Insolvency and Bankruptcy Code
Finance
Why calls for pre-packaged IBC deals, easing ban on promoters are getting louder
A pre-packaged deal mechanism for stressed assets and lifting a ban on promoters from bidding for the companies they once ......
Infrastructure
Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier
Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......
Finance
Insolvency resolution to exclude lockdown period from 330-day time frame
The 330-day time frame for resolution of cases under the Insolvency and Bankruptcy Code (IBC) will now exclude the national ......
Infrastructure
As airlines battle virus turmoil, Jet Airways gets time till June to find buyer
A bankruptcy court has extended the time to find a buyer for Jet Airways (India) Ltd even as the coronavirus ......
Manufacturing
Madhusudan dairy group unit snaps up steel plant from bankrupt firm
A company that’s part of the group best known for its Madhusudan brand of dairy products has acquired a steel ......
Healthcare
Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma
The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution plan to acquire debt-laden ......
Infrastructure
IVRCL gets bid for sale of company as going concern under liquidation
Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......
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 ......
Manufacturing
Steelmaker becomes first distressed firm to recast debt under same management
A Chhattisgarh-based iron and steel products maker has become the first distressed company to restructure its debt under the same ......
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 ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News