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Insolvency and Bankruptcy Code

Dalmia Bharat-Bain Piramal fund inch closer to buying Binani Cement

Infrastructure

16 March, 2018

Dalmia Bharat-Bain Piramal fund inch closer to buying Binani Cement

A consortium of Dalmia Bharat Ltd and a fund formed by private equity firm Bain Capital and Piramal Enterprises Ltd ......

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PE/VC firms expand indemnity clause in investment pacts to skirt bankruptcy risks

Finance

15 November, 2017

PE/VC firms expand indemnity clause in investment pacts to skirt bankruptcy risks

A few months ago, a Hong Kong-based private equity firm hit a roadblock while seeking to sell its stake in ......

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Stressed asset deals set to see greater momentum: Veritas Legal's Abhijit Joshi

Finance

28 August, 2017

Stressed asset deals set to see greater momentum: Veritas Legal's Abhijit Joshi

Stressed asset buyouts may be few and far between at this point, but they are set to increase. Abhijit Joshi, ......

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Why buyers of stressed assets must brace for a long-drawn-out process

Finance

20 July, 2017

Why buyers of stressed assets must brace for a long-drawn-out process

In early May, the government empowered the Reserve Bank of India to direct lenders to start bankruptcy proceedings against large ......

Tribunal rejects Macquarie Bank's suit against Uttam Galva unit

Manufacturing

20 June, 2017

Tribunal rejects Macquarie Bank's suit against Uttam Galva unit

The National Company Law Tribunal has dismissed a money recovery suit filed by Australian lender Macquarie Bank Ltd against a ......

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SNG & Partners hires former Edelweiss exec to lead bankruptcy practice

General

11 January, 2017

SNG & Partners hires former Edelweiss exec to lead bankruptcy practice

Mumbai-based boutique banking and corporate finance law firm SNG & Partners Advocates and Solicitors has hired Kishore Srinivasan, a former ......