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INTERIM RESOLUTION PROFESSIONALS
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
IBBI issues new guidelines to speed up appointment of insolvency professionalsThe Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...
After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency caseEnterprises has filed a caveat before the Supreme Court anticipating a challenge by Vedanta against the National Company Law Appellate Trib...
NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
SC asks NCLT to expedite call on Supertech oversight panelThe Supreme Court has directed the National Company Law Tribunal to quickly decide if a court-appointed committee is needed for Supertech's...
Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLATJaiprakash Associates insolvency proceedings see a dispute over Vedanta's claim as highest bidder. The resolution professional told the NCL...
Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...
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)...
IBBI issues new guidelines to streamline process of appointing IPs as resolution professionalsThe Insolvency and Bankruptcy Board of India (IBBI) issues new guidelines to streamline the appointment of insolvency professionals (IPs) a...
Go First informs NCLT it is exploring settlement with DelhiveryGo First, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), is settling its dispute with logistics company Delh...
Go First lenders select EY-backed Ajmera as RPAjmera's selection is subject to approval from the National Company Law Tribunal (NCLT). The selection was communicated at a meeting of the...
Separate GST registrations confuse interim resolution professionalsIRPs appointed under the Insolvency and Bankruptcy Code (IBC) have approached the finance ministry, seeking clarity on several aspects rega...
Suraksha Realty raises objections to lenders, IRP for not putting highest bid on voteOn Tuesday, Suraksha Realty wrote to both Interim resolution professional (IRP) and the Committee of Creditors (CoC) to express its displea...
Abhay Narayan Manudhane appointed interim resolution professional for insolvency proceedings: HDILIn a regulatory filing, HDIL said the IRP has been appointed to carry the functions as mentioned under Insolvency and Bankruptcy Code (IBC).
NBCC, Kotak among 4 shortlisted bidders for Jaypee Infratech; L&T Infra out of raceJaypee Infratech, a subsidiary of Jaypee Group's flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...
RBSA Advisors named interim resolution professional for Visa SteelThe State Bank of India, which is the lead bank, would initiate insolvency proceedings against Visa Steel.
Jaypee Infra revival plan will take consumer interest into account: IRPHome buyers in their letter had also sought possession of their flats by December 2018 and compensation for the delay at 18% per year.