Around 32,000 buyers have booked their homes in 27 different housing projects of Jaypee Infratech.
05 Sep 2017 12:29 PM
SC accepts bank's petition and posts matter for hearing on Monday; homebuyers oppose bank's fresh submission.
05 Sep 2017 11:43 AM
Efforts should be made to revive projects of Jaypee Infratech whose 32,000 customers have not got possession of their flats.
20 Aug 2017 4:30 PM
Buyers say they cannot take their claims anywhere and that the government must take responsibility for these things.
12 Aug 2017 8:07 PM
Allahabad bench of NCLT has admitted the petition filed by IDBI Bank under Section 7 of Insolvency and Bankruptcy Code 2016.
11 Aug 2017 11:40 AM
Haircuts have been classified into four categories marginal, moderate, aggressive and deep.
19 Jul 2017 4:17 PM
IBC has put commercial aspects in hands of stakeholders, judicial aspects with tribunal, said IBBI chairperson.
15 Jul 2017 6:43 PM
SBI is lead banker to defaulters like Bhushan Steel, Essar Steel, Jyoti Structures Ltd and Electrosteel Steel.
14 Jul 2017 11:18 AM
IBC that was passed in May 2016 replaced three existing laws on insolvency and bankruptcy.
13 Jul 2017 3:14 PM
The move comes amid SBI and other lenders starting insolvency proceedings against the 12 bad loan accounts identified by RBI.
29 Jun 2017 2:57 PM
The BSE bank index fell by 1.45 per cent to close at 26,234.14.
27 Jun 2017 6:50 PM
The RBI over a fortnight back referred the 12 largest bad loans for resolution under the Insolvency and Bankruptcy Code 2016.
26 Jun 2017 5:14 PM
Essar Steel, Bhushan Steel and Electrosteel Steel collectively have NPAs worth Rs 1 lakh crore.
23 Jun 2017 11:16 AM
RBI has also asked banks to also review other NPAs and finalise a resolution plan over the next six months.
19 Jun 2017 6:45 PM
President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.
05 May 2017 6:05 PM
RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.
05 May 2017 5:53 PM