Alok Industries Q3 numbers fail to impress; accumulated losses at Rs 21,000 crore
Alok Industries, which underwent a corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC) and the resolution process...
NCLAT dismisses insolvency regulator’s plea in GTL Infrastructure CIRP case
The National Company Law Appellate Tribunal (NCLAT) dismisses a plea filed by the insolvency regulator -- Insolvency and Bankruptcy Board...
IBC, pre-packed insolvency…govt lists measures to tackle problem of NPAs
The Minister of State for finance Bhagwat Karad has informed parliament that fresh slippages to NPAs as percentage of opening...
NCLAT notice to Torrent Investments over 2nd round of auctions in Reliance Capital CIRP
The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other respondents on a petition...
CoC replaces IRP of Technofab Engineering; appoints Atul Mittal as RP
The committee of creditors of Technofab Engineering Limited voted to replace interim resolution professional Pradeep Kumar Kabra with resolution professional...
IL&FS initiates interim distribution pay-out of Rs 3,200 cr in IFIN
IL&FS Group has initiated its largest interim distribution pay-out till date in IL&FS Financial Services Limited (IFIN), an IL&FS Group...
Exams for new session of Graduate Insolvency Programme on 14 May 2023
The registration process for the new session of Graduate Insolvency Programme (GIP) begins from 6 February 2023. The registration closes...
NCLT approves ASG Hospital’s Rs 526-cr bid for Vasan Health Care
The Chennai bench of the NCLT has approved the Rs 526 crore resolution plan by Jodhpur-based ASG Hospital Private Ltd...
One in 399 adults in UK became insolvent in 2022
One in 399 adults (at a rate of 25.0 per 10,000 adults) entered insolvency the UK in 2022. This is...
NCLT prescribes dress code for resolution professionals, authorised representatives
The National Company Law Tribunal (NCLT) has mandated a dress code for interim resolution professional, resolution professional and liquidators for...