SC dashes Gujarat NRE Coke promoter’s hope; bars him from proposing scheme of compromise during liquidation
The Supreme Court has dashed all hopes of Arun Kumar Jagatramka, the former promoter of Gujarat NRE Coke, of getting...
Main Story
Why Orchid Pharma shares have jumped 7,346% since relisting on exchanges
The Orchid Pharma share prices have surged from 7,346% since their relisting on exchanges on 2 November 2020. The share...
SC paves way for Rekha Jhunjhunwala-led consortium to acquire Ricoh India
The Supreme Court of India has reinstated the resolution application submitted by the consortium of Kalpraj Dharamshi and Rekha Jhunjhunwala for Ricoh India. The...
“Liquidation of EPC companies yields catastrophic outcomes”
India cannot achieve its infrastructure ambitions if hundreds of EPC companies languish in insolvency. A virtual session on ‘Distressed Debt in...
SC stays termination of power purchasing agreement by Gujarat Urja Vikas Nigam Ltd on grounds of insolvency
In an important judgment, the Supreme Court has said that the NCLT/NCLAT had correctly stayed the termination of the Power...
“Women naturally possess qualities required to be successful insolvency professionals”
As head of the Centre for Insolvency and Bankruptcy, Indian Institute of Corporate Affairs, Dr Neeti Shikha is in charge...
SC snubs UP police for arresting Jaypee Infratech IRP Anuj Jain; orders immediate release
The Supreme Court has chastised the UP police for arresting interim resolution professional Anuj Jain for arresting in a case...
Ongoing winding-up proceedings not a deterrent against filing insolvency petitions: Supreme Court
Insolvency application either under Section 7 or Section 9 of the Insolvency and Bankruptcy Code is an independent proceeding which...
Insolvency petition against Indiabulls Real Estate up for hearing tomorrow
Will Indiabulls Real Estate Ltd, a premium real estate developer, again survive an insolvency petition moved by Golden Homeland, a...
Here is why NCLT denies Jet Airways employees copy of resolution plan
The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed several petitions filed by Jet Airways employees seeking...