The tribunal observed that the resolution plan submitted by DVI fulfils all the requirements of regulations of the corporate insolvency res...

A two-judge bench headed by Justice Ajay Kumar Vatsavayi passed the order, which as per the law, provides DVIL with 30 days to complete the...

"We have not allowed the committee of creditors or resolution professional to issue fresh information memorandum or invitation calling for ...

Summoned for wilfully breaching terms of resolution plan it offered to Amtek Auto.

NCLAT listed the matter for next hearing on April 22 and said "CoC would not approve any other plan" in between.

The lenders have also requested NCLT to allow them to “recommence" the process for inviting resolution plans and exclude the litigation per...

US firm says the plan is not feasible due to ‘misrepresentation of facts & no consensus’

Monitoring committee will petition NCLT to seek more time to look for new takers, among other options.

Liberty House had won the assets in July and was expected to pay lenders Rs 4,810 crore by October.

Amtek Auto’s lenders and the insolvency professional are planning to seek NCLT’s view on Liberty House’s standing, according to two people ...

"We have received two binding bids and both the offers are in the range of Rs 1,400 crore to Rs 1,500 crore."

Lenders’ move comes after company’s bid for ABG Shipyard declared ineligible.

The three companies have combined dues of about Rs 22,300 crore.

The company has received binding bids from the two entities about 10-12 days ago.

In an embarrassing case, Amtek Auto managed to withdraw money from its account in IOB Hosur branch although loans taken from the bank’s Raj...

IBC allows resolution professionals to raise 'interim finance' during resolution process.

Lenders approached NCLT in Chandigarh early this week and suggested consulting firm EY.