Siva group founder C Sivasankaran's father, RCK Vallal, offered the settlement under Section 12A of the Insolvency and Bankruptcy Code, whi...

In a one line ruling, the two judge bench of L Nageswara Rao and BR Gavai stayed the Chennai NCLAT judgment dated January 28, 2022 until fu...

"If the time period for Corporate Insolvency Resolution Period (CIRP) was extended but the Resolution Plan was not accepted by NCLT then li...

The settlement offer under Section 12A was made by RCK Vallal, who is the father of the founder of Siva group, C Sivasankaran. Siva Group i...

Indian stocks are still attractive to foreign investors despite the benchmark indices being at all-time highs, said Mugunthan Siva, managin...

Replying to a question on the large haircuts that creditors have taken in some cases recently Das pointed out that the present National Com...

In a chat with Mohit Bhalla, the Chairman of the Insolvency and Bankruptcy Board of India, Dr. MS Sahoo, addresses questions about the rece...

Sahoo cited the example of Videocon Industries, stating that it had already reported a loss of nearly ₹10,000 crore when the bankers brough...

His comments come in the backdrop of some insolvency cases being approved recently by the NCLT where creditors took heavy haircuts on their...

The government will examine the Insolvency and Bankruptcy Code (IBC) to stop defaulting promoters from wresting back control of companies b...

IDBI Bank had initiated bankruptcy proceedings against Siva Industries in 2019. The loans were availed by a group company that later merged...

According to banking sources, IDBI Bank has already written to the CBI, which has confirmed that commercial dealings will not affect the cr...

A Mauritius-based investor has accused IDBI Bank of derailing the sale of Siva Industries and Holdings, the promoter company of C Sivasanka...

Maintaining that the administration was taking all precautionary steps,the minister said the factory was not being operated, but personnel ...

JLL India’s newly set up residential brokerage division with team of 50 property experts across 7 cities across India will offer a bouquet ...

Dhirendra Kumar, CEO, Value Research, started tracking the mutual fund space in 1990s.

In 1999, Bachchan's ABCL approached BIFR to be rated as a sick company. Trump's Entertainment Resorts had filed for bankruptcy 4 times.