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NCLAT judge recuses from hearing Raveendran's plea against insolvency proceedings of Byju
Raveendran had filed a petition challenging the initiation of insolvency proceedings against Think …
PTI
Stable, strong financial system to act as bedrock for economic progress: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the endeavour of the central bank would be to …
PTI
India's real estate rises to Transparent Tier in global rankings; Improvement to help attract major investments
India's real estate sector ranking has improved to the transparent tier in the Global Real Estate T…
ANI
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
Real estate sector weighs on IBC but accounts for 18% of total realisations
The real estate sector has accounted for a significant portion of the total realisations under the …
Creditors take a haircut of 70% in insolvency cases: CareEdge report
The CareEdge report has found that the cumulative recovery rate has been on a downtrend, decreasing…
CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel
Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…
NCLT approves ₹1,814 crore resolution plan for Lavasa: Darwin Platform winning bidder
In a 25-page order passed on Friday, the tribunal cleared the resolution plan at an investment o…
PTI
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
Future Lifestyle Insolvency: RP receives claims of ₹2,155.53 cr from financial creditors
As per the provision of the Insolvency & Bankruptcy Code, a Committee of Creditors (CoC) of FLFL ha…
PTI
Future Retail insolvency process: 48 cos selected as eligible prospective bidders
As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani Group, are on the fi…
PTI
IBC cases still below FY20 levels – report says this shows India Inc is ‘comfortably placed’
In yet another sign of the good health of corporate India, insolvency cases are still below FY20 le…
Govt to amend insolvency law to reduce time taken for resolution process
The corporate affairs ministry's move to amend the law also comes against the backdrop of conce…
PTI
Blackstone to invest $2 bn every year in India; wants quicker M&A clearances
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…
PTI
“Nowhere in the world do bankruptcy cases have a 330-day deadline,” says bankruptcy board chief MS Sahoo
The Supreme Court on November 15 allowed the bankruptcy courts are free to relax the 330-day deadli…
EXCLUSIVE: India’s bankruptcy board Chairman explains the evolution of the country's insolvency laws
India’s new bankruptcy law is providing what the country now needs - a way for creditors to gain wh…
OPINION: How to make India’s bankruptcy resolution process faster and more efficient
However, as with all new regulations, the law takes its time to settle. Having said that there a…
No fresh IBC proceedings till December, says Centre
In a gazette notification, the Ministry of Corporate Affairs (MCA) said that the suspension on o…
India is tweaking its bankruptcy law to prevent successful bidders from backing out
A new policy involving a “security deposit” of sorts will likely be implemented. This will req…
EXCLUSIVE: New amendment to bankruptcy law has Prashant Ruia’s personal guarantee on its radar
India’s Finance Ministry is sitting on a new amendment to the bankruptcy law. That might be a big…