Data suggests that nearly 174,000 homes are stuck in seven big India cities. Buyers displayed aversion towards under-construction projects ...

However, promoters are also willing to pay up and settle the cases.

The central bank is unlikely to challenge the SC order.

A detailed verdict is awaited as to what would be status of the resolution of those companies already arrived at under the circular.

Lenders to Vijay Mallya seem uncertain about the fate of their dues after the beleaguered liquor baron was declared a fugitive economic off...

Under IBC the difference between secured financial creditors and unsecured financial creditors mostly has an implication on the priority of...

JSW Steel is in the race to acquire assets of Monnet Ispat and Bhushan Steel.

Brookfield will own 90% of the assets, according to the proposal. Brookfield’s local partner Kotak will hold the remaining 10%, sources rev...

On November 22, President Ram Nath Kovind gave his assent to a new section in the IBC.

This rule, which limits defaulting owners’ ability to buy back assets, is not retrospective.

Corporate guarantee is no more to be presumed as a comfort undertaking as it leads to definite monetary obligations dragging the corporate ...

The decision may allow small-ticket lenders to recover their money.

Cases from trade creditors before the National Company Law Tribunals (NCLT) are now on the wane.

Operational creditors are suppliers of goods or services to a defaulting company.

The implementation of RERA is likely to mean the end of special financing schemes such as the popular 20:80 scheme. Read on to find out why.

State Bank of India’s proposal to share 3-5 per cent of net profit with its employees as an incentive may encourage the government to exten...

The state-run giant also plans to give stock options to employees above the rank of assistant/deputy general manager, hoping that it will h...