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CREDIBLE RESOLUTION APPLICANTS
NCLAT reserves order in Jaypee insolvency case; Vedanta alleges flawed evaluation, Adani defends bidding processThe National Company Law Appellate Tribunal has reserved its judgment in the Jaypee insolvency case. Vedanta Group argued the resolution pr...22 Apr, 2026, 02.50 PM IST- Legacy of Jaiprakash Associates will be carried forward under Adani: Jaiprakash GaurJaiprakash Gaur is confident the Adani Group will lead Jaiprakash Associates Limited forward. The Adani Group has been selected as the succ...10 Apr, 2026, 01.50 PM IST
- New creditor-led IBC framework to put in place safeguards for stressed firm's managementNew creditor-led insolvency rules will impose strict financial transaction limits on stressed companies, requiring committee of creditors' ...02 Apr, 2026, 08.56 PM IST
- IBBI seeks to strengthen due diligence on bidders' compliance with Section 29AThe Insolvency and Bankruptcy Board of India (IBBI) is enhancing the insolvency framework. Now, resolution professionals are required to su...19 Nov, 2025, 07.28 PM IST
- Spread out IBC to make it effectiveThe Insolvency and Bankruptcy Code is highlighting process failures at various levels, with low realisation and limited success in resoluti...14 Jul, 2024, 11.05 PM IST
- Thousands of debtors resolving cases before admission under insolvency law: IBBIThe Insolvency and Bankruptcy Code (IBC), introduced in December 2016, provides for a time-bound and market-linked resolution of stressed a...20 Feb, 2024, 04.56 PM IST
- Vedanta entity, OVL among companies in race for Videocon Oil & Gas CoOther EoI applicants include Eight Capital, Dubai-based Citax Holding, Zinnia Fund, Murphy Worldwide, CFM Asset Reconstruction Company and ...21 Dec, 2021, 07.40 AM IST
- Kapil Wadhawan appeals against NCLAT stay on his offer for DHFL in SCNCLAT on May 25 stayed the Mumbai NCLT’s order directing the administrator of DHFL to consider a settlement proposal from its former promot...01 Jun, 2021, 02.29 PM IST
- Jet Airways employees seek interim financial reliefThe once-storied full service carrier stopped flying on April 17 as it ran out of money for daily operations.06 Aug, 2019, 04.02 PM IST
- Jet Airways extends deadline for bid submissions to Aug 10The revised deadline for submission is now on August 10 instead of August 3.03 Aug, 2019, 05.09 PM IST
- Should revised bids be allowed in the insolvency resolution process?The Binani Cement and the Bhushan Power & Steel cases highlight the importance of having a clear and credible process of bidding for stress...16 Mar, 2018, 11.06 AM IST
- Different treatment likely for SMEs facing insolvencyAs per experts, cases of nearly 300 small and medium companies have been admitted by the National Company Law Tribunal and their resolution...01 Dec, 2017, 12.27 AM IST
- IBC ordinance: Several companies say not 'wilful defaulters'Legal experts were of diverse opinion, with some saying that barring companies from bidding would further depress the price of such assets ...23 Nov, 2017, 07.53 PM IST
- Insolvency code tweaked to firewall dubious promotersThis suggests that promoters of 11 of the loan default cases referred by the RBI for resolution may not be able to bid for their companies ...23 Nov, 2017, 12.14 AM IST
- Dubious promoters should not be allowed to submit resolution plan: Sajjan JindalSeshagiri Rao had told reporters that an offer in which the bidder is paying over a longer time is not attractive to the banks on an NPV ba...08 Nov, 2017, 05.08 PM IST
- Bankruptcy board shuts backdoor entry of promotersThis would help realise the objective of the code that was enacted to protect the value of assets.08 Nov, 2017, 08.56 AM IST
- IBBI puts in place strict norms for resolution plan approvalThe amendments related to the corporate persons resolution process has been made amid rising number of cases being filed under the insolven...07 Nov, 2017, 10.41 PM IST
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