Category: To be deleted

The Appeal is on limited grounds as the NCLAT has committed “a fundamental error” in interpreting the provisions of the Code and allowed time to

Corporation Bank has signed an information utility (IU) agreement with National e-Governance Services Ltd (NeSL), the first IU registered with the Insolvency and Bankruptcy Board

June 6,2018 Ordinance Government sources have confirmed to ET NOW some of the recommendations of the Insolvency and Bankruptcy Panel recommendations, indicating that the current norms would

We have a contract on FOB basis and the cargo is to be shipped mainly in break bulk mode. The customer (buyer) will arrange the

GMR Energy’s 1320-mw power plant in Chhattisgarh is closest to resolution with Adani Power as the highest bidder. Essar Power, GMR Energy and RattanIndia Power

While the overall picture looks less gloomy, the state of affairs in beleaguered companies has only worsened, reveal data for 1,197 NSE-listed companies The last

In a twist to the ongoing insolvency proceedings against Nizam Deccan Sugars Ltd, the Telangana government has sought to come up with a resolution plan.

The National Company Law Tribunal (NCLT) has directed the lenders of steel-producer Uttam Galva Steels Ltd (UGSL) to appoint an Interim Resolution Professional (IRP) to oversee the

The Hyderabad Bench of the National Company Law Tribunal has permitted corporate insolvency proceedings against Ind-Bharat Energy (Utkal Limited), as per the provisions of the

JSW Energy has increased its bid for stressed Prayagraj Power Generation, a JP Group company, to about Rs. 6,200 crore from its earlier bid of

Insolvency regulator IBBI has slapped a penalty of Rs. 1 lakh on Dinkar T Venkatasubramanian, insolvency resolution professional (IRP) and partner at Ernst & Young

Two fresh bids have been submitted after the insolvency process for Nagarjuna Oil Corporation (NOCL) ran into controversy. The firm’s committee of creditors (CoC) was recommending liquidation,

With the National Company Law Appellate Tribunal (NCLAT) order on Essar Steel expected this week, bankers said they were hoping Numetal, ArcelorMittal, and Vedanta to revise their

Two fresh bids have been submitted after the insolvency process for Nagarjuna Oil Corporation (NOCL) ran into controversy. The firm’s committee of creditors (CoC) was recommending liquidation,

As the deadline for stressed asset resolution, as per the Reserve Bank of India’s (RBI’s) February 12 circular, concluded on Monday, lenders are expected to

The Hyderabad Bench of the National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Lanco Infratech Limited (LITL), the holding company of the

Banks may breach the 180-day deadline of August 27 for firming up a resolution plan on big-ticket stressed accounts. But that is not the end of the

कांकडील सुमारे चार लाख कोटी रुपयांच्या थकीत कर्जाच्या वसुलीचा ठोस कार्यक्रम रिझव्‍‌र्ह बँकेस सादर झाला नाही, तर ७० कंपन्या लिलावात निघतील.. आज, सोमवारी सायंकाळी रिझव्‍‌र्ह

Tata SteelNSE 1.20 % has started the process of cancelling power purchase agreements (PPAs) between Bhushan SteelNSE -0.36 %, a company it acquired through bankruptcy resolution proceedings, and Bhushan Energy in

The judiciary’s latest stand may prohibit the tax authorities from making appeals Last week, the Supreme Court ruled that the Insolvency and Bankruptcy Code (IBC)