Yes Bank to conduct Swiss Challenge auctions for Rs 48,000 crore stressed assets
Yes Bank proposes to run a transparent bidding process on Swiss Challenge basis for sale of the identified stressed assets...
SC puts in abeyance CIRP of Vidarbha Industries Power on ground of existence of arbitral award
The Supreme Court ordered keeping in abeyance the Corporate Insolvency Resolution Process (CIRP) against Vidarbha Industries Power Limited on the...
Credit monitoring start-up TruBoard raises $2.7 million from marquee investors
TruBoard Partners, a tech-enabled asset monitoring & collections platform, has raised an $2.7 million equity from investors lead by marquee...
National Law University, Delhi organises a certificate course on Insolvency and Bankruptcy
The Centre for Transnational Commercial Law National Law University, Delhi, in association with the Insolvency and Bankruptcy Board of India...
NCLAT rejects IL&FS request to extinguish claims of operational creditors of TN power arm
The National Company Law Appellate Tribunal (NCLAT) has rejected the petition of IL&FS board to extinguish the claim of the...
NCLT rejects insolvency petition filed against Shapoorji Pallonji for a Rs 24 lakh default
An insolvency petition against Shapoorji Pallonji & Company Pvt Ltd has been rejected by the Mumbai bench of the National...
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...
Insolvency regulator proposes early liquidation of defunct corporate debtors
Why waste time in trying to go for resolution of a corporate debtor which is defunct and has no or...
Insolvency regulator proposes part resolution of corporate debtor’s assets, business
The insolvency regulator and the government, in order to make resolution under the Corporate Insolvency Resolution Process (CIRP) more viable,...
NCLT approves resolution plan for Bhatia Coke and Energy
The Chennai bench of the National Company Law Tribunal (NCLT) has given a go ahead to the joint bid by...