Rs 1,814-crore resolution plan for Lavasa Corporation gets NCLT approval
The Mumbai bench of NCLT has approved the Rs 1,814-crore resolution plan submitted by Darwin Platform Infrastructure (DPIL) for Lavasa...
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Verdict in Rainbow Papers Ltd case ignored Section 53 of IBC: SC
The Supreme Court in a recent order in Paschimanchal Vidyut Vitran Nigam Ltd. v. Raman Ispat Private Limited & Ors...
Rs 501-crore resolution plan for Indu Projects gets NCLT approval
The Rs 501-crore resolution plan submitted by B Subba Reddy in consortium with C Venkateswara Reddy for Indu Projects Limited...
IICA, NALSAR University start LLM in insolvency and bankruptcy law
The National Academy for Legal Studies and Research (NALSAR) in collaboration with Indian Institute of Corporate Affairs (IICA) is offering...
Golden Tobacco insolvency process extended by 90 days till 22 Sep
The committee of creditors (CoC) of Golden Tobacco has approved the extension of Insolvency Resolution Process period by 90 days...
My learnings from dealing with insolvency cases
Rohil Malhan, a young, aspiring restructuring and insolvency professional shares his learnings from dealing with insolvency cases. The learning experience...
Jyoti Structures fate hangs in balance as successful bidder fails to make timely payments
More than four years after the NCLT approved the resolution plan of Jyoti Structures, the company is again facing the...
Only one resolution applicant for Ansal Properties Ferhill Project
Only one resolution plan has been submitted for Fernhill Project, a Gurgaon-based housing project of Ansal Properties and Infrastructure. A...
Inventory auction of erstwhile Nirav Modi firm Firestar Diamond fetches Rs 32 crore
The liquidator of Firestar Diamond International Pvt Ltd managed to raise Rs 32.16 crore from the auction of precious inventory...
Intent of corporate debtor irrelevant in establishing existence of preferential transaction: NCLAT
Can money arranged from relative by a corporate debtor be held as preferential transaction? The National Company Law Appellate Tribunal...