Year: 2022

CA Final

Chartered accountants final exam 2022 results announced; only 12.6% cleared both papers

The Institute of Chartered Accountants of India (ICAI) on 15 July 2022 announced the result of Chartered Accountants Final Examination...

Asian Hotels (West)

Yes Bank to conduct Swiss Challenge auctions for Rs 48,000 crore stressed assets

Yes Bank proposes to run a transparent bidding process on Swiss Challenge basis for sale of the identified stressed assets...

RBI bars Edelweiss Asset Reconstruction Company

SC puts in abeyance CIRP of Vidarbha Industries Power on ground of existence of arbitral award

The Supreme Court ordered keeping in abeyance the Corporate Insolvency Resolution Process (CIRP) against Vidarbha Industries Power Limited on the...

Audit of Insolvency Resolution Process Cost

Credit monitoring start-up TruBoard raises $2.7 million from marquee investors

TruBoard Partners, a tech-enabled asset monitoring & collections platform, has raised an $2.7 million equity from investors lead by marquee...

National Law University, Delhi

National Law University, Delhi organises a certificate course on Insolvency and Bankruptcy

The Centre for Transnational Commercial Law National Law University, Delhi, in association with the Insolvency and Bankruptcy Board of India...

IL&FS

NCLAT rejects IL&FS request to extinguish claims of operational creditors of TN power arm

The National Company Law Appellate Tribunal (NCLAT) has rejected the petition of IL&FS board to extinguish the claim of the...

CCCL

NCLT rejects insolvency petition filed against Shapoorji Pallonji for a Rs 24 lakh default

An insolvency petition against Shapoorji Pallonji & Company Pvt Ltd has been rejected by the Mumbai bench of the National...

Interim Finance

LegalPay exits first interim finance deal with over 26% returns

Can interim finance be a lucrative business? LegalPay, a litigation and interim finance firm, recently exited an interim finance deal...

Litigation Finance

Insolvency regulator proposes early liquidation of defunct corporate debtors

Why waste time in trying to go for resolution of a corporate debtor which is defunct and has no or...

Resolution

Insolvency regulator proposes part resolution of corporate debtor’s assets, business

The insolvency regulator and the government, in order to make resolution under the Corporate Insolvency Resolution Process (CIRP) more viable,...