Third-party fraud allegation cannot be entertained under IBC: NCLAT
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea keeping a particular a plot of land out of...
NCLT
MSME promoter regains his firm after lengthy insolvency proceeding
Even as the government is planning to make sweeping changes in the insolvency and the bankruptcy laws for the MSME...
Plea of Uttam Value Steel operational creditors for fair treatment dismissed by NCLT
It is no secret that the operational creditors have got a raw deal when it comes to getting their outstanding...
Recovery rate at paltry 12.5% as only 7 insolvency cases saw resolutions in Apr-June
Covid19 has taken a toll on the whole insolvency ecosystem as is evident from the number of cases which saw...
The curious case of Era Infra
Era Infra was one of the 12 large loan default cases referred by the Reserve Bank of India to the...