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Finance

27 September, 2022

'Bankrupt companies selling in parts better than sale to single bidder'

A mix of investors buying different parts of a bankrupt company is better than a single investor picking up the ......

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Finance

03 September, 2021

Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big resolution plans – Jet ......

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Finance

22 July, 2021

NCLTs lash out at insolvency resolution professionals over steep haircuts

“Get better resolutions…reduce haircuts…will not approve the plans with low value offerings...”  These are some of the latest pronouncements heard at ......

Finance

21 July, 2021

Insolvency law supervisor tweaks rules to boost transparency in bankruptcy process

In a bid to bring more accountability and improvement to the bankruptcy resolution process, the Insolvency and Bankruptcy Board of ......

Consumer

16 June, 2021

Tribunal doubts confidentiality maintained in Videocon bankruptcy process, requests IBBI probe

A Mumbai bench of insolvency tribunal has expressed surprise over the similarity between the bid value offered by Twin Star ......

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Finance

09 June, 2021

Lenders eye large accounts this year to arrest declining trend in recoveries

Recoveries made by financial creditors through the Insolvency and the Bankruptcy Code declined to a fourth in FY21 as compared ......

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Finance

22 April, 2021

After five years, why are bankruptcy resolutions still a fraction of filings?

Less than eight per cent of the bankruptcy filings have been resolved with over three times as many cases ending ......

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Finance

21 April, 2021

NCLT rejects Edelweiss ARC's plea for Mumbai-based water park's bankruptcy

The National Company Law Tribunal (NCLT) has rejected a bankruptcy plea filed by the Edelweiss Assets Reconstruction Company Ltd (ARC) ......

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Finance

17 September, 2020

New insolvency cases touch over 3-year low in pandemic-hit June quarter

New insolvency cases dropped during pandemic-stricken April-June to the lowest in 13 quarters, showed the latest data by the Insolvency ......

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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 ......