Category: IBC-SEBI

Noting that the issue is the distribution ratio between secured and unsecured creditors, he said one option could be that senior creditors get precedence and

Noting that the issue is the distribution ratio between secured and unsecured creditors, he said one option could be that senior creditors get precedence and

A stalemate in Jaypee Infratech’s insolvency resolution process and the possibility of similar deadlocks in the rescue plans for other bankrupt realtors, where homebuyers form

Our Bureau Rating agency ICRA said on Wednesday it expects financial creditors to realise more than ₹80,000 crore in FY20 from the IBC process, against

At least four credit rating agencies are being probed by the Serious Fraud Investigation Office (SFIO) for their role in rating the debt instruments of

The Mumbai bench on May 7, also had directed the existing RP to file a progress report by May 30 when it will hear the

The MCA also wants a probe as to how Jet suddenly turned in a loss in FY18 after posting a profit for a couple of

At present, IL&FS group companies, with a collective debt of over Rs 90,000 crore, are going through resolution process. The ministry of corporate affairs and

NBCC sought relief from taking consent of YEIDA for any business transfer between JIL and Yamuna Expressway SPV for transfer of assets as well as

During the last financial year, cases resolved under the IBC include Electrosteel Steel, Monnet Ispat Ltd and Amtek Auto Ltd. Banks and financial institutions are

The bankruptcy court has directed interim resolution professionals (IRPs) of Reliance CommunicationsNSE 4.76 % (RCom) and its two units to submit a progress report on the Corporate

Rating agencies are also sometimes cautious in downgrading instruments simply because it becomes ‘self-fulfilling’. Recent events raise questions about the effectiveness of credit rating agencies (CRA) in

All independent directors may have to register as part of a new initiative by the ministry of corporate affairs (MCA), which also plans to introduce

As the probe continues into the IL&FS case, a senior government official has said the group’s auditors have “many questions to answer” prima facie as

The complainant walked out of the Supreme Court inquiry while saying she was not getting a fair shot. Even when it was first announced, an

By Paul Williams  A ‘pre-pack sale’ can be defined as “an arrangement under which the sale of all or part of a company’s business or

Surya Sarathi RayEven as the National Company Law Appellate Tribunal (NCLAT) hears the matter relating to the distribution of upfront payment plan of Rs 42,000