insolvency


MCA May Share Data To Reduce Number Of Insolvency Cases

World - Published date: .

The NFRA is a legal watchdog for the auditing profession. It is responsible for setting accounting standards and improvi... Read more

RCap Resolution: NCLAT Allows Lenders' Plea For Another Round Of Bidding

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital... Read more

FRL Fails To Get Revival Plan, Lenders To Decide Further Course Of Action

Banking - Published date: .

The date of submission of the resolution plans for the company was February 20 after subsequent extensions were granted ... Read more

SC Notice To CBI On Piramal Capital & Housing Finance Plea To Quash FIR

Banking - Published date: .

The PCHF contended that it cannot be saddled with the offences allegedly committed by the previous management prior to t... Read more

NCLAT Stays ZEE Insolvency Order

World - Published date: .

The appellate bench led by Justice Ashok Bhushan and Justice Barun Mitra asked IndusInd Bank, a financial creditor which... Read more

Merger With Sony Will Get Stuck On Insolvency Proceedings, Says ZEEL

Banking - Published date: .

The comments came as Zee's chief executive, Punit Goenka, on Thursday said in a statement that he expected a timely comp... Read more

RCap Resolution: NCLAT Issues Notices To Torrent Investments, Others

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other responden... Read more

Real Estate Sector Backs Proposed IBC Rule Change For Defaults

Banking - Published date: .

According to experts, defaults in the real estate sector often pertain to specific projects instead of the whole group Read more

Reliance Cap Bidders Raise Issues With Rs 20,000 Cr Financial Implication

Banking - Published date: .

Suitors of debt-ridden Reliance Capital Ltd (RCL) have flagged off various legal issues with cumulative financial implic... Read more

Bid Deadline For India's Future Retail Extended Due To Low Interest: Report

World - Published date: .

With lesser buyers showing interest in the debt-ridden Future Retail, its deadline for submitting bids has been extended... Read more

Creditors File Claims Worth Rs 21,324 Cr Against Future Retail Before IRP

Banking - Published date: .

Creditors of Future Retail Ltd have submitted claims worth Rs 21,324.18 crore against the debt-ridden company presently ... Read more

Zee Learn Stock Tumbles Over 18% After Yes Bank Seeks Insolvency

Banking - Published date: .

Private sector lender Yes Bank has moved NCLT seeking initiation of insolvency proceedings against Zee Learn, according ... Read more

RBI Supersedes Boards Of SREI Companies, Plans For Insolvency Proceedings

Banking - Published date: .

RBI said it has appointed Rajneesh Sharma, ex-chief general manager of Bank of Baroda, as the administrator of the compa... Read more

Boeing 777 Held By Dutch Sold; Insolvency Process To Close Now: Jet Airways

Banking - Published date: .

Jet Airways said one of Boeing 777 aircraft, which was under the custody of Dutch Administrator due to insolvency procee... Read more

NCLAT Issues Notice Over PNB's Plea Against Jet Airways Resolution Plan

Banking - Published date: .

The bank is aggrieved by the reduction in its claim amount by around Rs 202 crore by the Resolution Professional Read more

NCLT Dismisses Rolta Promoters' Plea For One-time Settlement

Banking - Published date: .

The National Company Law Tribunal (NCLT) has dismissed a petition of the promoters of IT firm Rolta India Ltd seeking on... Read more

Jet Staff To Get Plummeted Relief, Only Rs 52 Cr Earmarked For Employees

Banking - Published date: .

It is not yet a happy ending for the Kalrock-Jalan consortium of Jet Airways as employees of airline are unhappy with re... Read more

Insolvency Law Changing The Way Society Perceives Biz Failures, Says Sahoo

Banking - Published date: .

Fuelled by a huge unsatiated appetite for freedom of exit, the insolvency law is changing the way the society perceives ... Read more

Suraksha Group Seeks More Time To Submit Final Bid For Jaypee Infratech

Banking - Published date: .

This is the fourth round of the bidding process in the matter of JIL bankruptcy case. Read more

NBCC Submits Final Bid To Buy Jaypee Infra; Suraksha Seeks More Time

Banking - Published date: .

State-owned NBCC on Friday submitted its final bid to acquire Jaypee Infratech Ltd (JIL) while rival Suraksha group soug... Read more