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Cape Town Convention
  • Main Story

Over Rs 19,000-crore claims submitted by Go Airlines ticket holders, agents, vendors and lessors

InsolvencyT June 25, 2023 1

Go Airlines operational creditors -- which include individual ticket holders, agents/aggregators/payment gateways, vendor and lessors – have so far submitted...

Read MoreRead more about Over Rs 19,000-crore claims submitted by Go Airlines ticket holders, agents, vendors and lessors
Essar Power
  • Main Story

Gujarat Urja Vikas Nigam Ltd Vs Amit Gupta: Termination of PPA by creditor contrary to objective of IBC

InsolvencyT June 24, 2023 2

The Supreme Court of India in the case of Gujarat Urja Vikas Nigam Limited Vs Amit Gupta and others, delivered...

Read MoreRead more about Gujarat Urja Vikas Nigam Ltd Vs Amit Gupta: Termination of PPA by creditor contrary to objective of IBC
New Scheme of Education
  • Main Story

ICAI formulates new scheme of education in line with NEP

InsolvencyT June 23, 2023 0

The Institute of Chartered Accountants of India (ICAI) has formulated the New Scheme of Education and Training in lines with...

Read MoreRead more about ICAI formulates new scheme of education in line with NEP
Midland Polymers
  • Main Story

Midland Polymers CoC approves resolution plan by Gudapu Reddy Sreedar Reddy

InsolvencyT June 23, 2023 0

The committee of creditors (CoC) of Midland Polymers has approved the resolution plans submitted by Gudapu Reddy Sreedar Reddy with...

Read MoreRead more about Midland Polymers CoC approves resolution plan by Gudapu Reddy Sreedar Reddy
Insolvency Professionals
  • Uncategorized
  • Views

My learnings from dealing with insolvency cases

InsolvencyT June 22, 2023 0

Rohil Malhan, a young, aspiring restructuring and insolvency professional shares his learnings from dealing with insolvency cases. The learning experience...

Read MoreRead more about My learnings from dealing with insolvency cases
Jyoti Structures
  • Main Story
  • Uncategorized

Jyoti Structures fate hangs in balance as successful bidder fails to make timely payments

InsolvencyT June 21, 2023 0

More than four years after the NCLT approved the resolution plan of Jyoti Structures, the company is again facing the...

Read MoreRead more about Jyoti Structures fate hangs in balance as successful bidder fails to make timely payments
Wilful Defaulters
  • Main Story

RBI issues FAQs on circular regarding settlement with wilful defaulters

InsolvencyT June 20, 2023 0

After the outrage over its new circular over compromise settlement with wilful defaulters, the Reserve Bank of India (RBI) has...

Read MoreRead more about RBI issues FAQs on circular regarding settlement with wilful defaulters
US Corporate Bankruptcies
  • Main Story

US corporate bankruptcies tick up in May; YTD total highest since 2010

InsolvencyT June 19, 2023 0

US corporate bankruptcies crept higher in May over the prior month as higher interest rates and a slowing economy are...

Read MoreRead more about US corporate bankruptcies tick up in May; YTD total highest since 2010
Special Court
  • Main Story

Axis Bank vs Vidarbha Industries: A cursory look at SC judgment

InsolvencyT June 18, 2023 0

In the case of Axis Bank Ltd. v. Vidarbha Industries Power Limited, the Supreme Court of India held that the...

Read MoreRead more about Axis Bank vs Vidarbha Industries: A cursory look at SC judgment
Ebix files for chapter 11 bankruptcy
  • Main Story

Govt excludes certain obligations from moratorium provisions of IBC

InsolvencyT June 17, 2023 0

The government has changed the moratorium provisions under Section 14 of the Insolvency and Bankruptcy Code (IBC) to exclude certain...

Read MoreRead more about Govt excludes certain obligations from moratorium provisions of IBC

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We are advising a set of clients evaluating investment opportunities in distressed assets across the following categories:

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Anil Ambani Axis Bank bank of Baroda Bank of India Canara Bank CBI Central Bank of India Chapter 11 CIRP CoC Committee of Creditors DHFL Enforcement Directorate Hinduja Group homebuyers IBBI IBC ICAI ICICI Bank IDBI Bank IIHL Insolvency Insolvency Professional Kalrock Capital Liquidation liquidator MSME NCLAT NCLT NPAs Piramal Group PNB RBI real estate Reliance Capital Reliance Industries Resolution plan resolution professional SBI Sebi state bank of india Supreme Court Torrent Investments Union Bank of India Yes Bank
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