Insolvency and Bankruptcy Code
General
Govt amending bankruptcy law to let lenders trigger insolvency bypassing NCLT
India has proposed an overhaul of its bankruptcy law, including allowing financial creditors to initiate insolvency ......
Infrastructure
Oberoi Realty-led group to acquire Hotel Horizon
A consortium of investors led by Oberoi Realty Ltd is set to acquire Juhu, Mumbai-based debt-laden Hotel Horizon......
Finance
RBI chief favours financial creditor-led resolution framework for stressed assets
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed ......
Infrastructure
NTPC marks first acquisition under IBC
State-run power major NTPC has acquired Jhabua Power Limited (JPL) through the Insolvency and Bankruptcy Code (IBC) ......
Finance
The bad news about the market for bad loans
In 2017, when the Insolvency and Bankruptcy Code (IBC) was passed, he was among many investors who saw a golden ......
Finance
Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey
At least 18,629 applications of distressed companies with debt worth over Rs 5.89 lakh crore (trillion) which filed for bankruptcy...
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...” These...
Finance
Govt extends suspension of bankruptcy filings
The Indian government on Thursday said it had extended a suspension of bankruptcy filings until December, a decision aimed at...
Manufacturing
Amtek Auto's three-year-long quest to come out of bankruptcy gets longer
Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received...
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
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