New Delhi: Creditors rescued 69 indebted businesses in the June quarter through the Insolvency and Bankruptcy…
Tag: IBC
Independent Sugar to submit revised plan for bankrupt Hindusthan National Glass
Independent Sugar to submit revised plan for bankrupt Hindusthan National Glass ₹1,851 crore.…
Mint Explainer: Why the Bhushan Power judgment stunned the insolvency ecosystem
On the receiving end of the ruling was JSW Steel Ltd. The company, among India’s largest steelmakers,…
SpiceJet hit with fresh insolvency claims from Irish lessors and former pilot | Company Business News
SpiceJet Ltd has been hit with fresh insolvency claims from three Ireland-based aircraft lessors and a…
Decoding Supreme Court verdict: Implications for merger control in India
When this approval is sought, it is important, as a balance should be maintained between the…
SpiceJet Insolvency Claims: Are Creditors Leveraging IBC Forum for Settlement?
On 19 November, judicial member Mahendra Khandelwal of the Delhi bench of the NCLT (National Company…
Jet Airways liquidation: A wake-up call for India’s insolvency code
Jet Airways’s liquidation comes even after a consortium successfully bid to revive the airline, as a…
Go First’s foreign funding push to test India’s insolvency framework
The New Delhi bench of the National Company Law Tribunal (NCLT) has yet to make a…
Stockbrokers breathe easy as bankruptcy cloud lifts
An insolvency court ruling keeping stockbrokers out of the purview of the Insolvency and Bankruptcy Code,…
A new plan aims to chip away at the mountain of cases at DRTs
The Centre plans to pursue only high-value cases—where banks’ claims are more than ₹100 crore—in the…