Mudra loan Faced with a crisis of jobs, Prime Minister Narendra Modi and his government continue to talk up Mudra loans and claim that it
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India’s shadow banks dread builder bankruptcies – The Economic Times
By Andy Mukherjee Just a year ago, India’s third-largest mortgage lender was bragging about how it had shrunk its financing costs by replacing bank loans
Essel expects to raise over ₹20,000 crore from infra asset sale – The Hindu BusinessLine
In talks with suitors to sell solar, road assets Subhash Chandra’s Essel Group expects to raise over ₹20,000 crore by selling its infrastructure business, comprising
bad loans: Banks yet to tag Rs 3.5 lakh crore stressed corporate loans as NPAs: Report – The Economic Times
Around Rs 3.5 lakh crore or 3.9 percent of the stressed corporate loans continue to remain unrecognised on the books of banks and nearly 40 percent of
Banks may have to shell out another up to $5.6 billion for bad debt – India Ratings – The Financial Express
The Indian banking sector has been under massive stress in the last few years as lenders have struggled with about 0 billion of bad loans
Insolvency and Bankruptcy Code: Govt submits resolution plan for IL&FS, suggests name of Justice D K Jain to supervise process – The Economic Times
The government Monday submitted the debt resolution plan for crisis-hit IL&FS to the NCLAT and also suggested the name of retired Supreme Court judge Justice D K Jain to
NCLAT asks govt for list of IL&FS firms categorised by financial position | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Monday directed the central government to submit a list of subsidiaries of the Infrastructure Leasing & Financial
Zee group’s Subhash Chandra gives personal guarantee to mutual funds | Business Standard News
Lenders have driven a hard bargain with Subhash Chandra, asking the Zee group chairman to provide a personal guarantee for payment obligations on an “irrevocable and unconditional”
Setback for Tata Steel as NCLAT upholds creditors decision on Bhushan Power | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the Committee of Creditors’ (CoC) decision to approve JSW Steel Limited’s resolution plan for Bhushan
Ruia, Essar Steel directors move NCLT to quash ArcelorMittal’s takeover bid | Business Standard News
In an attempt to get back into the Essar Steel game, Essar Group director Prashant Ruia has moved a fresh application before the National Company Law Tribunal (NCLT) Ahmedabad
Ericsson to move Supreme Court to seek seizure of Anil Ambani assets – The Economic Times
Ericsson is set to file an application in the Supreme Court, pleading that all personal assets of Reliance CommunicationsNSE -1.28 % (RCom) chairman Anil Ambani be seized for breaching the top
RCom says NCLT debt resolution proposal to be similar to earlier plans | Business Standard News
Anil Ambani-led Reliance Communications (RCom), which on Friday said it would be filing for bankruptcy in the National Company Law Tribunal (NCLT) after the telco
From Rel Insurance to pay for loss to IBC process, here’re key court orders | Business Standard Column
Secured creditor can choose remedy The Supreme Court ruled last week that a secured creditor has a right to file a winding-up petition even after it obtained
Lenders get Chandra, Ambani and Goyal to move faster on debt pile – The Hindu BusinessLine
With bankers unwilling to relent, corporates with huge pile of debt are moving fast to ensure that they do not lose control of their companies.
[ दिवाळखोरी सनद ] धोरणसंदिग्धता | Loksatta
मोदी सरकारच्या काळात दिवाळखोरीची सनद तयार केली गेली, ही अर्थक्षेत्रातील अत्यंत महत्त्वाची घटना. पाच वर्षांतील सहावा अर्थसंकल्प नरेंद्र मोदी सरकार मांडत होते त्या दिवशी अन्य
Insolvency and Bankruptcy Board of India | Home
via Insolvency and Bankruptcy Board of India | Home
Now, Reliance Industries knocks on NCLT’s door for share in Essar Steel pie | Business Standard News
Mukesh Ambani-led Reliance Industries (RIL) has joined other operational creditors knocking on the doors of the National Company Law Tribunal (NCLT), seeking dues in the
Anil Ambani can’t find a fix for RCom, files for bankruptcy – The Economic Times
RCom, controlled by businessman Anil Ambani, owed banks $7 billion as of March 2017 when it last made public its debt level, and more to
Hindrance to resolution professional’s work will amount to Contempt of Court – The Economic Times
The Police Commissioner, Ahmedabad, has been directed to provide police assistance to the RP. India’s insolvency courts are stepping in to provide a judicial shield
SBI: Madam, don’t send us to court, firms tell biggest India bank – The Economic Times
By Saloni Shukla and P R Sanjai With 1.8 trillion rupees ($25 billion) in bad corporate debt to clean up, State Bank of IndiaNSE 2.16 % is having an
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