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INSOLVENCY CLAIM FORM
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...- SC restores SBI-led lenders' rights in Reliance InfratelThe Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. T...
- Vedanta's plea indirectly challenges commercial wisdom of CoC: Adani to NCLATAdani Enterprises told NCLAT the Jaiprakash Associates resolution process followed due procedure, with evaluation metrics disclosed upfront...
- NCLAT reaffirms project-specific insolvency proceedings against realty firmsThe National Company Law Appellate Tribunal has ruled that homebuyers' insolvency cases against real estate firms must focus only on the pr...
- NCLAT upholds NCLT order on distribution of funds from a resolution planThe National Company Law Appellate Tribunal has rejected a plea from five banks. They challenged fund distribution to SBI and Punjab Nation...
- NeSL enabling real-time access to digital debt & claims data in insolvency casesNeSL is providing instant access to digital default records for insolvency cases. This helps authorities quickly verify debt and claims. Am...
- Bankruptcy court admits BSE-listed Supha Pharmachem under Insolvency Resolution ProcessThe Mumbai bench of the National Company Law Tribunal has admitted Supha Pharmachem into the Corporate Insolvency Resolution Process (CIRP)...
- Piramal cap plea against Radius insolvency withdrawal allowedThe Mumbai bench of the National Company Law Tribunal (NCLT), led by Justice Suchitra Kanuparthi and technical member Anuradha Bhatia, in a...
- Axis Bank, kept out of Reliance Capital insolvency process, eyes legal optionsWhile Reliance Capital completed the sale in September 2019, it has not been paid yet, Axis Bank said. The debt is still due as per the und...
- ‘Missing’ 10% in Jaypee: Nearly 2,000 buyers haven’t claimed homesAccording to interim resolution professional (IRP) Anuj Jain, there are 1,933 buyers who have not claimed their property on paper and anoth...
- DHFL administrators get Rs 1.2 lakh crore claimsWhen the tribunal admitted the RBI’s plea, DHFL owed over Rs 83,800 crore to banks, the National Housing Board (NHB) , mutual funds and bon...
- RCom lenders likely to claim up to Rs 90,000 croreThe claim will be among the highest demanded from companies that have gone for insolvency.
- Supreme Court adjourns hearing in Jaypee Infra case to September 4Supreme Court has asked around 300 homebuyers to file the consolidated petition and to avoid the multiplication of cases.
- Ready Jaypee flats to be handed over to buyersThe IRP had earlier indicated it was going to pursue construction of projects to ensure the interests of home buyers are not affected by th...
- Jaypee homebuyers need to file claim form: Here's how to do itThe Allahabad bench of the National Company Law Tribunal (NCLT) on August 9 classified Jaypee Infratech as insolvent on the petition filed ...
- Here's how home buyers of these 27 Jaypee projects need to submit claim to IRPMany people who had bought homes from Jaypee face uncertainty over when, or if at all, they will get possession as the company has now decl...
- Answers to some of the questions troubling Jaypee home buyersThe insolvency resolution professional in the Jaypee case answered some questions that have been asked by worried home buyers.
- Not just banks and firms, even home buyers can claim their money under new bankruptcy lawThe revised regulations come at a time when a large number of flat buyers have been left in the lurch, especially in the National Capital R...
- New insolvency claim form for Jaypee home buyersIn line with provisions, claims have to be made by August 24. The IRP has also allowed flat buyers to register their claims without immedia...
- Jaypee home buyers get relief on claim forms: Here's how to file yoursNot only forms, even the documents that are to be submitted while making a claim are meant for companies and not home buyers.
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