Category: News of interest

After hearing the arguments from the counsels for Liberty House and the committee of creditors (CoC) for AML, the Kolkata bench of the National Company

The Chennai bench of the National Company Law Tribunal (NCLT) has ordered liquidation of Nagarjuna Oil Corporation (NOCL), which is an associate firm of Nagarjuna

The homebuyers want the apex court to declare them “secured financial creditors” on a par with banks. Jaypee group’s homebuyers on Monday moved the Supreme

Delhi-based Amtek Auto’s insolvency resolution process was initiated by Corporation Bank. Lenders to the bankrupt Amtek Auto have approached the Chandigarh bench of National Company

Operational creditors of companies undergoing the corporate insolvency resolution process should have a say in the committee of creditors (CoC) and get voting rights proportional

State Bank of India Chairman Rajnish Kumar (pictured) said amendments in the Section 29A of the Insolvency and Bankruptcy Code (IBC) are necessary as the earlier amendment imposed a blanket

Six blind men are in a room with an elephant. Each touches the animal and tries to discern its shape, size, age, and other aspects

With over 10,000 cases and only half the manpower it should have, the National Company Law Tribunal (NCLT) is buckling under the weight of its

Time-bound resolution, a cornerstone of the Insolvency and Bankruptcy Code (IBC), is under question. If value maximisation is one of the pillars of the IBC, achieving it

The Principal Bench of the National Company Law Tribunal (NCLT) on Thursday directed the resolution professional (RP) of Era Infrastructure India to admit ICICI Bank’s Rs 7-billion

These very financial creditors, when assembled as committee of creditors, can swiftly approve the plan when presented by the insolvency professional under the IBC. There