IBC
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...
General
Why one-year suspension of bankruptcy law has put bankers, investors in tough spot
Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government...
Finance
Why calls for pre-packaged IBC deals, easing ban on promoters are getting louder
A pre-packaged deal mechanism for stressed assets and lifting a ban on promoters from bidding for the companies they once ......
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC)...
Infrastructure
Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier
Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......
Finance
Insolvency resolution to exclude lockdown period from 330-day time frame
The 330-day time frame for resolution of cases under the Insolvency and Bankruptcy Code (IBC) will now exclude the national ......
Finance
Distressed asset funds smell blood as coronavirus bites businesses
Even as the world trembles from Covid-19 and its effects on the economy, distressed asset investors are shaking with excitement...
Infrastructure
Ansal Properties asks appeals tribunal to reverse insolvency proceedings verdict
Ansal Properties and Infrastructure Ltd has said it has challenged the initiation of insolvency proceedings in an appeals tribunal. The...
Finance
Insolvency court orders to liquidate fugitive Nirav Modi's scam-hit firm
Fugitive diamantaire Nirav Modi's firm Firestar Diamond International Pvt. Ltd is set to be liquidated after the Mumbai bench...
Manufacturing
Tribunal greenlights Ipca bankruptcy resolution plan for Noble Explochem
A bankruptcy tribunal has okayed Ipca Laboratories Ltd’s revised resolution plan for industrial explosives firm Noble Explochem...
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