While granting bail, the court recorded differences between details of the probable and actual proceeds of crime submitted by the Enforceme...

The Court has recorded the stark difference between the probable proceeds of crime and the actual proceeds of crime attached by the Enforce...

NCLT has approved JSW Steel's Rs 19,700 cr resolution plan for debt-ridden Bhushan Power & Steel Ltd.

As many as 378 companies with total creditor claims of Rs 2,57,642 cr have so far been sent into liquidation.

JSW Steel had made a Rs 19,650-crore offer, which included upfront payment of Rs 19,300 crore.

"Today CoC meeting of Bhushan Power & Steel was held .... Surprisingly, sanctity and confidentiality of meeting was breached ... news of de...

According to the sources privy to the development, Tata Steel in its letter has alleged that the CoC was not following legal process as per...

The IRPs would complete the debt resolution proceedings at the two companies even though they have resigned from BDO.

NCLT’s Delhi principal bench will hear the matter on April 4.

Following this, the creditors' meeting that was supposed to be held on Wednesday has been cancelled until a final order for the case comes ...

"The Committee of Creditors (CoC) will meet on March 14 to evaluate the criteria and declare the H1 bidder for Bhushan Power and Steel," a ...

Ebix Inc, a supplier of on-demand software solutions and e-commerce services to the insurance industry in offshore and custom software deve...

"Resolution plans for Bhushan Power & Steel Ltd are already in the process and the same are likely to be finalised within March 2018," Khan...

The interim resolution professionals had resigned from the Belgian company’s arm as partners in January to join rival PwC.

Liberty House also explained to the NCLT that it wants to do business in India as there is no better time than this, the company's spokespe...

"India should encourage entrepreneurs like us to invest in India," said a Liberty House spokesperson.

Race for the takeover of the bankrupt firm to now be between Tata Steel and JSW steel; bids from the two interested entities were disclosed...