liquidation

IVRCL gets bid for sale of company as going concern under liquidation

Infrastructure

04 March, 2020

IVRCL gets bid for sale of company as going concern under liquidation

Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......

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Finance

19 February, 2020

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 ......

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Finance

13 February, 2020

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 ......

Manufacturing

09 September, 2019

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 ......

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Healthcare

29 August, 2019

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...

Manufacturing

27 August, 2019

Khaitan's whirring blades to go quiet as fan maker handed over to liquidator

The bankruptcy tribunal has ordered the liquidation of Khaitan Electricals Ltd, a household name for fans, air coolers and other...

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Finance

23 August, 2019

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...

General

08 August, 2019

Live blog: VCCircle Stressed Assets Investment Summit

Stressed assets have dominated headlines for the past couple of years, as banks struggle with $150 billion of bad loans. ......

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Finance

29 July, 2019

SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more

State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......

Manufacturing

09 July, 2019

Adhunik Metaliks goes into liquidation as Liberty House fails to pay up

The National Company Law Tribunal (NCLT) has ordered the liquidation of Adhunik Metaliks Ltd and unit Zion Steel after the ......

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