NCLT
Healthcare
Exclusive: Sole bidder emerges for bankrupt pharma firm Parabolic Drugs
Parabolic Drugs Ltd, a listed bulk drugs manufacturer which is currently undergoing insolvency proceedings, has received a takeover offer from ......
General
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 ......
TMT
Exclusive: ARC emerges as front runner to take over debt-ridden Aircel
An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development ......
Finance
Multiples PE scraps stressed assets investment programme
Renuka Ramnath-led private equity firm Multiples Alternate Asset Management has shut down its stressed assets investment division two years after ......
People
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 ......
Finance
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 ......
General
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 ......
General
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. ......
General
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 ......
People
Former disputes partner at Khaitan Legal forms litigation advisory firm
The former partner of dispute resolution at law firm Khaitan Legal Associates has set up his own boutique law firm, ......
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