Details of resolution plan for Reliance Communications Infrastructure
The National Company Law Tribunal (NCLT) Mumbai on 20 December 2023 gave its approval to a resolution plan submitted by...
NCLAT gives back control of Appu Hotels to original owners; terminates insolvency resolution process
The National Company Law Appellate Tribunal (NCLAT) has delivered a decisive verdict in favor of the existing promoters of Appu...
NCLT allows Mukesh Ambani firm to acquire Reliance Communications Infrastructure
After four years of navigating the insolvency process, Reliance Communications Infrastructure Limited (RCIL) has finally received a lifeline. The National...
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...