Govt to announce economic package soon to cushion impact of coronavirus, says Sitharaman
24 Mar 2020 8:09 PM
Over 17 lakh shares of DHFL were traded on the NSE, while the BSE saw an exchange of 4.51 lakh shares.
02 Dec 2019 4:37 PM
The move will help make the insolvency process more attractive for the bidders and instil confidence in them, sources said.
24 Nov 2019 5:29 PM
On Friday, the ministry notified the framework for dealing with systemically important FSPs, excluding banks.
19 Nov 2019 9:35 AM
Bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy.
21 Oct 2019 9:58 AM
The banks should be looking at other options for recovering loans before invoking the IBC, said Corp Affairs Secy Injeti Srinivas.
14 Oct 2019 10:18 PM
The bench said only genuine homebuyers can invoke insolvency proceedings against the builder.
09 Aug 2019 12:09 PM
AK Mohanty said one month's salary should be released to Jet Airways employees for their basic survival.
06 Aug 2019 3:46 PM
The country's largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march 2019.
01 Aug 2019 10:18 AM
Appellate tribunal rejected the plea of Jaiprakash Associates Ltd, the promoters of Jaypee Infratech, to be eligible to submit bid.
30 Jul 2019 3:02 PM
Essar Steel was auctioned under the new IBC to recover Rs 54,547 crore of unpaid dues of financial lenders.
22 Jul 2019 11:29 AM
A consortium of 26 bankers led by SBI had approached NCLT to recover dues of over Rs 8,500 cr from Jet Airways.
12 Jul 2019 12:48 PM
The NCLAT had in January this year issued notices to RHC Holding and other parties and directed them to file their replies.
10 Jul 2019 12:03 PM
The Survey said that IBC has initiated a cultural shift in the dynamics between lender and borrower, promoter and creditor.
04 Jul 2019 3:31 PM
Jet and its lenders have been searching for new investors but have failed to agree a proposal.
18 Jun 2019 8:46 AM
A single member NCLT bench of Justice Bansi Lal Bhat directed to list ICICI Bank's plea on July 1 for hearing.
17 Jun 2019 1:18 PM
New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.
11 Jun 2019 7:10 PM
Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.
25 May 2019 1:12 PM
The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.
15 May 2019 8:49 AM
Essar Steel shareholder ESAHL said ArcelorMittal India Ltd and its promoter Lakshmi Mittal had 'misled' Supreme Court.
07 May 2019 3:12 PM