Day: October 14, 2020

NCLAT dismisses CIRP on doubts over financial creditor

NCLAT dismisses insolvency proceedings after doubts over financial creditor

An insolvency application under Section 7 of the Insolvency and Bankruptcy Code (IBC) admitted by the National Company Law Tribunal...

$150 billion stressed asset market

India offers $150 billion stressed assets market for foreign funds

India has an attractive $150 billion stressed assets market for foreign stressed assets funds to explore, and that the Insolvency...

Borrowing

Pre-pack insolvency framework likely soon; Panel to submit report in a week

Pre-packaged (pre-packs) insolvency resolutions are soon going to be a reality in India. The Committee set up under the Insolvency...