Category: May Look At Leisurely

The home buyers had moved the apex court stating that around 32,000 people had booked flats and were now paying instalments. Liquidation of real estate

Singapore-based Cube Highways, through senior counsel Gopal Jain, argued that it was willing to bring in Rs 3,300 crore upfront for takeover of the 165-km

K PaperNSE -4.51 % today said the NCLT has approved its Rs 371 crore bid for debt-ridden Sirpur Paper Mills under the insolvency resolution process. The Hyderabad bench of the National Company

The changes to the Insolvency and Bankruptcy Code to ease entry barrier for promoters of companies that are in the insolvency row are welcome. The

The JSW Steel-AION Capital consortium bid has got the official nod from NCLT for Monnet Ispat NPA resolution under IBC: The AION Capital-JSW Steel consortium bid has

Throwing its weight behind ‘electronic’ process, insolvency regulator IBBI has mandated that any class of creditors looking for a representation in the Committee of Creditors

The 5.8% jump in wholesale prices in June, up from 4.4% a month before, is a warning against any fiscal laxity. The RBI would have

Numetal and ArcelorMittal had filed petitions in the NCLAT challenging the disqualification of their first round of bids by the resolution professional. (Reuters) ArcelorMittal, which

Singapore-based Cube Highways, through senior counsel Gopal Jain, argued that it was willing to bring in Rs 3,300 crore upfront for takeover of the 165-km

Most of these subsidiaries are likely to be admitted by the National Company Law Tribunal (NCLT) for insolvency proceeding by next month. Lenders to the

The appellate bankruptcy court on Tuesday barred lenders from voting for the highest bidder for Bhushan Power, following a plea from Liberty House that a transparent process was not

Even as the government has stood firm on resisting a call for easing the exclusion norms under the insolvency resolution process to retain its integrity

National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the scheduled voting of the lenders to finalise the most preferred bidder for the bankrupt firm

The resolution of Essar Steel has been dragging on for about a year now with even the grace period of 90 days, after the stipulated

This is the third large company to be resolved under the Insolvency and Bankruptcy Code (IBC) after Bhushan Steel and Electrosteel Steels. Lenders to Adhunik

The Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday approved Liberty House’s resolution plan to acquire Adhunik Metaliks. The bench comprising Justice

The National Company Law Tribunal (NCLT) adjourned the hearing of insolvent firm Uttam Galva Steels (UGSL) till August 13, saying it was waiting for the National Company Law and

Tata Steel is gearing up to acquire Bhushan Power & Steel, going through insolvency proceedings, if it gets the requisite approvals. Much like the Bhushan Steel

If India “chugs along”, 6-7 per cent GDP growth will be “automatic”, while 7-8.5 per cent growth is possible if the nation continues on the

The agreement says each resolution plan would be submitted to an overseeing committee comprising experts from the banking industry. As many as 56 lenders are