcy proceedings against Lanco Amarkantak Power after it defaulted on a .`960 crore loan, court documents

Gautam Thapar, ousted chairman of CG Power, has sought reelection to the board at the annual general meeting (AGM). His term as director comes to an

Global Cloud Xchange (GCX), a subsidiary of Reliance CommunicationsNSE -5.88 % (RCom), has filed for bankruptcy protection in a US court after missing payments on its $350 million

JSW Steel on Friday approached the NCLAT to seek protection from the ongoing investigation in money laundering cases against former promoters of Bhushan Power &

An insolvency professional has complained to State Bank of IndiaNSE 10.09 % (SBI) about the selection criteria it is using to appoint resolution professionals (RPs) for companies undergoing bankruptcy. The insolvency professional, Shyam

The goods and services tax (GST) regime and the Insolvency and Bankruptcy Code (IBC) are locked in a seemingly intractable impasse, entangling companies undergoing resolution. Some are planning to take

The government has notified the Insolvency and Bankruptcy Code (Amendment) Act, 2019, under which a deadline of 330 days has been set for completion of corporate insolvency resolution

The Central Board of Indirect Taxes and Customs approached the National Company Law Tribunal (NCLT) on Tuesday, to register a claim of Rs 4.6 crore

The NCLT has initiated insolvency proceedings against NCR-based real estate firm Raheja Developers after admitting a plea filed by one of its flat buyers. A two-member Principal

The delay in the resolution of bankruptcy cases is getting worst every quarter, data from the Insolvency and Bankruptcy Board of India (IBBI) shows. As