The Supreme Court ruling quashing Bhushan Power & Steel’s (BPSL) resolution plan has upended JSW Steel’s…
Tag: Insolvency and Bankruptcy Code
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,…
Banks Write Off Bad Loans Worth Rs 16.35 Lakh Crore In Last 10 Years – News18
Last Updated:March 17, 2025, 21:09 IST Highest amount of Rs 2,36,265 crore was written off during…
IBC data provides valuable insights to handle complex cases: M Rajeshwar Rao, Dy Governor RBI
New Delhi [India], December 18 (ANI): M Rajeshwar Rao, Deputy Governor of the Reserve Bank of…
NCLAT Sets Aside EIH Plea Against NCLT Order Approving Sale Of Golden Jubilee Hotels – News18
Last Updated:December 15, 2024, 16:11 IST EIH, which was managing Golden Jubilee Hotels and has 16…
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…
NCLAT halts insolvency proceedings against Essar’s oil & gas subsidiary | Mint
The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the insolvency proceedings against Essar Oil…
Bankruptcy court approves 22 business rescues in August; 34 so far in second quarter | Mint
New Delhi: The National Company Law Tribunal approved the debt resolution plans of 22 businesses in…
NCLT admits Essel Group company Primat Infrapower into insolvency | Mint
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Axis Finance’s plea…