Category: IBC-SEBI

The National Company Law Tribunal (NCLT) has allowed the former directors of the crippled IL&FS Group to withdraw Rs 2 lakh each per month from one of

Kumar made a case for other tweaks to enhance the efficiency of IBC, including penalties against non-serious bidders and overseers for the liquidation process. The

The National Company Law Tribunal, Mumbai, has slapped a cost of ₹10 lakh on Tata Chemicals for filing a petition fraudulently and with malicious intent

The Mumbai bench of the National Company Law Tribunal (NCLT) has made damning observations on Edelweiss ARC and Ernst & Young while ordering the liquidation

Government-owned Bharat Heavy Enterprises Limited (BHEL) has moved the National Company Law Appellate Tribunal (NCLAT) challenging the decision of the Committee of Creditors (CoC) of Monnet

Section 29 (A) of the IBC, deals with related-party provisioning and aims to prevent defaulting promoters from taking back their companies. Corporate affairs secretary Injeti

The two forensic auditors told the apex court that they have issued notices to 655 people on whose names ‘benami’ flats were booked but no

Section 29 (A) of the IBC deals with related-party provisioning and aims to prevent defaulting promoters from taking back their companies. State Bank of India’s

Unable to service bonds and hauled to the NCLT, company announces global downsizing A ₹2,500-crore deal to divest the products and solutions business that failed

SBI puts out auction notice for sale of Essar Steel loan of Rs 15,431 crore Raising doubts over the early resolution of Essar Steel insolvency case, State

More than 850 employees to lose their jobs, lenders to lose much of ₹11,373 cr An insolvency court in Mumbai has ordered the liquidation of

Insolvency professionals, barring a small group of seasoned people, are often blamed for their inefficiencies to deal with the intricacies of cases involving thousands of

In the wake of the IL&FS crisis, there is a need to review the role of rating agencies as they continued to rate the NBFC

India’s largest private full-service airline, Jet Airways, is struggling under the burden of its debt. It owes a consortium of banks and other lenders Rs

JSW Steel, which came from behind to surge ahead of the Tatas in the race for Bhushan Power and Steel Ltd (BPSL) with an offer of Rs

The Companies (Amendment) Ordinance, 2019, was issued on Saturday, according to the official gazette. The government has re-promulgated an ordinance to amend the companies law

Bankers are worried that the corporate insolvency resolution process (CIRP) could turn chaotic and face delays as the Insolvency and Bankruptcy Board of India (IBBI)

The National Company Law Appellate Tribunal (NCLAT) Friday suggested that all further proceedings for transfer of assets of crisis-hit Infrastructure Leasing and Financial Services Ltd