NCLT asked to deliver final verdict on Bharati Defence & Infrastructure liquidation case within a week
The National Company law Appellate Tribunal (NCLAT) has asked the Mumbai Bench of the National Company law Tribunal (NCLT) to...
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ArcelorMittal gets temporary relief from paying Rs 1,300 cr more in Essar Steel insolvency case
ArcelorMittal India has got a stay order against the payment of Rs 1,300 crore additional CIRP cost by 15 December...
Paper 1 of CA Foundation Exam on 8 Dec postponed by five days; to be held on 13 Dec
It is notified for general information that, due to unavoidable circumstances, the CA Foundation Exam, Paper– 1, Principles and Practice...
On what parameters should an insolvency professional be judged? Here are some views
It has been more than four years since the Insolvency and Bankruptcy Code (IBC) came into existence. And during these...
NCLAT reprimands Excise Dept for delay in filing claims; causing loss to exchequer
The National Company Law Appellate Tribunal (NCLAT) has chastised the Excise and Taxation Department of Haryana government for its negligence...
NCLT approves Jio’s Rs 3,720-crore bid for Reliance Infratel
Mukesh Ambani-owned Reliance Jio has acquired brother Anil Ambani’s Reliance Infratel Ltd through its associate company Reliance Digital Platform &...
NCLAT rejects employees’ plea for access to CoC meetings
The National Company Law Appellate Tribunal (NCLAT) has rejected an appeal by the employees of Corporate Debtor Sejal Glass Ltd...
Bankers take 80% haircut in 22 insolvency resolutions in July-September; total recovery at Rs 3,779 cr
As many as 22 CIRP resolutions were reported to the Insolvency and Bankruptcy Board of India (IBBI) in the July-September...
Resolution professional can’t act on behalf of corporate debtor beyond CIRP: Delhi HC
Can a resolution professional (RP) continue to act on behalf of the corporate debtor once the plan is approved and...
NCLT reconstitutes benches for regular hearing from 1 December
The NCLT benches have been reconstituted to attend regular hearing through video conference with effect from 1 December 2020. The...