Category: IBC-SEBI

India’s central bank has asked lenders of Infrastructure Leasing and Financial Services Ltd (IL&FS) to classify loans extended to the bankrupt shadow banking firm as

The Supreme Court on Tuesday asked the Centre to detail the composition of the Insolvency Law Committee set up to identify and suggest ways to address issues

The National Company Law Appellate Tribunal (NCLAT) has asked if UK-based Liberty House is willing to go ahead with its resolution plan for the debt-ridden Amtek Auto in which

The jury is still out on Section 74 of the Insolvency and Bankruptcy Code (IBC), which details provisions for punishment of company officials who breach

The Mumbai Bench of the National Company Law Tribunal (NCLT) has observed that rejection of a resolution plan on technicalities, without going into its merits,

Debt-laden Jet Airways India Ltd. is trying to renegotiate contracts with its vendors as lenders demand a revival plan by month-end from India’s second-largest airline

The Supreme Court Monday asked Reliance CommunicationsNSE -0.71 % Ltd (RCom) and Reliance Jio to take a decision by January 11 over the settlement of past dues to DoT, which is yet

The 2009-financial fraud at Satyam had put the spotlight on the role of independent directors in the company’s board like never before. The Satyam board

B Ramalinga Raju: Former chairman and founder, Satyam Computer Services The eldest of four siblings in a farming family, B Ramalinga Raju’s tryst with business

Ten years after the financial scam at Satyam Computer Services, audit fraternity says it is still tough to detect fraud perpetrated by the management in

A string of regulatory changes since the Satyam scandal a decade ago has made the framework for handling such issues far stronger. But, structural issues

Unlike earlier, IBC does not allow promoters to run the show without paying their debts — provided the loopholes are plugged One of my friends,

Even if the airline goes into bankruptcy, the Centre should allow due process to unfold The beleaguered Jet Airways’ woes got much worse last week,

Corporate affairs secretary Injeti Srinivas said the ministry would be doing the KYC process for companies, which would be a major step wherein the MCA21

The committee has made a case for more incentives and a better remuneration package for senior management of PSBs to reduce the wide gap in

The Mumbai bench of the National Company Law Tribunal (NCLT) has accepted a bid by an unregistered union of the premium apparel brand Reid &

Both the telecom firms, RCom and Reliance Jio had reportedly approached telecom ministry on Friday for clarity on its stand on the spectrum deal. RCom’s

A two-member NCLAT bench, headed by chairman Justice S J Mukhopadhaya, asked the NCLT bench to take an early decision in the matter as per