NCLT approves Marvel Media-led consortium’s Rs 55-crore resolution plan for SAB TV Network
The NCLT has approved the plan submitted by the consortium of SAB Events & Governance Now Media Ltd, Marvel Media...
NCLT nod to BTL EPC’s resolution plan for McNally Bharat Engineering
The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by BTL EPC Limited for resolution of the...
Ebix Inc files for Chapter 11 bankruptcy; sells North America insurance biz to raise fund
Ebix, Inc. (NASDAQ: EBIX), a leading provider of on-demand software and e-commerce services for insurance, finance, and travel industries, has...
Insolvency regulator cancels IP registration of Manish Gupta after repeated contraventions
The Insolvency and Bankruptcy Board of India (IBBI) has cancelled the insolvency professional registration of Manish Gupta (registration number: IBBI/IPA-001/IP-P01131/2018-19/11826)...
IBBI, ISB invite research papers for 3rd International Research Conference on insolvency and bankruptcy
As the IBC continues to evolve, it becomes imperative to delve deeper into its intricacies, exploring novel perspectives and insights...
Reliance Communications CIRP: NCLT allows substitution of resolution applicant
The National Company Law Tribunal (NCLT) has approved the substitution of UV Asset Reconstruction Company Limited (UVARCL) with its affiliate,...
SC judgment in Celir LLP case to spur confidence in resolutions through SARFAESI: India Ratings
The recent judgment by the Supreme Court of India on the time-bound redemption rights of borrowers is advantageous for asset reconstruction...
IRDAI objects to Reliance General Insurance proposal to transfer 25% shared to Hindujas
In yet another setback to the Hinduja Group, the Insurance Regulatory and Development Authority of India (IRDAI) has objected to...
Talwalkars Better Value Fitness assets on sale
Liquidator Gajesh Labhchand Jain has offered for sale the assets of Talwalkars Better Value Fitness. The auction for the fitness...
NARCL completes acquisition of SREI Infra Finance & Equipment Finance
National Asset Reconstruction Company (NARCL) on 8th December 2023 signed documents for acquisition of the two SREI companies – SREI...