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'Bankrupt companies selling in parts better than sale to single bidder'

Finance

'Bankrupt companies selling in parts better than sale to single bidder'

A mix of investors buying different parts of a bankrupt company is better than a single investor ...

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Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Finance

Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big...

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NCLTs lash out at insolvency resolution professionals over steep haircuts

Finance

NCLTs lash out at insolvency resolution professionals over steep haircuts

“Get better resolutions…reduce haircuts…will not approve the plans with low value offerings...

Insolvency law supervisor tweaks rules to boost transparency in bankruptcy process

Finance

Insolvency law supervisor tweaks rules to boost transparency in bankruptcy process

In a bid to bring more accountability and improvement to the bankruptcy resolution process, the ...

Tribunal doubts confidentiality maintained in Videocon bankruptcy process, requests IBBI probe

Consumer

Tribunal doubts confidentiality maintained in Videocon bankruptcy process, requests IBBI probe

A Mumbai bench of insolvency tribunal has expressed surprise over the similarity between the bid ...

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Lenders eye large accounts this year to arrest declining trend in recoveries

Finance

Lenders eye large accounts this year to arrest declining trend in recoveries

Recoveries made by financial creditors through the Insolvency and the Bankruptcy Code declined to a ...

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After five years, why are bankruptcy resolutions still a fraction of filings?

Finance

After five years, why are bankruptcy resolutions still a fraction of filings?

Less than eight per cent of the bankruptcy filings have been resolved with over three times as many ...

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NCLT rejects Edelweiss ARC's plea for Mumbai-based water park's bankruptcy

Finance

NCLT rejects Edelweiss ARC's plea for Mumbai-based water park's bankruptcy

The National Company Law Tribunal (NCLT) has rejected a bankruptcy plea filed by the Edelweiss ...

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New insolvency cases touch over 3-year low in pandemic-hit June quarter

Finance

New insolvency cases touch over 3-year low in pandemic-hit June quarter

New insolvency cases dropped during pandemic-stricken April-June to the lowest in 13 quarters, ...

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As companies hit the rocks and sink, lenders scour the wreck and get zilch

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 ...