Insolvency process against Nagarjuna Fertilizers remains suspended
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has continued its stay on the Hyderabad NCLT’s 27...
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NFRA’s suggestion to exempt MSMEs from statutory audit may prove a hurdle in insolvency resolution
The National Financial Reporting Authority (NFRA)'s consultation paper -- Statutory Audit and Auditing Standards for Micro, Small and Medium Companies...
RIL, Welspun Group among four to bid for Sintex Industries
Reliance Industries and Welspun Group are among the four companies which have bid for acquiring Sintex Industries Ltd, a company...
480 insolvency cases filed so far against personal guarantors: Insolvency regulator
The provisions for insolvency resolution and bankruptcy relating to personal guarantors to corporate debtors came into force in December 2019....
Is the unending CIRP saga of Amtek Auto finally coming to a closure?
Would the Corporate Insolvency Resolution Process (CIRP) of Amtek Auto finally see the light of the day after the Supreme...
GCCL Infra and Projects is first case under pre-packaged insolvency process
GCCL Infrastructure and Projects Limited becomes the first corporate debtor against which the Pre-Packaged Insolvency Resolution Process would initiate under...
Piramal Enterprises completes acquisition of DHFL; fully pays off creditors
Piramal Enterprises Limited today announced the payment of consideration for the acquisition of Dewan Housing Finance Corporation Ltd. (DHFL), marking the...
Jet Airways to resume flights in Q1 2022
Jet Airways is all set to resume domestic operations in Q1 2022, according to the Jalan Kalrock Consortium, the successful...
Govt approves appointment of 18 members of NCLT
Given the concerns over vacant posts in National Company Law Tribunal (NCLT), the appointments committee of the cabinet has approved...
IBC is not a panacea for all ills: MS Sahoo
The insolvency and Bankruptcy Code (IBC) enables the market with the choices of resolution but it should not be considered...