Tag: insolvency

The National Company Law Tribunal has controversially approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes a mere Rs 6.5 crore settlement against over Rs 22,000 crore ...

The bankruptcy court in Mumbai has admitted the listed pharma firm, Supha Pharmachem (formerly Remedium Lifecare), to the Corporate Insolvency Resolution Process (CIRP) and has appointed Rajesh Jhunjhunwala as ...

New Delhi, A former resolution professional has been arrested by the ED under the anti-money laundering law on charges of misusing the insolvency and bankruptcy framework leading to loss ...

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Photograph: Francis ...

The Supreme Court has issued a temporary injunction on meetings arranged by the Resolution Professional (RP) handling the insolvency case of troubled edtech Byju's on September 26. The final ...

Edtech company Byju’s parent Think & Learn will challenge the National Company Law Tribunal’s (NCLT’s) order on insolvency proceedings and may approach the National Company Law Appellate Tribunal (NCLAT) ...

The bankruptcy court has admitted Indiabulls Housing Finance Ltd's (IHFL) application to initiate insolvency resolution proceedings against Essel Group chairman Subhash Chandra for default by a company called Vivek ...

The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted Sporta Technologies, which owns India’s largest fantasy sports platform Dream11, under the corporate insolvency resolution process (CIRP) ...

The Insolvency and Bankruptcy Board of India (IBBI) has lifted the restriction to allow the same insolvency professional for the resolution process of a company as well as its ...

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday adjourned its hearing to December 6 over the plea of IDBI Bank seeking to initiate insolvency proceedings against ...