Welspun Group acquires Sintex-BAPL for Rs 1,251 crore
The National company Law Tribunal (NCLT) has approved the Rs 1,251 crore resolution plan submitted by Propel Consortium – a...
Year: 2023
SC gives a go-ahead to second round of auction for Reliance Capital
The Supreme Court of India on Monday gave a major setback to Torrent Investments as it refused to stay NCLAT...
Ansal Properties invites EoI for Fernhill project; 29 March last date for submission of EoI
The Insolvency Resolution Professional (IRP) -- Ashwani Kumar Singla – has invited Expression of Interest (EoI) for Fernhill Project, Gurgaon,...
Swan Energy to delay upfront payment for Reliance Naval and Engineering
Swan Energy Limited (SEL), the successful resolution applicant for Reliance Naval and Engineering Ltd, has sought more time for the...
Chapter 7, 11, 13…all about US insolvency laws
There are several different chapters of the US Bankruptcy Code, each of which provides a different type of relief to...
Special features of insolvency laws in Cayman Islands
Cayman Islands, a well-known tax haven, accounts for a substantial amount of FDI in India. Many Indian promoters incorporate their...
GAIL (India) resolution plan for JBF Petrochemicals approved by NCLT
The Ahmedabad bench of the NCLT has given its nod to the resolution plan submitted by public sector GAIL (India)...
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...
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...