insolvency
Mallya cannot use pendency of plea to stall insolvency proceedings against him: SC
Mallya had approached the apex court on June 27 seeking a stay on the confiscation of properties owned by him and his relatives.
Govt plans to amend IBC to ring-fence buyers of stressed assets from prosecution
The move will help make the insolvency process more attractive for the bidders and instil confidence in them, sources said.
Jaypee Infratech insolvency: Lenders to meet on Nov 18 to comply with SC direction
Jaypee Infratech, a subsidiary of Jaiprakash Associates, has an outstanding debt of nearly Rs 9,800 crore.
NCLAT allows Dutch court administrator to attend Jet Airways CoC meetings
One of the Jet Airways aircraft, parked in the Schiphol Airport in Amsterdam, has already been seized.
NCLAT dismisses contempt petition against Anil Ambani over RCom payment default
A bench headed by NCLAT Chairman Justice S J Mukhopadhaya, dismissed any contempt plea against Ambani and his officials.
Will pay creditors entire outstanding amount; complete projects in 3 yrs: Jaypee Infratech
A two-member bench asked the promoter of Jaypee Infratech to file written submissions over exclusion of time frame.
Jaypee insolvency: NCLAT asks IDBI Bank to furnish conditions for fresh bidding
A two-member bench headed by Chairman Justice S J Mukhopadhaya has asked IDBI Bank to file an affidavit by Friday.
Insolvency proceedings initiated against Jet Airways
Jet Airways owes more than Rs 8,000 crore to banks, and thousands of crores more in arrears to vendors, lessors and employees.
Jet Airways: Etihad's demands for open offer waiver, slots pledge not feasible: SBI
SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.
Direct NCLT Allahabad for early hearing on insolvency plea against JAL: ICICI Bank
A single member NCLT bench of Justice Bansi Lal Bhat directed to list ICICI Bank's plea on July 1 for hearing.