insolvency
Finance
Govt to unveil fiscal package to help economy face coronavirus: Sitharaman
India’s government will soon announce a fiscal package to help the economy face the impact of the coronavirus, Finance Minister ......
Infrastructure
Jet Airways lenders seek two more months for insolvency resolution
With investors not showing up amid global coronavirus outbreak, lenders to Jet Airways will seek another extension of around two ......
Infrastructure
Jet Airways gets no bids, almost certain to be liquidated
Bankrupt carrier Jet Airways (India) Ltd has failed to attract any buyer and is likely to be sent for liquidation ......
TMT
Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries
A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......
Finance
Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech
The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire debt-ridden ......
TMT
NCLAT sets aside insolvency case against Flipkart for alleged default
An appeals court has dismissed insolvency proceedings against e-commerce major Flipkart, which was dragged to the National Company Law Tribunal ......
Finance
Bankruptcy boom: India added three insolvency professionals and four valuers a day
India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters but ......
Finance
These three sectors account for nearly three-fourths of bankruptcy cases
Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......
Manufacturing
JSW Steel gets immunity for Bhushan Power acquisition
The National Company Law Appellate Tribunal (NCLAT) has given JSW Steel Ltd immunity from all criminal investigations for its takeover ......
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
