The NCLAT has ruled that a Committee of Creditors cannot change a resolution plan's fund distribution for dissenting creditors once it is a...

The Insolvency and Bankruptcy Board of India (IBBI) has proposed changes in the resolution plan process to hold guarantors accountable, fol...

The leaders of G20 nations have agreed to address debt vulnerabilities in developing countries, including Zambia, Ghana, and Sri Lanka. The...

The National Company Law Tribunal (NCLT) on Friday gave Jalan-Kalrock consortium six more months till to make payment and take effective co...

The agenda for the meeting was not disclosed in a filing to the stock exchanges. Mails sent to the resolution professional for RCom on the ...

In the letter on Tuesday, the consortium has also sought a copy of the relevant minutes of the MC meetings in which the matter of CEO-desig...

While Reliance Capital completed the sale in September 2019, it has not been paid yet, Axis Bank said. The debt is still due as per the und...

According to the experts and sources working with a committee of creditors, who did not wish to be named, the order may block transfer of A...

According to experts, based on the NCLAT Judgement, the Resolution Plan of UV Asset Reconstruction Company Ltd. (UVARCL) for Aircel, which ...

UV Asset Reconstruction Company is learnt to have placed a bid of around Rs 14,700 crore, while Reliance Jio has made an offer of Rs 4,700 ...

Reliance Communications' committee of creditors (CoC) will hold a meeting on Wednesday, the company said in a regulatory filing on Tuesday.

Last week, Rcom Chairman Anil Ambani along with four directors had resigned from the company. The company posted a consolidated loss of Rs ...

Bharti group and private equity firm Varde Partners have submitted their bids for assets of RCom. The deadline extension was granted in ant...

Deloitte sought the refund, saying the Swedish company had to be treated at par with other operational creditors and that the insolvency re...

The review will be for the period between April 2014 and December 2018. The scope of the forensic audit is four-fold.

Banks will now take inter-creditor agreement to their respective boards for approval and it’s expected to go live later this month, Punjab ...

The meeting called by Indian Banks Association was also attended by Finance Minister Piyush Goyal, who had accepted the report of the Sunil...