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IBC REVIEW PETITION
SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvenciesThe State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treate...
DoT seeks legal clarity on dues of insolvent telcosThe Department of Telecommunications is seeking legal guidance on adjusted gross revenue dues for companies like RCom and Aircel. This foll...
SC lists review petitions of JSW Steel and BPSL lenders in open court on July 31The Supreme Court will review its May 2 judgment regarding Bhushan Power and Steel (BPSL) liquidation, hearing petitions from JSW Steel and...
CJI to Form Bench on JSW, lenders’ plea against Bhushan Power liquidationChief Justice of India BR Gavai said he will soon constitute a bench to hear review petitions filed by JSW Steel and lenders of Bhushan Pow...
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...
SBI seeks review of SC ruling denying secured creditors priority over attached assetsThe State Bank of India has filed a review petition against the Supreme Court’s May 15 ruling, which held that secured creditors cannot cla...
Bhushan Power liquidation will hurt all stakeholders, JSW Steel and lenders tell SCJSW Steel and lenders are requesting the Supreme Court to review its order against JSW's acquisition of Bhushan Power & Steel Ltd. JSW clai...
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 ...
SC dismisses Adisri Commercial's appeal against insolvency proceedings on SREI FirmsThe Supreme Court dismissed Adisri Commercial's appeal against the admission of insolvency proceedings against SREI Infrastructure Finance ...
Dream11's parent company challenges insolvency petition in NCLAT appealOn Tuesday, Sporta Technologies, the parent company of Dream11, lodged an appeal with the National Company Law Appellate Tribunal (NCLAT) i...
NCLAT admits SBI plea against Lavasa ResolutionThis is the second bank objection to the loan default resolution of Lavasa Corporation, billed as the first private hill town project to be...
In setback for lenders, Supreme Court dismisses pleas over govt dues under IBCIn a setback for creditors, including State Bank of India and Indian Overseas Bank, the Supreme Court dismissed their petitions seeking a r...
SC rejects pleas seeking review of its judgment considering tax authorities as secured creditorsIndia's top court has rejected pleas which sought a review of its earlier judgment in which it said that statutory creditors like tax autho...
Banks seek review of SC order tagging statutory creditors as 'Secured' onesIn its September 6 order, the top court ruled that any insolvency resolution plan, approved by the financial creditors by ignoring the stat...
Realty Check: Just 4% IBC cases resolvedThe poor resolution rate further delays reprieve for thousands of homebuyers left in the lurch by builders.
Now no banker would think of outside settlement: Dalmia Bharat’s Singhi on SC's Binani judgementWith the Supreme Court lobbing the Binani Cement case back to the National Company Law Tribunal, Dalmia Bharat Group CEO Mahendra Singhi ca...
View: Resolution plans under IBC should adhere to principles of natural justiceIf the debtor company or its directors fail to avail the opportunity for submission of resolution plan, the creditors will be free to offer...