Supreme Court
Finance
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 ......
Finance
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 ......
Infrastructure
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 ......
Finance
Covid dents Edelweiss ARC's debt purchase by at least 40%
Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries this ......
TMT
Real-money gaming firms take a chance on growth despite legal ambiguity
The stay-at-home restrictions in the wake of the coronavirus pandemic have led to a surge in online gaming in India ......
Manufacturing
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......
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 ......
Economy
What the SC order on stressed assets means for ARCs, PE funds, strategic buyers
The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors, ......
Manufacturing
StanChart PE-backed Innoventive Industries challenges liquidation process
Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, has approached the Mumbai bench of National ......
General
Top court directs F1 to deposit $15.45 mn in dispute with lenders
The Supreme Court has directed Formula One World Championship Ltd to deposit $15.45 million (about Rs 100 crore) within four ......