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ABP News on MSNIBC Resolved Rs 12 Lakh Crore In Bad Loans Over 9 Years, But Resolution Time Doubled: CRISILIn addition to resolution under IBC, the report pointed out that nearly 30,000 cases involving around Rs 14 lakh crore of ...
The NCLT Ahmedabad admitted IREDA's plea for insolvency against Gensol Engineering Ltd over Rs 510.10 crore loan default.
Mumbai: Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more ...
Since 2016, total resolved debt through various mechanisms has touched Rs 48 lakh crore. Of this, the IBC has shown the highest recovery rate of around 30-35 per cent, compared to 22 per cent for ...
Sreekanth Reddy, Joint MD of Sagar Cements said Andhra Cement, which Sagar acquired through National Company Law Tribunal (NCLT), has outperformed expectations and is now a standout asset.
Indore (Madhya Pradesh): The Supreme Court on Tuesday expressed concern over irregularities in the appointment and posting of members to the National Company Law Tribunal (NCLT) benches across India, ...
Enforcement Directorate arrests Universal Buildwell promoters for real estate fraud, diverting funds for personal gain, ...
Close to the end of IBC's first decade, the timeline for Corporate Insolvency Resolution Process (CIRP) resolution continues ...
Five companies — Adani Enterprises, Vedanta Group, Dalmia Bharat Cement, Jindal Power, and PNC Infratech — have submitted ...
The recent controversial judgment rendered by the Supreme Court in Kalyani Transco v. Bhushan Power & Steel Ltd.(“Bhushan Steel”) ignited a lot of debate on ...
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The accused were produced before a special court in Gurugram and were remanded to the custody of the anti-money laundering agency until July 29.
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