insolvency
SC quashing RBI circular to give relief to power cos but delay bankruptcy proceedings
"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril Amarchand Mangaldas.
Insolvency law's objective is reorganisation of defaulting firms: IBBI's Sahoo
Insolvency and Bankruptcy Code provides a framework for market-driven and time-bound resolution process.
Creditors-company negotiations better than insolvency: govt official on Jet Airways
In afternoon trade, shares of Jet Airways rose nearly three per cent to Rs 232.35 on the BSE.
Two independent directors of Jaypee Infratech resign
IRP will place the resignations for acceptance in the next meeting of the Committee of Creditors.
Bhushan Steel appoints T V Narendran as chairman
Tata Steel has completed the acquisition of 72.65 per cent stake of the company.
Bhushan Steel appoints 2 additional directors on board
The entire BSL management was changed last month after Tata Steel took control of the company.
Electrosteel allots shares worth Rs 7,400 crore to lenders
The company had yesterday spelled out steps to be taken for completion of its takeover by Vedanta Star Ltd.
State-run banks wiped out the USD 13-billion capital infusion by the govt
Around 19 of the 21 state-run banks reported losses for the fiscal, including country's largest lender SBI.
Bhushan Steel seeks 90 days extension to file Q4, FY18 results
Tata Steel, which won the bid for Bhushan Steel Ltd (BSL), completed the acquisition of controlling stake of 72.65 per cent.
NCLAT asks resolution professional, NCLT to hold order on Essar Steel
NCLAT would conduct daily hearing from July 23 on the matter.