bankruptcy
Manufacturing
Suraksha ARC set to lose race for distressed textile firm
Suraksha Asset Reconstruction Ltd is likely to have lost a bid to acquire a Maharashtra-based distressed textile company that...
Finance
SBI puts Anil Ambani in dock for guarantee given on loans to his firms
The country’s largest lender State Bank of India (SBI) has taken Anil Ambani to the bankruptcy tribunal for a personal ......
TMT
Tribunal okays UV ARC's sharp haircut for Aircel lenders, but with tweaks
The National Company Law Tribunal (NCLT) has approved the insolvency resolution plan of UV Asset Reconstruction Company Ltd to...
TMT
TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law
A Mumbai-based media production house has invited bids to resolve its debt worth Rs 525 crore (about $70 million at ......
Finance
Coronavirus, IBC suspension to drag down realisations for creditors: ICRA
The coronavirus pandemic and the suspension of new proceedings under the Insolvency and Bankruptcy Code (IBC) will likely drag...
Finance
How insolvencies climbed across sectors before India locked down to fight virus
The manufacturing and real estate sectors accounted for three-fifths of new insolvencies in the three months through March even...
Infrastructure
Jet Airways racks up long queue of suitors; 3 even come back to propose
Bankrupt Jet Airways (India) Ltd has received expressions of interest from at least eight entities including two financial services...
Finance
As companies hit the rocks and sink, lenders scour the wreck and get zilch
The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 ......
Finance
Recovery under bankruptcy law shows big jump but Jaypee Infratech skews the picture
The amount recovered under the Insolvency and Bankruptcy Code (IBC) jumped 13 times sequentially in the January-March quarter...
Finance
Govt to privatise state-run firms, halt fresh insolvencies amid pandemic
India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year,...
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