The Centre’s proposal intends to attract other companies to make a bid to take over a company facing insolvency proceedings.

Fixing a 330-day resolution process puts a lot of stress on our courts.

Home buyers have appealed to the government to direct IDBI Bank and NBCC to resolve their differences on the resolution plan and IDBI Bank ...

The Committee of Creditors (CoC) met Thursday to discuss NBCC's revised offer after it rejected the bid of Mumbai-based Suraksha Realty on ...

No bidder has been announced for the completion of 22,500 flats in the township even after 18 months of insolvency proceedings.

Jaypee home buyers have told IBBI chairman M S Sahoo that based on voting trends, no resolution plan can go through as getting 66% support ...

In a letter to IRP Anuj Jain on Friday, about 2,400 homebuyers of Noida’s Wish Town project said the move would provide clarity on the time...

Jaypee Wish Town home buyers also requested the IRP to make sure that no liabilities of Jaypee Infratech exist towards banks and financial ...

In a letter written to IRP Anuj Jain through law firm Trilegal, home buyers have also asked for provision of a bank guarantee of at least R...

"The panel is headed by the consumer affairs secretary. It will submit a status report within three days," said Paswan.

While the option of amending the Insolvency and Bankruptcy Code has been suggested to Puri, he will shortly send a detailed proposal to the...

Jaypee home buyers also asked the committee to ensure that adequate compensation for delay in completion of project is paid to the buyers.

IRP will consider claim on the basis of the Company's record (SOA) and books of account and decide after its verification in accordance wit...

The insolvency resolution professional in the Jaypee case answered some questions that have been asked by worried home buyers.

In line with provisions, claims have to be made by August 24. The IRP has also allowed flat buyers to register their claims without immedia...

The decision of refunding the buyers' money was conveyed to the builder about three months ago. The first instalment of the refund is to be...

Not only forms, even the documents that are to be submitted while making a claim are meant for companies and not home buyers.