Insolvency and Bankruptcy Code
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 ......
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 ......
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 ......
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
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 ......
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
Shardul Shroff on the IBC's ‘tortuous process' and the dangers of oligopoly
India’s three-year-old bankruptcy law still needs to be fine-tuned to attract financial investors and to prevent the concentration of businesses ......
Finance
AION Capital, IARC execs on stressed asset opportunities and main hurdles
The Insolvency and Bankruptcy Code (IBC) may have opened a window for investors to buy distressed companies, but many private ......
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