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...
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“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...
SC foils another attempt of Deccan Value Investors to wriggle out of Amtek Auto insolvency case
Deccan Value Investors (DVI) attempts to wriggle out of the Amtek Auto corporate insolvency resolution process (CIRP) has faced another...
Manpasand Beverages faces flurry of insolvency petitions as losses mount, sales sink
Manpasand Beverages is facing a flurry of insolvency petitions even as losses continue to mount for the Vadodara, Gujarat-based manufacture...
How JNPT lost its bid for Dighi Port to Adani Ports & SEZ
Adani Ports and Special Economic Zone (APSEZ) completed the acquisition of 100% Dighi Port Limited for Rs 705 crore on...
No relationship between size of debt and delay in resolution under IBC, says IBBI study
Inordinate delay in the resolution process is one of the biggest challenges that the insolvency and bankruptcy regime in the...