"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril Amarchand Mangaldas.
02 Apr 2019 5:43 PM
Insolvency and Bankruptcy Code provides a framework for market-driven and time-bound resolution process.
31 Mar 2019 4:54 PM
In afternoon trade, shares of Jet Airways rose nearly three per cent to Rs 232.35 on the BSE.
25 Mar 2019 1:36 PM
IRP will place the resignations for acceptance in the next meeting of the Committee of Creditors.
10 Sep 2018 5:21 PM
Tata Steel has completed the acquisition of 72.65 per cent stake of the company.
15 Jul 2018 6:48 PM
The entire BSL management was changed last month after Tata Steel took control of the company.
08 Jun 2018 5:45 PM
The company had yesterday spelled out steps to be taken for completion of its takeover by Vedanta Star Ltd.
06 Jun 2018 1:50 PM
Around 19 of the 21 state-run banks reported losses for the fiscal, including country's largest lender SBI.
01 Jun 2018 3:36 PM
Tata Steel, which won the bid for Bhushan Steel Ltd (BSL), completed the acquisition of controlling stake of 72.65 per cent.
24 May 2018 12:25 PM
NCLAT would conduct daily hearing from July 23 on the matter.
22 May 2018 4:04 PM
Earlier this week, the NCLT in Mumbai admitted an insolvency petition filed by Swedish firm Ericsson against RCom.
18 May 2018 4:03 PM
It filed for voluntary Chapter 7 bankruptcy in the Southern District of New York, court filings showed.
18 May 2018 1:52 PM
The step-down subsidiaries include Videocon Telecom, Electro World and Millennium Appliances.
25 Apr 2018 12:51 PM
NS Vishwanathan on Wednesday raised concerns over the large number of borrowers failing on the one-day default norm.
18 Apr 2018 4:54 PM
The consortium of lenders, led by SBI, is claiming dues of over Rs 23,000 crore from Alok Industries.
15 Apr 2018 7:05 PM
The ongoing Binani Cement insolvency case has taken a new twist.
06 Apr 2018 6:38 PM
Proposed merger has already received regulatory approvals from the Ministry of Information and Broadcasting.
12 Jan 2018 10:07 AM
RCom nationwide network is seeking a total of 11.55 billion rupees from company and two of its subsidiaries.
14 Sep 2017 1:05 PM
Non-performing loan resolution process is going on for 12 companies and this represent 25 per cent of total bad loans in the system NPLs.
13 Sep 2017 4:11 PM
Apex court allows Jaypee to raise Rs 2,000 cr by selling land or any properties with prior approval of IRP.
11 Sep 2017 3:34 PM