Mallya had approached the apex court on June 27 seeking a stay on the confiscation of properties owned by him and his relatives.
06 Jan 2020 1:49 PM
The move will help make the insolvency process more attractive for the bidders and instil confidence in them, sources said.
24 Nov 2019 5:29 PM
Jaypee Infratech, a subsidiary of Jaiprakash Associates, has an outstanding debt of nearly Rs 9,800 crore.
13 Nov 2019 9:19 AM
One of the Jet Airways aircraft, parked in the Schiphol Airport in Amsterdam, has already been seized.
26 Sep 2019 12:30 PM
A bench headed by NCLAT Chairman Justice S J Mukhopadhaya, dismissed any contempt plea against Ambani and his officials.
23 Jul 2019 3:23 PM
A two-member bench asked the promoter of Jaypee Infratech to file written submissions over exclusion of time frame.
22 Jul 2019 7:56 PM
A two-member bench headed by Chairman Justice S J Mukhopadhaya has asked IDBI Bank to file an affidavit by Friday.
17 Jul 2019 7:01 PM
Jet Airways owes more than Rs 8,000 crore to banks, and thousands of crores more in arrears to vendors, lessors and employees.
23 Jun 2019 4:11 PM
SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.
21 Jun 2019 8:03 PM
A single member NCLT bench of Justice Bansi Lal Bhat directed to list ICICI Bank's plea on July 1 for hearing.
17 Jun 2019 1:18 PM
New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.
11 Jun 2019 7:10 PM
RBI has given more freedom to bankers to bring their own resolve, said Indian Banks' Association chief Sunil Mehta.
08 Jun 2019 2:59 PM
The voting on NBCC's bid started on Friday and will continue till June 10.
01 Jun 2019 11:12 AM
Lenders wrote a letter to NBCC late on Friday regarding this matter,
12 May 2019 2:39 PM
Jaypee Group's promoters too are keen to retain control over its realty arm and have submitted debt resolution plan under IBC.
04 May 2019 10:44 AM
The CoC on April 26 had rejected NBCC bid, terming it conditional and without the necessary approval from the government
02 May 2019 11:46 AM
According to sources, NBCC has got the approvals from the Department of Expenditure and the DIPAM for its revised offer.
01 May 2019 5:14 PM
An NCLAT bench headed by Chairman Justice S J Mukhopadhaya allowed RCom to withdraw its appeal.
30 Apr 2019 5:49 PM
Against backdrop of the Supreme Court quashing an RBI circular, a revised set of rules would be released soon.
25 Apr 2019 7:54 PM
Moody's said the resolution of stressed loans impacted by the circular will be further delayed.
02 Apr 2019 7:42 PM