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SUPREME HOUSING IBC
NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...- SC asks NCLAT to take decision on 14 housing projects of debt-ridden SupertechThe Supreme Court has directed the NCLAT to quickly decide on merging Supertech's remaining 14 housing projects. This move aims to ensure p...
- Parliament Budget Session: HM Amit Shah to move CAPF Bill in Lok Sabha todayUnion Home Minister Amit Shah will present the Central Armed Police Forces (General Administration) Bill, 2026, in the Lok Sabha on Thursda...
- IBBI, ED reached solution to address problem in interface between insolvency law, PMLA: OfficialThe Insolvency and Bankruptcy Board of India (IBBI) and the Enforcement Directorate (ED) have resolved issues at the interface of the Insol...
- NCLT rejects JC Flowers’ claim against HDIL, says collateral alone doesn’t meet IBC standardsThe NCLT dismissed JC Flowers ARC Pvt Ltd's liability claim against HDIL, ruling the debt was not a 'financial debt' under the IBC at the t...
- NCLT orders insolvency proceedings against Subhash Chandra on Indiabulls Housing Finance pleaIndiabulls Housing Finance Ltd (IHFL) had moved NCLT after Vivek Infracon had in 2022 defaulted a payment of around Rs 170 crore. Vivek Inf...
- Insolvency and Bankruptcy Code works, but it could work betterThe bid amount will enable creditors to recover about 40% of the total admitted claims of around Rs 87,082 crore. The NCLT has advised lend...
- DHFL shares may get delisted after acquisition by PiramalShares of DHFL closed nearly 10 per cent higher at Rs 20.80 on the BSE on Monday.
- Parliament passes amendments to IBCThe bill seeks to remove bottlenecks and streamline the corporate insolvency resolution process. It aims to provide protection to new owner...
- Proposed amendment to insolvency law: Jayant Sinha to meet homebuyers' lobbyAbout 10 days ago, the Forum for People’s Collective Efforts had written to the committee saying the threshold requirement was suggested by...
- Will DHFL depositors get their money back?The deposit holders with overall exposure of Rs 6,000 crore are at risk of losing their savings.
- Due Diligence of a stressed asset still a challenge in IBC: Koushik Chatterjee, Tata SteelTata Steel was one of the first players to acquire an asset out of the 12 assets notified by the Reserve Bank of India needing immediate re...
- Home buyers welcome SC ruling, say move to help claim duesThere are around 1.74 lakh stalled housing units across the top seven cities and their buyers can now stake claims to their dues by initiat...
- Why resolution process is virtually impossible under the Insolvency and Bankruptcy CodeInadequate infra and lack of legal precedent have made speedy debt resolution process virtually impossible.
- With IBC about to be 3, a look at the hits & misses and the road aheadOut of the 1,484 cases admitted for resolution, 586 have been closed till December 2018 — a hit rate of 40%.
- Undermining the bankruptcy lawTo be sure, its record has been rather mixed since its birth in May 2016.
- We see huge opportunities for ARC business in India: RK Bansal, Edelweiss ARCBiggest victory of IBC is people will try to resolve the problem much earlier in future, says Bansal.
- IBC an imbalanced economic provision: Sanjay SingalIBC is an “imbalanced provision” that has become a takeover or liquidation code, Sanjay Singal said.
- Supreme Court puts homebuyers first, stalls RBI plan to move against JaypeeThe court listed the matter for further hearing on February 5. We are not concerned how the IBC operates. Homebuyers must get their house o...
- Housing minister talks to FM to protect interests of Jaypee home buyersWhile the option of amending the Insolvency and Bankruptcy Code has been suggested to Puri, he will shortly send a detailed proposal to the...
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