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Liquidation framework, costs under IBC need to be reviewed: Eight Capital chairman

Finance

09 August, 2019

Liquidation framework, costs under IBC need to be reviewed: Eight Capital chairman

The Insolvency and Bankruptcy Code (IBC) emulates a Hindi movie: Excitement in the beginning, chaos in the middle and a ......

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Debt-laden dairy company Kwality gets lone bid

Consumer

05 August, 2019

Debt-laden dairy company Kwality gets lone bid

Dairy company Kwality Ltd, which was dragged to an insolvency court last year by a non-banking financial arm of private ......

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Construction firm IVRCL heads for liquidation

Infrastructure

29 July, 2019

Construction firm IVRCL heads for liquidation

Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution...

NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor

Healthcare

29 July, 2019

NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor

An appeals tribunal has stayed a bankruptcy court's approval to the resolution plan of Dhanuka Laboratories Ltd for Orchid...

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Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again

Infrastructure

26 July, 2019

Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again

Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but...

Jet Airways lenders attempt to sell bankrupt carrier again

Infrastructure

17 July, 2019

Jet Airways lenders attempt to sell bankrupt carrier again

Lenders to Jet Airways will open bids to sell the bankrupt airline on July 20, as they look to recover ......

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

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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Why a large number of firms are collapsing in insolvency tribunals

Finance

08 July, 2019

Why a large number of firms are collapsing in insolvency tribunals

A little more than two months ago, a bankruptcy court ordered the liquidation of ABG Shipyard Ltd—one of India’s biggest...

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Adani to get another chance for Dighi Port as JNPT withdraws bid

Infrastructure

04 July, 2019

Adani to get another chance for Dighi Port as JNPT withdraws bid

State-owned Jawaharlal Nehru Port Trust (JNPT) has withdrawn its bid to buy debt-laden Dighi Port Ltd after an insolvency court...

Asian Colour Coated Ispat's lenders approve takeover offer from JSW Steel

Manufacturing

01 July, 2019

Asian Colour Coated Ispat's lenders approve takeover offer from JSW Steel

Lenders to Asian Colour Coated Ispat Ltd have approved an offer from Sajjan Jindal-led JSW Steel Ltd to acquire the ......

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