insolvency
Finance
Cabinet clears changes in bankruptcy law to protect new owners
The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to protect new owners ......
Consumer
Haldiram's big-ticket move to enter dairy business hits a hurdle
Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders...
TMT
Insolvency court admits case against Flipkart but high court orders stay
A tribunal in Bengaluru has ordered to start insolvency proceedings against Flipkart India Pvt. Ltd for a payments default, but...
Consumer
NCLT allows insolvency plea against Typhoo tea maker Apeejay Tea
The National Company Law Tribunal (NCLT) has ordered to start insolvency proceedings against Apeejay Tea Ltd, one of India’s...
General
Grapevine: JSW, others circle Jhabua; LGT-Aspada platform may invest in AMP Energy
Avantha Group’s Jhabua Power, which is undergoing insolvency proceedings, has received expressions of interest from JSW,...
Manufacturing
Back from brink, Amtek faces debt resolution process again as SC orders fresh bids
Two weeks after staying the liquidation of Amtek Auto Ltd, India's top court has allowed lenders of the automobile component...
Manufacturing
Supreme Court stays Amtek Auto's liquidation
The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by lenders of ......
Manufacturing
NCLT approves JSW's $2.7-bn bid for Bhushan Power & Steel
The National Company Law Tribunal (NCLT) has approved billionaire Sajjan Jindal-led JSW Steel Ltd’s offer of Rs 19,700 crore...
Healthcare
NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case
The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd...
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...
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