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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

Finance

26 May, 2021

Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a settlement proposal from ......

NCLT says Sterling Biotech withdrawal a case for re-entry of defaulting promoters

Finance

27 March, 2019

NCLT says Sterling Biotech withdrawal a case for re-entry of defaulting promoters

Hearing the Sterling Biotech case, the National Company Law Tribunal (NCLT) said that withdrawal from proceedings can violate the rule ......

Why vendors lack credible standing in M&A and bankruptcy situations

Finance

01 June, 2017

Why vendors lack credible standing in M&A and bankruptcy situations

In recent months, a few incidents have come to light where vendors or trade creditors to a company sought criminal ......