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 ...

Resolution plans have on an average yielded a recovery of 93.4% of the fair value of the assets, says Shailendra Ajmera.

Five companies — Adani Enterprises, Vedanta Group, Dalmia Bharat Cement, Jindal Power, and PNC Infratech — have submitted ...

The petition, filed under Section 95 (1) of the Insolvency and Bankruptcy Code (IBC), 2016, pertained to a default amounting ...

Mumbai: Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more ...

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, ...

The Ahmedabad bench of the National Company Law Tribunal (NCLT) has approved the merger of Adani Cementation with Ambuja Cements, clearing the way for the Adani Group to streamline its cement ...

Since 2016, IBC has enabled the direct resolution of ₹12 lakh crore of debt for around 1,200 cases of stressed borrowers.

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.

The Supreme Court today directed the Union government to examine the manner of posting of Judicial and Technical members to National Company Law Tribunal (NCLT) benches across the country, expressing ...

Adani Group is the second-largest Cement manufacturer in the country with over 100 million tonnes per annum (MTPA) capacity.

The Supreme Court today asked the Union government to look into the manner of posting of Judicial/Technical members for the ...