ILA sets up Emerging Scholars Group for research in insolvency, bankruptcy
Insolvency Law Academy, an independent think tank and research institution of insolvency, has set up Emerging Scholars Group (ESG), a...
Month: March 2023
IBBI conducts 27th Basic Workshop for Insolvency Professionals
The Insolvency and Bankruptcy Board of India (IBBI) is conducting a one-day Basic Workshop on Insolvency and Bankruptcy Code, 2016,...
Over 21,000 cases pending with NCLT, government informs parliament
The government has informed parliament that 21,205 cases are pending with different benches of National Company Law Tribunal (NCLT) as...
Can Jaypee Infratech ‘resolution’ be derailed, again?
As the euphoria around ‘resolution’ of the corporate insolvency resolution process of Jaypee Infratech finally settles down, it is time...
Resolution professional detects Rs 15,000 cr fraudulent transactions in Future Retail
The resolution professional of Future Retail – Vijay Kumar V Iyer-- has informed the exchanges that he has detected Rs...
Details of approved resolution plan for Jaypee Infratech
The corporate insolvency resolution process of Jaypee Infratech saw its closure (six years after the process started in August 2017)...
Religare Finvest completes one-time settlement with 16 lenders
Religare Enterprises Limited's wholly-owned subsidiary Religare Finvest Limited (RFL) has completed the One-Time-Settlement (OTS) with 16 lenders on 8th March...
Indian Oil Corporation set to acquire assets of Mercator Petroleum
Public sector oil marketing company -- Indian Oil Corporation – has emerged as the successful resolution applicant in the corporate...
Future Enterprises to undergo insolvency process after failing to clear Rs 1-cr debt
After Future Retail, another Future group company – Future Enterprises – will undergo corporate insolvency resolution process (CIRP) after the...
Significance of Jaypee Infratech insolvency resolution process
The approval of Suraksha Realty’s resolution plan for Jaypee Infratech by NCLT marks the end of a long, tortuous plan...