Category: To be deleted

The Insolvency and Bankruptcy Board of India (IBBI) has floated a discussion paper, proposing to cap the stake of multilateral institutions in an insolvency professionals

Insolvency proceeding: JSW Steel bid for Bhushan Power is lenders’ top pick Lenders to Bhushan Power and Steel have zeroed in on JSW Steel as

Tata Steel, Liberty House and JSW have submitted bids for the second time to acquire debt-laden Bhushan Power and Steel Ltd, sources in the know

The Committee of Creditors will consider the revised bids for Bhushan Power and Steel on Tuesday as the deadline for three final bidders – JSW

The majority of companies going for liquidation under the Insolvency and Bankruptcy Code (IBC) have been non-operational for almost over a decade. With assets depreciating over time, experts say,

One of the concerns about the Insolvency and Bankruptcy Code (IBC) has always been how well it will stand up to legal tests. The National Company Law Tribunal (NCLT),

In the same order, the bench also held that Tata Steel’s resolution plan was fair and equitable to all the creditors, including the operational creditors

In a setback for Tata Steel, the Supreme Court on Friday refused to stay the National Company Law Appellate Tribunal (NCLAT) order that allowed the three bidders

According to government data, till March 31, 2018, as many as 701 corporates had been admitted into resolution process, of which 67 were closed on

In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings

The Ministry of Corporate Affairs’ decision to set up eight special courts under the National Company Law Tribunal (NCLT) to deal specifically with insolvency cases

The National Company Law Appellate Tribunal (NCLAT) today extended the deadline for submission of revised bids for debt-ridden Bhushan Power and Steel by one week

Bhushan Power rebid process violates NCLAT orders: Tata Steel steelindustry-ap.jpg.webp10.7 KB Tata Steel’s offer stands at Rs 17,000 crore. Bhushan Power and Steel owes about

The corporate affairs ministry has proposed setting up special courts under the National Company Law Tribunal (NCLT) to deal with insolvency cases. Ministry officials say eight courts are proposed

India has begun on resolving the corporate balance sheet, and four big firms have completed the process. The data for 2015-16 shows that there were

Six months after the Reserve Bank of India (RBI) deadline for the second list of non-performing assets (NPAs), 17 of the 28 cases have been

Tata Steel has moved the Supreme Court against the National Company Law Appellate Tribunal decision to consider revised bids for stressed asset Bhushan Power and

The Supreme Court will hear a Tata Steel petition challenging the revised bids for Bhushan Power & Steel only on August 10 even as the new offers are expected to be

The Code, which comes under the corporate affairs ministry, has already been amended twice. The government is ready to make further changes to the Insolvency

Conceptually, the Limited Liability Partnership (LLP) law was introduced in India in 2008 to create a platform where business can be carried out as a