Understanding challenges in CIRP while managing business as going concern
Amitesh Deshmukh Keeping a corporate debtor undergoing corporate insolvency resolution process as a going concern is one of the biggest...
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Govt panel not in favour of group insolvency for financial service providers
A government appointed panel has recommended keeping financial service providers out of the group insolvency framework, a report on which...
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...
Titagarh Wagons get temporary reprieve; NCLAT halts insolvency proceedings
Titagarh Wagons Ltd gets a temporary reprieve from the National Company Law Appellate Tribunal (NCLAT) when it stayed the initiation...
For success of sale as Going Concern under liquidation, more process rationalisation needed
Satyam Poddar Sale of a corporate debtor as Going Concern under liquidation process is needs further rationalisation of the processes...
LegalPay exits first interim finance deal with over 26% returns
Can interim finance be a lucrative business? LegalPay, a litigation and interim finance firm, recently exited an interim finance deal...
Committee of Creditor of Reliance Capital holds its first meeting
The first meeting of the Committee of Creditors of Reliance Capital was duly convened and conducted on Wednesday, January 5,...
GCCL Infra and Projects is first case under pre-packaged insolvency process
GCCL Infrastructure and Projects Limited becomes the first corporate debtor against which the Pre-Packaged Insolvency Resolution Process would initiate under...
Under Videocon resolution plan, govt agencies to receive Rs 5.7 crore against Rs 1,587 crore claims
As per the approved resolution plan of Vedanta Ltd for acquisition of Videocon group of companies, the Anil Agarwal-owned company...
First step to efficient asset recovery: Adopting correct method for establishing fair market Value
By Sharad Sharma An asset recovery professional has an exciting routine. He may have a regular job yet he is...