India to decide on Go First bankruptcy, lessors seeking planes fear impactGo Airlines (India), recently rebranded as Go First and the country's fourth-largest carrier, will learn its fate on Wednesday in a bankrup...
10 May, 2023, 08.31 AM IST
Has bankruptcy law failed homebuyers?Five years after the Insolvency & Bankruptcy Code (IBC) was notified, only eight resolution plans for real estate sector have been approved...
28 Jun, 2021, 09.31 AM IST
NCLAT gives go ahead to NCLT Mumbai to decide on Adani Ports' bid for Dighi PortA two-member bench headed by Chairperson Justice S J Mukhopadhaya asked the creditors and the resolution professional of Dighi Port to file...
17 Oct, 2019, 09.51 PM IST
NCLAT's Essar Steel order not applicable to Ruchi Soya: LendersThe counsel for the committee of creditors (CoC) of Ruchi Soya said the judgment will not apply to any matter
23 Jul, 2019, 07.19 PM IST
Ruchi Soya: Resolution may be delayed as NCLT wants to study impact of revised NLCAT order on Essar SteelThe tribunal observed that the NCLAT order has changed the entire outcome for all stakeholders and is like a formula with clear-cut directi...
09 Jul, 2019, 07.28 PM IST
NCLAT may ask ArcelorMittal to deposit Rs 42,000 cr bid amount for acquiring Essar SteelThe bench said that Arcelor may have to deposit money in a separate account either before the NCLAT or NCLT.
09 Apr, 2019, 05.49 PM IST
NCLAT seeks details about 4 IL&FS group entitiesThe NCLAT also made clear that it has not stopped IL&FS and its group entities from going for resolution process.
08 Apr, 2019, 09.48 PM IST
Essar Steel CoC meets over distribution of Rs 42,000 cr, NCLAT to wait for the outcomeDuring the proceedings of the appellate tribunal, the counsel informed the bench that meeting was underway in accordance with the NCLAT ord...
27 Mar, 2019, 05.37 PM IST
Jyoti Structures not to face liquidation, NCLAT upholds ultra high-net-worth individuals’ offerThe company figured in the Reserve Bank of India’s first list of a dozen accounts of non-performing assets (NPAs) referred to insolvency co...
21 Mar, 2019, 07.06 AM IST
NCLAT directs Essar Steel to call CoC meeting to reconsider distribution of fundsArcelorMittal's resolution proposal provides financial creditors Rs 41,987 crore out of their total dues of Rs 49,395 crore.
20 Mar, 2019, 03.56 PM IST
Ericsson to move SC to seek seizure of Anil Ambani's assetsEricsson has chalked out options to ensure it gets its settlement amount of Rs 550 crore.
04 Feb, 2019, 08.41 AM IST
IL&FS may raise Rs 20,000 crore from road asset salesThe newly constituted board met on Saturday to discuss the plan that would be presented to the NCLT on October 31.
30 Oct, 2018, 08.01 AM IST
IL&FS advisors redrawing its list of assetsThe company has debt liabilities of Rs 91,000 crore. It has defaulted on several repayments since September, and has been downgraded to D f...
26 Oct, 2018, 08.57 AM IST
Stressed stocks zoom 31% as bankruptcy law sparks 'rally of hope'A Bloomberg index of 11 indebted cos that are in bankruptcy court surged 31% in December.
02 Jan, 2018, 06.54 PM IST
Defaulters may follow Essar route to block bankruptcyThe steelmaker got a stay on hearings on an insolvency petition moved by a bank. Other large loan defaulters may soon follow in its footste...
06 Jul, 2017, 11.18 AM IST
What changed your market while you were sleepingToo many negatives stare the domestic equity market in the face on Thursday.
15 Jun, 2017, 07.54 AM IST
Sensex cracks 267 points to slip below 30K; 5 factors that triggered selloffA total of 35 of 39 banking stocks listed on the BSE fell up to 6 per cent in trade.
05 May, 2017, 03.41 PM IST