Bhushan Power resolution plan implementation as per law: JSW Steel
JSW Steel has said that it implemented the resolution plan for Bhushan Power and Steel Ltd in compliance with law...
Bajaj Auto comes to the rescue of insolvency-bound KTM
Bajaj Auto Limited, through its wholly-owned Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIHBV), has made a critical intervention to...
Pashupati Dairies admitted into CIRP by NCLT Delhi
The National Company Law Tribunal (NCLT), New Delhi Bench (Court-VI), has admitted an insolvency petition against M/s Pashupati Dairies Private...
IREDA files Section 19 plea against Gensol Engineering in DRT
The Indian Renewable Energy Development Agency (IREDA) has intensified its efforts to recover significant dues from Gensol Engineering Limited and...
IBC results in 4% reduction in overall leverage: IBBI Study
The Insolvency and Bankruptcy Code (IBC) has triggered a paradigm shift in India’s corporate debt landscape, fostering fiscal discipline while...
IBC transforms India’s financial landscape: Forex hedging, bond markets, and exports gain momentum
The Insolvency and Bankruptcy Code (IBC), implemented in 2016, has catalyzed systemic improvements across India’s financial ecosystem, extending far beyond...
Aakash says EY has ‘serious conflict of interest’ in ongoing insolvency case against Byju’s
Aakash Educational Services Ltd. (AESL) has escalated its legal battle against Ernst & Young LLP (EY), alleging a “serious conflict...
How to claim unclaimed dividend or proceeds from a company under liquidation
The Insolvency and Bankruptcy Board of India (IBBI) manages unclaimed dividend and undistributed proceeds from companies undergoing liquidation through a...
NBCC sells Aspire Silicon City to AU Real Estate for Rs 1,468 crore
Aspire Silicon City, a previously stalled real estate project of the erstwhile Amrapali Group, has been sold to AU Real...
Nazara Technologies acquires Smaaash Entertainment for Rs 126 crore
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved Nazara Technologies Limited’s ₹126 crore resolution plan to acquire debt-laden...