CoC replaces IRP of Technofab Engineering; appoints Atul Mittal as RP
The committee of creditors of Technofab Engineering Limited voted to replace interim resolution professional Pradeep Kumar Kabra with resolution professional...
Year: 2023
IL&FS initiates interim distribution pay-out of Rs 3,200 cr in IFIN
IL&FS Group has initiated its largest interim distribution pay-out till date in IL&FS Financial Services Limited (IFIN), an IL&FS Group...
Exams for new session of Graduate Insolvency Programme on 14 May 2023
The registration process for the new session of Graduate Insolvency Programme (GIP) begins from 6 February 2023. The registration closes...
NCLT approves ASG Hospital’s Rs 526-cr bid for Vasan Health Care
The Chennai bench of the NCLT has approved the Rs 526 crore resolution plan by Jodhpur-based ASG Hospital Private Ltd...
One in 399 adults in UK became insolvent in 2022
One in 399 adults (at a rate of 25.0 per 10,000 adults) entered insolvency the UK in 2022. This is...
NCLT prescribes dress code for resolution professionals, authorised representatives
The National Company Law Tribunal (NCLT) has mandated a dress code for interim resolution professional, resolution professional and liquidators for...
15 Feb is last date for submission of EoI for RCI Industries and Technologies
The resolution professional of RCI Industries and Technologies Ltd has invited Expression of Interest (EoI) from prospective bidders for the...
NCLT orders against second round of auction in Reliance Capital CIRP
The National Company Law Tribunal (NCLT) has allowed Torrent Investments' plea challenging lenders' decision to hold a fresh round of...
“The company was always my passion”, says Kishore Biyani while stepping down as chairman of Future Retail
“The company was always my passion, and I have done everything in my power for its growth,” says an emotional...
Bombay HC erred by not questioning fairness of the decision to write off Yes Bank AT1 bonds
Two young scholars -- Harsh Vardhan & Bhargavi Zaveri Shah – question the Bombay High Court’s decision not to question...