Another Future Group company — Future Supply Chain Solutions — faces insolvency proceedings
Another Future Group company – Future Supply Chain Solutions – is now going to face insolvency resolution process after the...
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Now Torrent group revises bid for Reliance Capital; offers Rs 8640 cr in upfront cash
In another twist to the Reliance Capital corporate insolvency resolution professional, Torrent group has now revised its bid and is...
CA Final and intermediate Exam results to be announced on 10 Jan
The results of the Chartered Accountants Final (CA Final) and Intermediate examination held in November 2022 are likely to be...
Chapter 13 bankruptcy filings in US increased 32% in 2022
Individual Chapter 13 bankruptcy filings in the US during calendar year 2022 increased 32% to 149,072 from the 2021 total...
3,000 homebuyers submit Rs 3,192 cr claims against Ansal Properties and Infrastructure
Around 3,000 homebuyers have submitted claims of Rs 3,192 crore under the corporate insolvency resolution process of Ansal Properties and...
NARCL emerges the highest bidder for SREI Infrastructure Finance, SREI Equipment Finance
National Asset Reconstruction Company Ltd (NARCL) has emerged as the highest bidder for SREI Infrastructure Finance and SREI Equipment Finance in...
NCLT asks CoC not to consider Hinduja group’s bid for Reliance Capital
The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the committee of creditors (CoC) of Reliance Capital...
Indian Performing Right Society files insolvency petition against Zee Entertainment
Zee Entertainment faces fresh troubles as yet another creditor files an insolvency petition against the media company. In an exchange...
Religare Finvest enters one-time settlement with 16 lenders
Religare Finvest Limited along with its parent company – Religare Enterprises -- has entered into a One-time Settlement Agreement on...
Major IBC related regulatory changes in 2022
The year 2022 saw many important regulatory changes/amendments in the Insolvency and Bankruptcy Code in order to make it more...