IBC helped banks recover Rs 4 lakh crore in 10 years: IBBI Chairman
India's Insolvency and Bankruptcy Code completed ten years of operation this month, with the insolvency regulator reporting that the law...
Govt dissolves SASF two decades after its creation to resolve IDBI bad loans
The Government of India has dissolved the Stressed Assets Stabilisation Fund (SASF), a special purpose vehicle created more than two...
Rs 21.6 crore assets of Sri Pavana Keerti Hotels on sale under liquidation process
Sri Pavana Keerti Hotels India Private Limited, which is undergoing liquidation under the Insolvency and Bankruptcy Code (IBC), has put...
ED’s PMLA case in Coastal Energen matter dropped; Adani-led resolution may face fresh challenge
In a new twist to the Coastal Energen corporate insolvency resolution case, wherein Adani group along with DAIT have emerged...
Parsvnath Developers dragged to insolvency court by ARCIL
Realty developer Parsvnath Developers has been admitted into corporate insolvency resolution process (CIRP) by the National Company Law Tribunal (NCLT),...
Prime real estate near Varanasi airport hits auction block in liquidation sale
A significant parcel of commercial land and buildings belonging to Varanasi Auto Sales Limited (VASL) has officially been put up...
Rs 60-cr worth of Gitanjali Gems Mumbai properties on sale
The liquidator of fraud-hit Gitanjali Gems has put a clutch of residential and commercial properties in Mumbai on the block...
Oberoi Realty-led consortium completes acquisition of Hotel Horizon for Rs 920 crore
Oberoi Realty Limited on Thursday said that the consortium led by it has completed the implementation of the resolution plan...
SC restores Alpha Corp’s resolution plan for Earth Infrastructures, ending decade-long wait for 3,000 buyers
The Supreme Court of India has restored Alpha Corp Development Limited's resolution plan for three stalled projects of Earth Infrastructures...
Baggit India invites EoI from bidders; last day for submission 14 May
Handbag and lifestyle accessories brand Baggit India Private Limited has formally invited expressions of interest (EOIs) from prospective resolution applicants...