Chapter 7, 11, 13…all about US insolvency laws
There are several different chapters of the US Bankruptcy Code, each of which provides a different type of relief to...
Special features of insolvency laws in Cayman Islands
Cayman Islands, a well-known tax haven, accounts for a substantial amount of FDI in India. Many Indian promoters incorporate their...
GAIL (India) resolution plan for JBF Petrochemicals approved by NCLT
The Ahmedabad bench of the NCLT has given its nod to the resolution plan submitted by public sector GAIL (India)...
ILA sets up Emerging Scholars Group for research in insolvency, bankruptcy
Insolvency Law Academy, an independent think tank and research institution of insolvency, has set up Emerging Scholars Group (ESG), a...
IBBI conducts 27th Basic Workshop for Insolvency Professionals
The Insolvency and Bankruptcy Board of India (IBBI) is conducting a one-day Basic Workshop on Insolvency and Bankruptcy Code, 2016,...
Over 21,000 cases pending with NCLT, government informs parliament
The government has informed parliament that 21,205 cases are pending with different benches of National Company Law Tribunal (NCLT) as...
Can Jaypee Infratech ‘resolution’ be derailed, again?
As the euphoria around ‘resolution’ of the corporate insolvency resolution process of Jaypee Infratech finally settles down, it is time...
Resolution professional detects Rs 15,000 cr fraudulent transactions in Future Retail
The resolution professional of Future Retail – Vijay Kumar V Iyer-- has informed the exchanges that he has detected Rs...
Details of approved resolution plan for Jaypee Infratech
The corporate insolvency resolution process of Jaypee Infratech saw its closure (six years after the process started in August 2017)...
Religare Finvest completes one-time settlement with 16 lenders
Religare Enterprises Limited's wholly-owned subsidiary Religare Finvest Limited (RFL) has completed the One-Time-Settlement (OTS) with 16 lenders on 8th March...