Category: IBC-SEBI

The end-game seems under way at Jet Airways. With various fund-raising efforts coming to naught and its back to the wall, cash-strapped Jet Airways has

NCLT Delhi on January 24 has initiated an corporate insolvency resolution process against Emaar MGF Land. The court has appointed Manoj Kumar Anand as the Insolvency Resolution Professional for

Last week’s Supreme Court judgment upholding the validity of the Insolvency and Bankruptcy Code 2016 (IBC) in its “entirety” could have a major impact on the country’s

The National Company Law Tribunal (NCLT) Tuesday rejected the debt settlement proposal put forth by the shareholders of Essar Steel saying the offer violates Section 12A of

The government has set a March deadline for lenders and resolution professionals (RPs) to resolve nine of the dozen high-value insolvency cases, with Essar SteelNSE 0.00 % and Jaypee InfratechNSE

While the number of insolvency cases are expected to pile up over the next few quarters, timely conclusion of cases within the law mandated 180-270

he SC ruling will prove to be huge for the economy and it will be good for the banking system as it allows them not

Many global funds have pushed for India to resolve its bankruptcy cases faster, but some investors are finding opportunities in the delays. As Indian lenders

When India introduced new bankruptcy resolution rules in 2016, government officials and investors said they expected debt-burdened state-owned banks to clear up some of their

An amendment in the Insolvency and Bankruptcy Code (IBC) last year to insert Section 12A which allowed withdrawal of cases admitted to the National Company

On Friday, a two-judge Bench of the Supreme Court cleared the path for the untrammelled functioning of the Insolvency and Bankruptcy Code (IBC). The IBC was enacted in 2016, replacing a host

The Insolvency and Bankruptcy Code, introduced in May 2016, allows even small creditors to file insolvency petitions against a company that had defaulted on debt.

The Supreme Court verdict upholding the Insolvency and Bankruptcy Code (IBC) in its present form is welcome. While it is not unnatural for new legislation

Given the differences in opinions between NCLT benches, the law has also clarified that late bids will not be entertained. With the Supreme Court upholding

With State Bank of India (SBI) putting its entire loan exposure in Essar Steel — the company involved in one of the largest insolvency cases

National Company Law Tribunal’s (NCLT’s) Kolkata Bench has turned down a prayer from the committee of creditors (CoC) of Adhunik Metaliks to pass an interim order to

The Supreme Court has directed the Centre to set up ‘circuit benches’ for the National Company Law Appellate Tribunal (NCLAT) in the next six months.

The Insolvency and Bankruptcy Board of India (IBBI) has mandated resolution applicants to furnish performance security in corporate insolvency process. This has been stipulated to

The National Company Law Tribunal (NCLT), in a first, has passed orders restraining others from using the brand name and trademarks of a corporate debtor