bankruptcy
Finance
As companies hit the rocks and sink, lenders scour the wreck and get zilch
The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 ......
Finance
Recovery under bankruptcy law shows big jump but Jaypee Infratech skews the picture
The amount recovered under the Insolvency and Bankruptcy Code (IBC) jumped 13 times sequentially in the January-March quarter and rose ......
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC) besides ......
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
Finance
Bankruptcy boom: India added three insolvency professionals and four valuers a day
India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters but ......
Finance
These three sectors account for nearly three-fourths of bankruptcy cases
Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
Consumer
Another VC-backed company faces bankruptcy
Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t take on bank loans, ......
Healthcare
SevenHills Hospitals back on the market after deal with UAE billionaire falls apart
SevenHills Hospitals Pvt. Ltd has again become available for sale with its creditors starting a new search for a buyer ......
Finance
Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage
Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year across debt-laden ......
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