Insolvency and Bankruptcy Code
Infrastructure
Blackstone gets court nod to buy Hyderabad Trident hotel under insolvency
Private equity giant Blackstone Group Inc. has received court approval to acquire a debt-laden Trident hotel in Hyderabad for Rs ......
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 ......
Finance
Revised bankruptcy norms aim to further filter out ex-promoters, defaulters
The Insolvency and Bankruptcy Board of India (IBBI) has revised norms to bar any entity or person that is not ......
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every morning ......
Finance
Cabinet clears changes in bankruptcy law to protect new owners
The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to protect new owners ......
Consumer
Bankers block Haldiram's big-ticket entry into dairy business yet again
Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the bankrupt ......
Finance
Bankruptcy law set to face huge test in Dewan Housing case
India’s bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency ......
Finance
Govt tweaks bankruptcy rules to help non-bank lenders
India has amended its insolvency and bankruptcy rules to allow for greater flexibility in resolving problems at troubled non-banking finance ......
Finance
Aviva Life under IBC for not paying landlord; first financial firm to enter NCLT
The bankruptcy tribunal has ordered proceedings against Aviva Life Insurance in a case by Apeejay Trust for failure to pay ......
Finance
Is the bankruptcy law the best way to resolve stressed assets?
The Insolvency and Bankruptcy Code has turned out to be a mixed bag in terms of resolution of stressed assets. ......
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