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NCLT approves sale of Sirpur Paper Mills to JK Paper

Manufacturing

19 July, 2018

NCLT approves sale of Sirpur Paper Mills to JK Paper

The National Company Law Tribunal on Thursday approved a proposal by paper manufacturer JK Paper Ltd to take over the ......

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

General

13 July, 2018

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

Indian banks are grappling with nearly $150 billion in bad loans and the National Company Law Tribunal (NCLT) has admitted ......

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Project Sashakt: Will PE investors warm up to the new plan to tackle bad loans?

Finance

09 July, 2018

Project Sashakt: Will PE investors warm up to the new plan to tackle bad loans?

Indian banks are sitting on a mound of toxic loans--a Rs 10 trillion hazard that could swallow large chunks of ......

NCLT dismisses Cyrus Mistry's petition against Tata Sons

People

09 July, 2018

NCLT dismisses Cyrus Mistry's petition against Tata Sons

The National Company Law Tribunal (NCLT) on Monday dismissed a petition by former Tata Sons chairman Cyrus Mistry who had ......

Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries

General

22 June, 2018

Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries

As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National Company Law Tribunal (NCLT) ......

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

General

15 June, 2018

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

Indian banks are grappling with nearly $150 billion in bad loans and the various branches of the National Company Law ......

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Bankruptcy resolution or liquidation: How companies admitted to NCLT are faring

General

13 June, 2018

Bankruptcy resolution or liquidation: How companies admitted to NCLT are faring

The National Company Law Tribunal (NCLT) is grappling with hundreds of cases of debt-laden companies pushed into insolvency proceedings by ......

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Which sectors top the list of distressed companies facing insolvency?

General

12 June, 2018

Which sectors top the list of distressed companies facing insolvency?

In June last year, the Reserve Bank of India asked banks to begin bankruptcy proceedings against 12 large loan defaulters. ......

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India Inc's distress to worsen as 150 more firms face insolvency: Eight Capital

General

11 June, 2018

India Inc's distress to worsen as 150 more firms face insolvency: Eight Capital

Indian companies with a total debt of at least $85 billion could face insolvency proceedings in coming months as banks ......

Stressed assets: Shriram EPC faces insolvency; RCom, Jaiprakash fight NCLT orders

General

25 May, 2018

Stressed assets: Shriram EPC faces insolvency; RCom, Jaiprakash fight NCLT orders

The National Company Law Tribunal’s various branches are monitoring several hundred cases of stressed assets. In the third of a ......