insolvency
Infrastructure
Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan
Adani group firm has received clearance from a bankruptcy appeals tribunal to acquire Dighi Port Ltd, whose promoter now plans ......
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset ......
Finance
Virus would have pushed viable firms towards premature death under IBC: IBBI chief
Last month, the government suspended triggering of insolvency cases against companies for any default for six months starting March 25, ......
Manufacturing
Suraksha ARC set to lose race for distressed textile firm
Suraksha Asset Reconstruction Ltd is likely to have lost a bid to acquire a Maharashtra-based distressed textile company that was ......
Finance
How insolvencies climbed across sectors before India locked down to fight virus
The manufacturing and real estate sectors accounted for three-fifths of new insolvencies in the three months through March even before ......
Finance
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 ......
Finance
Recovery under bankruptcy law shows big jump but Jaypee Infratech skews the picture
The amount recovered under the Insolvency and Bankruptcy Code (IBC) jumped 13 times sequentially in the January-March quarter and rose ......
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC) besides ......
Finance
Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets
New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
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