IBC
Infrastructure
Hinduja Group loses interest in Jet Airways but two suitors still in fray
UK-based Hinduja Group did not submit its interest for Jet Airways Ltd by the Wednesday deadline, a lender that is ......
Manufacturing
Everstone, TVS Capital-backed wind turbine firm in the NCLT dock
A Chennai-based wind turbine firm backed by Everstone Capital, TVS Capital and MCap Advisors has been admitted to the insolvency...
General
Grapevine: EuroKids in talks to buy Kidzee; Indonesian billionaire eyes Videocon
Playschool chain EuroKids is in preliminary talks to acquire the Essel Group-operated Kidzee for between Rs 1,000-Rs 1,200 crore...
Finance
Aviva Life under IBC for not paying landlord; first financial firm to enter NCLT
The bankruptcy tribunal has ordered proceedings against Aviva Life Insurance in a case by Apeejay Trust for failure to pay ......
Finance
Why liquidation framework remains inadequate despite policy push?
Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze...
Finance
ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?
There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......
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
Stressed assets this week: Nirav Modi firms head to NCLT; reprieve for Sterling Biotech
There was plenty of action at the bankruptcy courts this week, with breakthroughs achieved in a couple of cases that ......
Healthcare
NCLAT stays liquidation of Sterling Biotech
The National Company Law Appellate Tribunal (NCLAT) has stayed the order of a lower bankruptcy court which had referred debt-laden...
Finance
Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets
Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......
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