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Meeting with heads of ARCs
  • Main Story

New pre-pack framework allows promoters to keep control of CD; stipulates a shorter timeline

InsolvencyT January 8, 2021 0

And the much-awaited pre-pack scheme is here. The government-constituted sub-committee of Insolvency Law Committee has finally drafted the pre-pack framework,...

Read MoreRead more about New pre-pack framework allows promoters to keep control of CD; stipulates a shorter timeline
Garden Silk Mills
  • Main Story

In first resolution of 2021, MCPI Pvt Ltd takes over the reins of Surat-based Garden Silk Mills

InsolvencyT January 8, 2021 0

The year 2021 saw its first resolution under the Insolvency and Bankruptcy Code (IBC), when the Ahmedbad bench of the...

Read MoreRead more about In first resolution of 2021, MCPI Pvt Ltd takes over the reins of Surat-based Garden Silk Mills
BTVI was owned by Anil Ambani
  • Editor's pick

Another Anil Ambani firm faces insolvency; NCLT admits IBC petition against Business Broadcast News

InsolvencyT January 7, 2021 0

New service agency -- Cogencis Information Services – has initiated insolvency proceedings against Business Broadcast News Private Limited, the erstwhile...

Read MoreRead more about Another Anil Ambani firm faces insolvency; NCLT admits IBC petition against Business Broadcast News
Nirav Modi
  • Fraud

Sister, brother-in-law turn approver in Nirav Modi bank fraud case; reveals Rs 580 cr more assets of the fugitive

InsolvencyT January 7, 2021 0

Nirav Modi’s sister Purvi Modi and her husband Maiank Mehta have filed application before Special PMLA Court in Mumbai asking...

Read MoreRead more about Sister, brother-in-law turn approver in Nirav Modi bank fraud case; reveals Rs 580 cr more assets of the fugitive
Graduate Insolvency Program Common Entrance Test (GIPCET)
  • News
  • Trending Story

Entrance test for Graduate Insolvency Programme to be held on 9 May; registration begins from 20 January

InsolvencyT January 7, 2021 0

The Graduate Insolvency Programme Common Entrance Test (GIPCET) for 2021-23 session will be held on 9 May 2021, the registration...

Read MoreRead more about Entrance test for Graduate Insolvency Programme to be held on 9 May; registration begins from 20 January
Corporate Debtor Three C Shelters
  • Main Story

Can a corporate debtor file insolvency petition against another? Yes, says NCLAT

InsolvencyT January 6, 2021 0

Can a company, against which an insolvency proceeding is undergoing, file insolvency application against another? In an order dismissing a...

Read MoreRead more about Can a corporate debtor file insolvency petition against another? Yes, says NCLAT
Uttam Galva Steels
  • Trending Story

Nithia Capital and CarVal complete acquisition of Uttam Galva Metallics, Uttam Value Steel

InsolvencyT January 5, 2021 1

Nithia Capital, a global distressed alternative asset manager and advisors, and CarVal Investors, a global alternative investment manager focused on...

Read MoreRead more about Nithia Capital and CarVal complete acquisition of Uttam Galva Metallics, Uttam Value Steel
Landmark Judgements
  • Regulators

Regulator red-flags actions of IP Anil Goel again; lets him off with warning

InsolvencyT January 5, 2021 0

Insolvency professional Anil Goel, who earlier also had a brush with the insolvency law, was once again under the insolvency...

Read MoreRead more about Regulator red-flags actions of IP Anil Goel again; lets him off with warning
Ansal Properties and Infrastructure
  • Main Story

Insolvency Professional must keep records of CIRP safe for 8 years

InsolvencyT January 5, 2021 0

An Insolvency Professional (IP) should preserve copies of records generated in electronic form for a minimum period of eight years,...

Read MoreRead more about Insolvency Professional must keep records of CIRP safe for 8 years
Australia
  • International news

Australia rolls back changes in insolvency laws triggered by Covid-19 from 1 January

InsolvencyT January 4, 2021 0

Even as India extended the suspension of Insolvency and Bankruptcy Code till March 2021, many countries have started rolling back...

Read MoreRead more about Australia rolls back changes in insolvency laws triggered by Covid-19 from 1 January

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Notice

We are advising a set of clients evaluating investment opportunities in distressed assets across the following categories:

  • Commercial Real Estate Assets

  • Hospitality Assets (Hotels and/or Hospitals)

  • Other Institutional-Grade Assets (IT/ITES / Office Buildings)

  • Residential Land Parcels

  • Power plants & machinery

    Though our investors prefer private treaties and bilateral transactions, we could also explore good deals through public platforms

Businesses, promoters, lenders, or stakeholders seeking to divest distressed assets in the above categories may connect with us directly.

Interested parties may write to: insolvencytracker@gmail.com
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All communications will be treated with strict confidentiality.

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Anil Ambani Axis Bank bank of Baroda Bank of India Canara Bank CBI Central Bank of India Chapter 11 CIRP CoC Committee of Creditors DHFL Enforcement Directorate Hinduja Group homebuyers IBBI IBC ICAI ICICI Bank IDBI Bank IIHL Insolvency Insolvency Professional Kalrock Capital Liquidation liquidator MSME NCLAT NCLT NPAs Piramal Group PNB RBI real estate Reliance Capital Reliance Industries Resolution plan resolution professional SBI Sebi state bank of india Supreme Court Torrent Investments Union Bank of India Yes Bank

Tags

Anil Ambani Axis Bank bank of Baroda Bank of India Canara Bank CBI Central Bank of India Chapter 11 CIRP CoC Committee of Creditors DHFL Enforcement Directorate Hinduja Group homebuyers IBBI IBC ICAI ICICI Bank IDBI Bank IIHL Insolvency Insolvency Professional Kalrock Capital Liquidation liquidator MSME NCLAT NCLT NPAs Piramal Group PNB RBI real estate Reliance Capital Reliance Industries Resolution plan resolution professional SBI Sebi state bank of india Supreme Court Torrent Investments Union Bank of India Yes Bank
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