The Uttar Pradesh government has extended the rehabilitation package for housing project developers facing insolvency proceedings by two we...

The appellate tribunal's decision follows ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Man...

Lenders have approved a ₹9,660-crore resolution plan offered by Hinduja Group-promoted IndusInd International Holdings for Reliance Capital

The resolution professional of Go First has invited Expression of Interest (EoI) in the company from investors. The EoI allows a company or...

Last week, Amazon had accused FRL's independent directors of facilitating a "fraudulent stratagem" of transfer of 835 stores to Reliance Re...

Last month, National Company Law Appellate Tribunal (NCLAT) had stayed the insolvency proceeding initiated by NCLT in March 2022 against An...

The company on Monday informed the NCLAT about its settlement with the financial creditor, following which the appellate tribunal allowed i...

The poor resolution rate further delays reprieve for thousands of homebuyers left in the lurch by builders.

“We welcome the decision of the Court to put a stay on the constitution of CoC till the next hearing. We are adhering to all legal guidelin...

“In the present case, the corporate debtor has not filed any reply and written submissions till now. However, in view of the debt and defau...

A two-member bench of the National Company Law Appellate Tribunal headed by Chairperson S J Mukhopadhaya said that such observations agains...

Industry representatives demanded one-time loan restructuring of developers and changes in insolvency law to have maximum benefit from this...

The tribunal asked the government and IL&FS to provide a list of group companies that have the ability to meet payment obligations in the n...

ITNL said is in the process of reviewing the financials for the quarter ended Sep'18.

According to officials, Firestar Diamond that filed for bankruptcy in a US court is a subsidiary of one of the companies against whom the N...

The SBI official said home buyers and lenders must be put on "equal footing" and the losses should be borne at the same rate.

The founders have stated in their petition that the proposed rights issue amounted to forcing the minority holders to buy shares, violating...