Day: December 6, 2023

Sinnar Thermal Power

NCLT dismisses insolvency plea against Kerala State Electricity Board

The Insolvency and Bankruptcy Code (IBC) is not a recovery mechanism available to anyone with a claim exceeding the threshold...

Khaitan Electricals

Compulsorily Convertible Debentures are equity, not debt: Supreme Court

In a landmark decision, the Supreme Court has ruled that Compulsorily Convertible Debentures (CCDs) are to be treated as equity...