bankruptcy
Finance
Why a large number of firms are collapsing in insolvency tribunals
A little more than two months ago, a bankruptcy court ordered the liquidation of ABG Shipyard Ltd—one of India’s biggest...
Finance
Cross-border insolvency law, steps for individual bankruptcy on cards: Economic Survey
India plans to enact a cross-border insolvency law and take steps to make bankruptcies of individuals easier as part of ......
Manufacturing
UV ARC acquires cement maker's debt to expand mid-market operations
UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it...
Healthcare
NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma
The National Company Law Tribunal has cleared a resolution plan submitted by Dhanuka Laboratories Ltd to acquire debt-laden drugmaker...
General
Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court
In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......
Infrastructure
NCLT admits SBI's insolvency plea against Jet Airways
The National Company Law Tribunal (NCLT) on Thursday admitted an insolvency plea filed by State Bank of India (SBI) against ......
Manufacturing
Moser Baer Solar heads for liquidation after failing to find buyer
Moser Baer Solar Ltd is heading for liquidation after the debt-laden company failed to get any insolvency resolution plan from...
Infrastructure
Jet Airways' lenders to take grounded carrier to bankruptcy court
Lenders to India's Jet Airways plan to begin insolvency proceedings against the debt-laden carrier, a consortium of the airline's...
Finance
Arcil CEO Vinayak Bahuguna on how to speed up stressed asset resolution and more
Vinayak Bahuguna took over as the CEO and managing director at Asset Reconstruction Company (India) Ltd, or Arcil, in June ......
Manufacturing
Amtek Auto restarts bankruptcy resolution process, seeks fresh bids
Auto component manufacturer Amtek Auto Ltd started a fresh bidding process on Thursday, nearly two years after bankruptcy proceedings...
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