National Company Law Tribunal
Investor Bulletin
Podcast: JSW bags another stressed asset; foreign investors may get policy push
Two years after the Reserve Bank of India asked banks to start bankruptcy proceedings against Bhushan Power & Steel Ltd, ......
Manufacturing
NCLT approves JSW's $2.7-bn bid for Bhushan Power & Steel
The National Company Law Tribunal (NCLT) has approved billionaire Sajjan Jindal-led JSW Steel Ltd’s offer of Rs 19,700 crore ($2.7 ......
Infrastructure
Vedanta chairman Anil Agarwal drops out of Jet Airways race
Mining giant Vedanta Group’s chairman Anil Agarwal has pulled out of the race to invest in Jet Airways (India) Ltd, ......
Finance
NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea
An Indian tribunal on Friday rejected an appeal by the auditors of debt-laden Infrastructure Leasing & Financial Services (IL&FS), challenging ......
Finance
Liquidation framework, costs under IBC need to be reviewed: Eight Capital chairman
The Insolvency and Bankruptcy Code (IBC) emulates a Hindi movie: Excitement in the beginning, chaos in the middle and a ......
Consumer
Debt-laden dairy company Kwality gets lone bid
Dairy company Kwality Ltd, which was dragged to an insolvency court last year by a non-banking financial arm of private ......
Infrastructure
Construction firm IVRCL heads for liquidation
Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution process. The ......
Healthcare
NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor
An appeals tribunal has stayed a bankruptcy court's approval to the resolution plan of Dhanuka Laboratories Ltd for Orchid Pharma ......
Infrastructure
Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again
Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but that may not be ......
Infrastructure
Jet Airways lenders attempt to sell bankrupt carrier again
Lenders to Jet Airways will open bids to sell the bankrupt airline on July 20, as they look to recover ......
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