Yes Bank to conduct Swiss Challenge auctions for Rs 48,000 crore stressed assets
Yes Bank proposes to run a transparent bidding process on Swiss Challenge basis for sale of the identified stressed assets...
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SC puts in abeyance CIRP of Vidarbha Industries Power on ground of existence of arbitral award
The Supreme Court ordered keeping in abeyance the Corporate Insolvency Resolution Process (CIRP) against Vidarbha Industries Power Limited on the...
NCLAT rejects IL&FS request to extinguish claims of operational creditors of TN power arm
The National Company Law Appellate Tribunal (NCLAT) has rejected the petition of IL&FS board to extinguish the claim of the...
NCLT rejects insolvency petition filed against Shapoorji Pallonji for a Rs 24 lakh default
An insolvency petition against Shapoorji Pallonji & Company Pvt Ltd has been rejected by the Mumbai bench of the National...
Insolvency regulator proposes early liquidation of defunct corporate debtors
Why waste time in trying to go for resolution of a corporate debtor which is defunct and has no or...
Insolvency regulator proposes part resolution of corporate debtor’s assets, business
The insolvency regulator and the government, in order to make resolution under the Corporate Insolvency Resolution Process (CIRP) more viable,...
NCLT approves resolution plan for Bhatia Coke and Energy
The Chennai bench of the National Company Law Tribunal (NCLT) has given a go ahead to the joint bid by...
CBI files case against DHFL, promoters in a Rs 34,615 cr bank fraud
The Central Bureau of Investigation has registered a case against DHFL and its promoters Kapil Wadhawan and Dheeraj Wadhawan for...
Bids invited for Hyderabad-based Viceroy Hotels
The Hyderabad-based Viceroy Hotels has been undergoing the Corporate Insolvency Resolution Process (CIRP) since 2018 is yet to see a...
Regulator planning new insolvency framework for homebuyers
The Insolvency and Regulatory Board of India (IBBI), or the insolvency regulator, has been contemplating a separate regulatory framework for...