Bhushan Steel and Power's ex-promoters seek open court hearing on liquidation review plea; CJI to constitute a benchThe former promoters of Bhushan Steel and Power Limited have appealed to the Supreme Court. They want their review petition against the com...
21 Jul, 2025, 01.40 PM IST
JSW Steel moves Supreme Court, seeks rehearing on ₹19,300 cr Bhushan Power deal blowJSW Steel has approached the Supreme Court. It seeks a review of the May 2nd order. The order had scrapped its acquisition of Bhushan Power...
25 Jun, 2025, 09.49 PM IST
Bhushan Power and Steel lenders move SC for review of JSW Steel decisionPunjab National Bank led lenders of Bhushan Power and Steel have approached the Supreme Court. They want a review of the order against JSW ...
16 Jun, 2025, 11.13 PM IST
Not as simple as ABC, but miss IBC deadlines and liquidation loomsThe Supreme Court's decision in the JSW Steel-Bhushan Power & Steel case brings attention to the delayed insolvency resolutions. Experts wa...
07 May, 2025, 12.36 AM IST
Make insolvency more soluble: Reforming India's IBC process for better accountabilitySupreme Court has ordered the liquidation of Jet Airways, criticizing NCLAT for ignoring its earlier judgment. This may result in creditors...
29 Nov, 2024, 11.04 PM IST
Byju's auditor BDO resigns a year after Deloitte’s exit: a timeline of eventsTroubled edtech company Byju's said in a statement that its auditing firm, MSKA Associates, an affiliate of BDO International, resigned bec...
07 Sep, 2024, 04.51 PM IST
NCLT to hear Reliance Capital-IIHL resolution case on Wednesday, expected to issue direction to partiesThe Mumbai bench of NCLT was expected to consider an application from Reliance Capital's Administrator, urging IIHL to implement a resoluti...
06 Aug, 2024, 08.45 PM IST
IIHL fails to deposit money as per NCLT order, RCAP admin tells tribunal; IIHL denies contempt chargeThe administrator of Reliance Capital claimed IIHL did not comply with a tribunal's order by placing funds in incorrect accounts. IIHL stat...
04 Aug, 2024, 08.37 PM IST
Hindujas, Rcap creditors spar over paymentsCreditors of Reliance Capital, represented by Vistra ITCL and IndusInd International Holdings Ltd (IIHL), are at odds over payment issues a...
02 Aug, 2024, 08.24 PM IST
Jaypee case: Suraksha objects to scheduled CoC meet to discuss NBCC offer; warns of legal actionThe latest development comes hours after the IRP called for a meeting of the CoC in the morning of May 24 to discuss state-owned NBCC's add...
23 May, 2021, 08.06 PM IST
Ahead of voting to decide new owner of DHFL, Oaktree fires fresh salvo against Piramal bidA key point that Oaktree is harping on is the structure Piramal’s have proposed in their business plan, that involves a merger between DHFL...
28 Dec, 2020, 09.46 AM IST
DHFL lenders are planning fresh bids with revised termsEven though the four bidders – Oaktree Capital, Adani Properties, Piramal Enterprises and SC Lowy — are yet to receive any official communi...
25 Nov, 2020, 09.51 AM IST
JSW Steel seeks time till March to close BPSL dealThe company has sought “flexibility up to March 31, 2021, for implementation” of the Rs 19,700 crore resolution plan due to the “dislocatio...
28 Jun, 2020, 01.42 PM IST
Release funds for interim finance, NCLT tells Jet Airways’ lendersThe National Company Law Tribunal (NCLT) also directed Indian Overseas Bank, which filed applications at the tribunal for exemption from pa...
09 Jan, 2020, 06.47 AM IST
NCLAT refuses to stay voting by Jaypee Infratech creditor's panelRefusing to entertain the plea by banks, a two-member NCLAT bench headed by S J Mukhopadhaya also warned banks that they would get "zero ru...
14 May, 2019, 07.40 PM IST
Sterling SEZ: NCLT gives an earful to bankers, orders their personal presence FridayNitin and Chetan Sandesara are absconding and are believed to be abroad and are facing a Delhi court trail to declare them fugitive economi...
25 Apr, 2019, 09.54 PM IST
South China Sea emerging as a dangerous flashpointChina’s exercise of might over its much smaller neighbours has turned the area a dangerous flashpoint.
01 Aug, 2018, 05.01 PM IST