Significance of Jaypee Infratech insolvency resolution process
The approval of Suraksha Realty’s resolution plan for Jaypee Infratech by NCLT marks the end of a long, tortuous plan...
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Adani Goodhomes acquires Radius Estates and Developers for Rs 32 crore
The year 2023 may not have started in the best possible way for the Insolvency and Bankruptcy Code (IBC). The...
12,825 pass CA Final exam; 41% of successful candidates girls
As many as 12,825 candidates have qualified in the CA Final examination, the results of which were announced on 10...
Realised value should not be compared with admitted claims to judge CIRP’s success: RBI
The banking regulator -- Reserve Bank of India (RBI) – has said that a comparison of realised value with admitted...
Road InvITs improve the credit quality of Rs 46,000 crore debt: Crisil
Infrastructure investment trusts (InvITs) in the roads sector have enhanced the credit quality1 of around Rs 46,000 crore debt till...
MT Educare faces insolvency proceedings for failing to pay Rs 5.5 crore to vendor
MT Educare Limited, an education support and coaching services provider, will face insolvency resolution process after the Mumbai bench of...
Wilful defaulters owe over Rs 3.11 lakh crore to banks as on 30 June 2022
Wilful defaulters owed over Rs 3.11 lakh crore to banks as on 30 June 2022, most to the public sector...
NCLT approves Pristine Malwa Logistics Rs 480 crore bid for Sical Logistics
The Chennai bench of the National Company Law Tribunal (NCLT) has approved the resolution plan of Pristine Malwa Logistics Park...
Gayatri Projects creditors submits claims of Rs 7,947 crore
Creditors of Gayatri Projects have submitted claims of Rs 7,947 crore as the corporate insolvency resolution process gets underway. The...
SC approves resolution plan of ArcelorMittal for Odisha Slurry Pipeline Infrastructure
In a significant victory for the ArcelorMittal Group, the Supreme Court of India on 10 November 2022 approved the resolution...