Category: To be deleted

Bhushan Energy promoters sought the appellate tribunal’s intervention as the termination of the PPA might reduce its valuation. The National Company Law Appellate Tribunal (NCLAT)

Corporate houses with deep pockets can bid for multiple distressed assets under the insolvency process without getting themselves disqualified under Section 29A of the Insolvency

The Committee of Creditors of Deccan Chronicle Holdings Limited (DCHL) was open to examining fresh resolution applications, including a modified resolution plan submitted earlier this month by Srei group’s

Finance minister Piyush Goyal on Monday introduced a Bill to amend the insolvency law that would recognise home buyers as financial creditors and allow genuine

Hearing a petition filed by Larsen & Toubro (L&T), the appellate tribunal asked Tata Steel to provide the details by Tuesday, when it is scheduled

Bhushan Power and Steel owed lenders close to Rs 47,000 crore as on March 31, 2017. Even though it is yet to take a call

Bhushan Power and Steel owed lenders close to Rs 47,000 crore as on March 31, 2017. Even though it is yet to take a call

The National Company Law Appellate Tribunal has directed the Committee of Creditors of Bhushan Power to consider all three bids submitted by Tata Steel, Liberty

Homebuyers also argued that an independent committee be set up which can assess the financial health and credibility of interested bidders who have expressed interest

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

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