SC stays termination of power purchasing agreement by Gujarat Urja Vikas Nigam Ltd on grounds of insolvency
In an important judgment, the Supreme Court has said that the NCLT/NCLAT had correctly stayed the termination of the Power...
How women insolvency professionals have fared in IBC: An analysis in numbers
Clockwise from top left: Mamta Binani, Charu Desai and Vandana Garg How have women insolvency professionals (IPs) fared in the...
“Women naturally possess qualities required to be successful insolvency professionals”
As head of the Centre for Insolvency and Bankruptcy, Indian Institute of Corporate Affairs, Dr Neeti Shikha is in charge...
Resolution of DHFL’s distress: A shot in the arm for IBC financial services provider’s rules
Anchal Jindal, Senior Associate, Areion Group By Anchal Jindal The resolution of insolvency crisis of Dewan Housing Finance Corporation Limited...
First step to efficient asset recovery: Adopting correct method for establishing fair market Value
By Sharad Sharma An asset recovery professional has an exciting routine. He may have a regular job yet he is...
SC snubs UP police for arresting Jaypee Infratech IRP Anuj Jain; orders immediate release
The Supreme Court has chastised the UP police for arresting interim resolution professional Anuj Jain for arresting in a case...
Ongoing winding-up proceedings not a deterrent against filing insolvency petitions: Supreme Court
Insolvency application either under Section 7 or Section 9 of the Insolvency and Bankruptcy Code is an independent proceeding which...
Insolvency petition against Indiabulls Real Estate up for hearing tomorrow
Will Indiabulls Real Estate Ltd, a premium real estate developer, again survive an insolvency petition moved by Golden Homeland, a...
January consumer insolvencies in Canada drop 36% Y-o-Y
The total number of insolvencies (bankruptcies and proposals) in Canada decreased by 3.7% in January 2021 compared to the previous month....
Pre-pack sales to face mandatory independent scrutiny in UK; govt puts out draft rules
The UK government has put out draft regulations in Parliament which implement the requirement for mandatory independent scrutiny of pre-pack...