bankruptcy
General
Bankruptcy resolution or liquidation: How companies admitted to NCLT are faring
The National Company Law Tribunal (NCLT) is grappling with hundreds of cases of debt-laden companies pushed into insolvency proceedings by ......
Finance
Why bankruptcy ordinance may need more fine-tuning
Last week, the government promulgated an ordinance to amend the Insolvency and Bankruptcy Code, 2016, which effectively tightens the screws ......
Finance
PE/VC firms expand indemnity clause in investment pacts to skirt bankruptcy risks
A few months ago, a Hong Kong-based private equity firm hit a roadblock while seeking to sell its stake in ......
Consumer
Srei Infra starts bankruptcy proceedings against Baring- and NSR-backed firm
Kolkata-based Srei Infrastructure Finance Ltd has approached the National Company Law Tribunal to start bankruptcy proceedings against an edible oil ......
Finance
Why buyers of stressed assets must brace for a long-drawn-out process
In early May, the government empowered the Reserve Bank of India to direct lenders to start bankruptcy proceedings against large ......
Others
Expect deal volume, ticket size to grow this year: Phoenix Legal's Manjula Chawla
Merger and acquisition activity stayed strong in 2016, and this year is poised to be even better considering the government’s ......
Finance
Will the new ordinance help banks clean up the bad-loan mess?
When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......
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