IBC


Picasso Network Integrates IBC With Ethereum, Improves Cross-chain Interoperability

Crypto - Published date: .

In collaboration with the Composable Foundation, Picasso Network has announced the integration of the Inter-Blockchain C... Read more

Partial Sale Of Companies Won't Be Default Under Insolvency Code: Report

Banking - Published date: .

The Ministry of Corporate Affairs proposed revisions to the IBC which would allow several resolution plans for different... Read more

Lessors Seek Status Quo On Aircraft, NCLAT To Hear Matter On Monday

Banking - Published date: .

This means that nobody would be able to touch the aircraft for any work until a final order is passed by the Tribunal. T... Read more

NCLT Admits Go First's Plea For Voluntary Insolvency, Appoints IRP

Banking - Published date: .

It has also granted Go First protection under a moratorium from recovery by lessors and creditors Read more

NCLT Admits Go First's Plea For Voluntary Insolvency, Appoints IRP

Banking - Published date: .

It has also granted Go First protection under a moratorium from recovery by lessors and creditors Read more

Go First Extends Flight Cancellations Till May 12, Awaits NCLT's Order

Banking - Published date: .

The extension comes as the National Company Law Tribunal reserved its order on Go First's plea for an interim moratorium Read more

Lenders To Go First Await NCLT's Verdict To Chalk-out Strategy

Banking - Published date: .

There was no meeting on Thursday. Banks have already reviewed the situation on Wednesday Read more

JC Flowers, Reliance Retail Ventures Among 48 Bidders For Future Retail

Banking - Published date: .

This month, the National Company Law Tribunal (NCLT) had granted an extension of 90 days for conducting the corporate in... Read more

NCLT Approves AM Mining Resolution Plan For Indian Steel Corporation

Banking - Published date: .

The NCLT passed the order on April 13. The total amount under the resolution plan is Rs 897 crores, out of which the sec... Read more

CoC Of Reliance Capital Decides To Hold A Second Auction On April 4

Banking - Published date: .

The decision to hold a second auction was decided on Monday in a formal meeting of the CoC Read more

Future Enterprises Admitted For Insolvency, NCLT Appoints Interim RP

Banking - Published date: .

Bench admits petition by Foresight Innovation, which puts the default anount at Rs 1.58 crore; Operational creditor Reta... Read more

NSE Withdraws Decision To Drop Zee Entertainment From F&O Segment

Banking - Published date: .

NSE said post the NCLAT order, ZEEL will move out of IBC framework, hence the surveillance action in the stock shall be ... Read more

Some Relief For Khaitans As McLeod Russel Gets Interim Stay In CIRP

Banking - Published date: .

Meanwhile, even as the appeal process is being pursued in NCLAT, the Khaitans are understood to be engaging with IL&... Read more

Srei Insolvency: Kanorias' Offer Under Section 12A To Pay Off Dues Rejected

Banking - Published date: .

Srei administrator Rajneesh Sharma has rejected the group promoters' offer under section 12A of Insolvency and Bankruptc... Read more

Kanorias Make An Offer Under Section 12A To Take Srei Out Of Insolvency

Banking - Published date: .

They feel that existing resolution plans under consideration by the Srei CoC fail to offer a fair and equitable consider... Read more

ASG Hospital's Rs 526-cr Resolution Plan For Vasan Eye Care Gets NCLT Nod

Banking - Published date: .

Reportedly, ASG has over 50 eye hospitals across 16 states in the country Read more

Voting For IBC Resolution Of Twin Srei Companies To Begin On Thursday

Banking - Published date: .

Srei has received three compliant resolution plans, which will be voted on by lenders and debenture holders Read more

Torrent Stalls Reliance Capital Resolution, CoC Approves 90 Days' Extension

Banking - Published date: .

NCLT Mumbai will resume hearing in the Reliance Capital resolution matter on Monday Read more

CBIC Asks Taxmen To Recover Lower Dues From Firms Under Insolvency

Banking - Published date: .

Issues a separate circular on limitation period of show-cause notices Read more

Reliance Capital Lenders Finalise E-auction Process For Bidders

World - Published date: .

The e-auction of Reliance Capital will begin on December 19, and it will follow ascending auction process Read more