Category: Legal

While there have been concerns regarding the timeline of 270 days, what cannot be lost sight of is the fact that the IBC is a

State Bank of India chief has hailed the recent Reserve Bank of India (RBI) directive on bad loans stating that it will prompt state and

Highlights Over 2,100 companies have cleared their outstanding amounts, a majority of which came after the government amended the IBC The IBC rules barred promoters

Top global players have submitted bids to acquire debt-laden Essar Steel. A decision on the bankrupt Essar Steel was pushed back further on Tuesday, as

The next meeting of the CoC is expected to be either on Wednesday or Thursday. While the National Company Law Appellate Tribunal (NCLAT) on Tuesday

Less than week after sealing the deal to acquire Bhushan Steel, Tata Steel has received a notice from the National Company Law Appellate Tribunal on

Tata Steel last week announced that it had completed the acquisition of Bhushan Steel, a company which had the dubious record of being one of

Good news has finally started to roll out of the refurbished bankruptcy courts. Tata Steel acquired 73% stake in the bankrupt firm Bhushan Steel for

Asserting that the insolvency law has brought in behavioural changes among stakeholders, IBBI chief M S Sahoo has said the best use of the Insolvency and Bankruptcy Code would be in

Tata Steel  has formally taken control of Bhushan Steel , settling about Rs 35,200 crore, or nearly two-thirds, of the loans the bankrupt steelmaker owed to lenders and

The Committee of Creditors (CoC) of Binani Cement on Friday asked Dalmia Bharat Cement led consortium to match the Rs 79.60 billion offer from UltraTech Cement for acquisition of the stressed assets of Binani