By Rahul Satija From cloth makers to shipyards, Indian banks are getting stuck with shares of companies that are rapidly losing value even as the
Category: IBC-SEBI
IL&FS case| IL&FS probe: ED registers money laundering case, raids underway in Mumbai, Gurgaon–Economic Times
The Enforcement Directorate (ED) has registered a money laundering case in the matter concerning alleged financial irregularities in Infrastructure Leasing and Financial Services (IL&FS) Ltd. Raids are underway in Mumbai and Gurugram, atleast
Soft on promoters, still | Business Standard Editorials
Jet Airways is selling a majority stake to its lenders for Rs 1, under a complicated arrangement that is on track to be put on
Individual Insolvency Code may soon be a reality – The Economic Times
Failure to repay home loans might drag future defaulters to dedicated bankruptcy courts as New Delhi is seeking to put in place a broad framework
home prices: Homebuyers as financial creditors: Developers’ default risks spike – The Economic Times
Treating home-buyers as financial creditors under the bankruptcy law has increased the default risks for developers with delayed projects, warns a report. Last August, Parliament had passed
Disciplinary Action against IRP / RP–2–Source IBBI website
Order- Mr. Vasudeo Agarwal- 07-01-2019 4.1 Contravention: Mr. Agarwal did not proceed expeditiously even though he knew that the CIRP period was ending on 27th February,
Disciplinary Action against IRP / RP–1–Source IBBI website
Order-dated 28.01.2019- Mr. Sandeep Kumar Kejriwal Contraventions and Findings 4. The DC observes that both the CIRPs are strikingly similar. Both CDs belong to the
NCLAT–Tata Steel V Liberty–04.02.2019
2. The main plea taken by the Appellant is that the Adjudicating Authority cannot provide the numerous opportunities at the belated stage. 5. ‘Tata Steel Limited’
