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DEDICATED BANKRUPTCY COURT
Quote of the Day by Sir Walter Scott: 'Love will subsist on wonderfully little..'—Top quotes by the famous novelist known for the Waverley novels and IvanhoeQuote of the Day: Sir Walter Scott, a celebrated author, penned a timeless quote about love and hope. His words suggest love can survive on...- NCLT set to rule today on the resolution plan for Jet AirwaysAs per the resolution plan, the successful bidder has proposed a total cash flow of Rs 1375 crore for the revival of the company. The reviv...
- More lenders opting for settlement offersLenders to debt-laden companies are increasingly opting for negotiated settlements with the defaulting borrowers as the absence of time-bou...
- Reliance Group says allegations of fraud 'unjustified' and 'unwarranted'"The alleged ‘fraud’ classification by certain banks is entirely unjustified and unwarranted, and the ...Delhi High Court by an interim ord...
- DoT opposes resolution plan of RCom and its unit Reliance Telecom in NCLTDoT's opposition to the resolution plan will be a big blow to asset reconstruction firm UVARCL which is awaiting National Company Law Tribu...
- NCLT posts SBI, Anil Ambani case hearing to June 30Last week, SBI had moved the insolvency court to recover more than Rs 1,200 crore from Ambani under the personal guarantee clause of the ba...
- Kotak Mahindra Bank moves NCLT against BILT unitBILT Graphic was on the so-called second list of 29 defaulting companies of RBI.
- NCLT to decide Essar case by January 31Earlier on January 2, the committee of creditors to Essar Steel, led by the State Bank of India, filed an application at the National Compa...
- How NCLT order makes liquidation easyIndia’s dedicated bankruptcy court has sought to remove legal impediments to liquidation or loan-recovery proceedings.
- Guarantor’s mortgaged asset can be liquidated, says NCLTPunjab National Bank and Central Bank of India were the two lenders.
- Will Gujarat NRE be liquidated in new manner?Staff unions said that their jobs, upon the company’s liquidation, should be saved as Gujarat NRE Coke is a running company and has made op...
- SBI initiates bankruptcy process against VideoconCompany owes consortium of lenders Rs 29,000 crore, of which Rs 3,900 crore is due to SBI.
- Identify source of funds for dissenting creditors: IBC AmendmentAccording to the amendments, it is not necessary to disclose ‘liquidation value’ in the information memorandum.
- How SC creates a precedent for NCLTAlthough outstanding claims are paltry, the SC order has expanded the legal remit in bankruptcy cases. Article 142 of the Constitution empo...
- NCLT summons IBB official over alleged delay in naming RPJudges Jinan KR and VP Singh ordered deputy general manager to be present before the bankruptcy court
- NCLT summons IBBI official, sees contempt of court
- NCLT admits Sandeep Axles for insolvencyWith the court’s admission, Sandeep Axles will either be revived according to an approved resolution plan, or go in for liquidation.
- NCLT all set to go digital from NovemberAn email sent to NCLT Delhi remained unanswered till press time on Monday.
- NCLT Mumbai admits Gupta Global for insolvency caseGupta Global actually raised Rs 402 crore loans from various financial institutions. A majority of it went burst as the borrower failed to ...
- Insolvency Code misuse: Supreme Court sends strong messageThe sub-contractor Kirusa was to provide toll-free telephone numbers, through which the audiences across India could cast their votes in fa...
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