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Awaited judgment on DHFL promoter will put bankruptcy law to test once again

Finance

08 June, 2021

Awaited judgment on DHFL promoter will put bankruptcy law to test once again

The top court’s verdict on the first financial services company facing bankruptcy, which is expected soon, will once again put ......

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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

Finance

26 May, 2021

Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a settlement proposal from ......

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Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

Infrastructure

21 May, 2021

Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

The long-drawn-out battle for bankrupt real estate developer Jaypee Infratech will likely come to an end next week as the ......

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Gujarat pharma firm to hit the rocks three years after bankruptcy

Healthcare

01 March, 2021

Gujarat pharma firm to hit the rocks three years after bankruptcy

A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex court has refused ......

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Ansal Properties wins court battle to avoid bankruptcy

Infrastructure

14 August, 2020

Ansal Properties wins court battle to avoid bankruptcy

Delhi-based realty firm Ansal Properties and Infrastructure Ltd has received a favourable verdict that will help it skirt insolvency proceedings. National ......

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Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan

Infrastructure

29 July, 2020

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 ......

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Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling

Finance

09 May, 2019

Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling

In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law Tribunal (NCLT) has ......

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Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

General

05 April, 2019

Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......

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Data firm promoter takes PE investor to court over removal

People

15 November, 2018

Data firm promoter takes PE investor to court over removal

A promoter of Xact Data Discovery India Pvt. Ltd has taken the company’s US-headquartered private equity owner to court over ......