CIRP
Infrastructure
06 September, 2022
NTPC marks first acquisition under IBC
State-run power major NTPC has acquired Jhabua Power Limited (JPL) through the Insolvency and Bankruptcy Code (IBC) process. It is the ......
Economy
09 July, 2021
Bourses issue rules for bankrupt firms to address info asymmetry among investors
India’s two major stock exchanges BSE and NSE on Friday directed companies undergoing the insolvency process to make timely disclosures ......
Finance
09 April, 2021
Essar Shipping sails away from bankruptcy after settling up with L&T Finance
Essar Shipping, the group’s second firm to fall into bankruptcy, has exited insolvency after settling up with creditor L&T Finance. In ......
Finance
27 May, 2020
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 ......
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