Ind-Barath Power (Madras) Ltd’s 641-acre Tuticorin plant heads to auction
A sprawling 641-acre power plant site in Tuticorin, Tamil Nadu, is set to go under the hammer on 29 June...
How IBC helped PSU banks cut down on bad loans in FY26
India's major public sector banks (PSBs) have doubled down on the Insolvency and Bankruptcy Code (IBC) and the National Company...
20-acre WB land parcel of Khaitan Electricals to go under the hammer on 10 June
Khaitan Electricals Limited, currently under liquidation pursuant to the Insolvency and Bankruptcy Code, 2016 (IBC), will auction a 20.52-acre freehold...
KLSR Infratech gets SC relief as insolvency plea gets dismissed; courts flag pressure tactics
The Supreme Court has upheld an order of the National Company Law Appellate Tribunal (NCLAT) setting aside insolvency proceedings initiated...
IBC helped banks recover Rs 4 lakh crore in 10 years: IBBI Chairman
India's Insolvency and Bankruptcy Code completed ten years of operation this month, with the insolvency regulator reporting that the law...
Govt dissolves SASF two decades after its creation to resolve IDBI bad loans
The Government of India has dissolved the Stressed Assets Stabilisation Fund (SASF), a special purpose vehicle created more than two...
Rs 21.6 crore assets of Sri Pavana Keerti Hotels on sale under liquidation process
Sri Pavana Keerti Hotels India Private Limited, which is undergoing liquidation under the Insolvency and Bankruptcy Code (IBC), has put...
ED’s PMLA case in Coastal Energen matter dropped; Adani-led resolution may face fresh challenge
In a new twist to the Coastal Energen corporate insolvency resolution case, wherein Adani group along with DAIT have emerged...
Parsvnath Developers dragged to insolvency court by ARCIL
Realty developer Parsvnath Developers has been admitted into corporate insolvency resolution process (CIRP) by the National Company Law Tribunal (NCLT),...
Prime real estate near Varanasi airport hits auction block in liquidation sale
A significant parcel of commercial land and buildings belonging to Varanasi Auto Sales Limited (VASL) has officially been put up...