In a notice to Singal dated August 31 SBI had said total loans of Rs 12,276 crore were due to the bank by the company and are now in defaul...

The case burden in NCLT on account of IBC has been overwhelming. Over 24,000 applications were filed since IBC’s commencement in December 2...

Vacating its earlier stay, the appellate tribunal has directed the committee of creditors (CoC) of the company to consider the resolution p...

Lenders are likely to be impacted as barring promoters from bidding would bring down the value of these assets, at least three senior banke...