NCLT
Finance
NCLTs lash out at insolvency resolution professionals over steep haircuts
“Get better resolutions…reduce haircuts…will not approve the plans with low value offerings...” These...
Economy
Bourses issue rules for bankrupt firms to address info asymmetry among investors
India’s two major stock exchanges BSE and NSE on Friday directed companies undergoing the insolvency process to make timely...
Consumer
NCLT approves Vedanta arm's bid to acquire bankrupt Videocon Industries
In an over 95% haircut to bankers, the Mumbai bench of insolvency tribunal has cleared Vedanta Group arm’s resolution plan...
Infrastructure
Jaypee Infratech lenders to consider bids on Thursday; Suraksha revises offer
Bankrupt realty developer Jaypee Infratech's committee of creditors (CoC) will consider bids of both state-owned NBCC (India)...
Finance
Awaited judgment on DHFL promoter will put bankruptcy law to test once again
The top court’s verdict on the first financial services company facing bankruptcy, likely to come in a few days, will ......
Finance
Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh
Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......
Finance
JM Financial Asset Reconstruction Company to exit another hotel asset
JM Financial Asset Reconstruction Company (ARC) is set to exit another hotel asset as the bankruptcy tribunal has okayed an ......
Finance
Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?
The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a...
Infrastructure
Lenders defer vote on Jaypee Infratech winner as suitors allowed two more days to revise bids
Lenders of bankrupt Jaypee Infratech today decided to defer vote on the winning resolution plan, giving two more days to ......
Infrastructure
Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner
The long-drawn-out battle for bankrupt real estate developer Jaypee Infratech will likely come to an end next week as the ......
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