Essar Steel shareholder ESAHL said ArcelorMittal India Ltd and its promoter Lakshmi Mittal had 'misled' Supreme Court.
07 May 2019 3:12 PM
The objective of IBC is to rescue viable companies and close down unviable ones, IBBI chief M S Sahoo said.
04 May 2019 2:49 PM
Running into debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily.
21 Apr 2019 11:34 AM
Claims totalling a little over Rs 1.42 trillion were admitted in 88 cases under IBC till Feb 28, IBBI data showed.
15 Apr 2019 2:02 PM
Panagariya said government has managed to accelerate outcomes in sectors like roads, railways, waterways, aviation and digitisation.
14 Apr 2019 3:45 PM
Insolvency and Bankruptcy Code provides a framework for market-driven and time-bound resolution process.
31 Mar 2019 4:54 PM
Corporate Affairs Secretary Injeti Srinivas said the NCLT has been very expeditious in disposing cases related to insolvency.
26 Mar 2019 12:42 PM
In afternoon trade, shares of Jet Airways rose nearly three per cent to Rs 232.35 on the BSE.
25 Mar 2019 1:36 PM
Guidelines in this regard will be issued by the end of this month.
08 Feb 2019 1:34 AM
As on December 31, 2018, rating agency Icra said 898 CIRP’s were awaiting a resolution.
30 Jan 2019 1:34 AM
In 2019, the NCLT is expected to finalise corporate insolvency resolution process of several stressed assets.
26 Dec 2018 12:57 AM
The failure has been much starker in the power sector, which contributes a major chunk of stressed assets.
27 Nov 2018 12:14 AM
CoC may wait till October 22 when Tata Steel’s plea challenging re-bids will come up for hearing before NCLT.
16 Oct 2018 10:01 AM
State Bank of India had filed separate insolvency proceedings against Videocon.
25 Sep 2018 5:15 PM
The merger will create India’s third largest bank, with total business worth Rs 14.82 lakh crores.
20 Sep 2018 1:45 AM
On the economic front, Modi's election, I think, was a mandate for development and economic reforms, she said.
03 Sep 2018 12:58 PM
Various measures taken by the government including implementation of Insolvency and Bankruptcy Code has yielded good results.
16 Aug 2018 4:40 PM
The bill also aims at giving relief to homebuyers by recognising their status as financial creditors, thus giving them due representation in the CoC.
01 Aug 2018 1:41 AM
The insolvency law empowers home buyers to be recognised as financial creditors.
23 Jul 2018 4:51 PM
The Insolvency and Bankruptcy Code (IBC) resolution process has greatly helped Punjab National Bank.
15 Jul 2018 3:48 PM