Anil Ambani’s Reliance Big sold to ACME Group founder for Rs 3.5 crore
The financial creditors of would take a 99.5% haircut in the resolution of erstwhile Anil Ambani-promoted Reliance Big Private Limited’s...
Year: 2025
IL&FS Group to make interim payment of Rs 5,000 crore to creditors
IL&FS Group companies have initiated an interim distribution of Rs 5,000 crore – including Rs 3,500 crore of Infrastructure Investment...
What is all the fuss about Mumbai-based New India Co-operative Bank
The Reserve Bank of India (RBI) has taken decisive action against New India Co-operative Bank Ltd., Mumbai, by superseding its...
NCLT approves JSW Energy’s Rs 16,000cr resolution plan for KSK Mahanadi Power
The Hyderabad bench of the National Company Law Tribunal (NCLT) has officially approved the Rs 16,084-crore resolution plan proposed by...
Steps taken by IBBI to strengthen liquidation process
The Insolvency and Bankruptcy Board of India (IBBI) has introduced significant reforms to enhance liquidation outcomes under the Insolvency and...
Liquidity easing to moderate Indian banks’ net interest margins pressure as rates fall: Fitch Ratings
Pressure on Indian banks' net interest margins (NIM) from cuts in policy interest rates should be moderated by the Reserve...
Recruitment of managing director of IIIPI
The Indian Institute of Insolvency Professionals of ICAI (IIIPI) is a subsidiary of the Institute of Chartered Accountants of India...
SC upholds prior CCI approval mandate in HNGIL CIRP; quashes AGI Greenpac’s resolution plan
The Supreme Court of India has ruled that the Competition Commission of India (CCI) must approve any merger involving a...
Syllabus for Limited Insolvency Examination to be conducted on 5th May 2025
The Insolvency and Bankruptcy Board of India has published the syllabus and details of the Limited Insolvency Examination under regulation...
IBBI proposes end to ‘Going Concern’ sales in liquidation for faster resolutions
The Insolvency and Bankruptcy Board of India (IBBI) has proposed to eliminate the provision allowing sale of corporate debtors (CD)...