Tuesday, Oct 20, 2020 | Last Update : 08:38 PM IST

195th Day Of Lockdown

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nclt

3 Chinese banks may get Rs 7,000 crore from RCom resolution plan, DoT to get zero proceeds

The NCLT had directed the DoT to file their submission by Friday, when the matter will be heard

21 Aug 2020 9:36 AM

Expedite decision on fresh EOIs: NCLT to Jet Airways lenders

The resolution professional (RP) Ashish Chawcharia requested three weeks time to float the EoI.

19 Dec 2019 7:24 PM

RBI sends DHFL to NCLT for resolution

The city-headquartered pureplay mortgage lender becomes the first NBFC/HFC to go for bankruptcy resolution.

29 Nov 2019 4:22 PM

Govt mulls raising Rs 1 lakh default threshold for invoking IBC: Srinivas

The banks should be looking at other options for recovering loans before invoking the IBC, said Corp Affairs Secy Injeti Srinivas.

14 Oct 2019 10:18 PM

When bizmen default, taxpayers lose savings

It appears wisdom is yet to dawn despite serious banking events that keep bobbing up every few months.

28 Sep 2019 12:00 AM

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NCLT okays merger of Monsanto India with Bayer CropScience

Scheme will become effective after the company files the certified copy of the NCLT order along with the amalgamation scheme.

14 Sep 2019 10:47 AM

Patanjali to infuse Rs 3,438 cr in Ruchi Soya to settle dues

Ruchi Soya informed that resolution applicant Patanjali group will infuse Rs 204.75 crore.

09 Sep 2019 9:39 AM

NCLAT asks Jet Airways IRP to cooperate with Dutch Court Administrator

The Dutch Court Administrator has also agreed before NCLAT not to sell the confiscated assets of debt-ridden Jet Airways.

04 Sep 2019 3:36 PM

Homebuyers drag two NCR realtors to NCLT

In both cases, homebuyers relied on the amended Insolvency and Bankruptcy Code (IBC), which gives them a new status as financial creditors.

26 Aug 2019 1:16 AM

Enforcement actions have generated 'lot of soul searching' at cos: Srinivas

In recent times, the ministry has initiated stringent action against various entities, including auditors, in the IL&FS scam, among others.

12 Aug 2019 5:40 PM

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Jet Airways resolution professional seeks more time to pay salaries

When it was operational, Jet Airways had over 22,000 employees of them over 16,000 were on the rolls.

09 Aug 2019 1:50 PM

Jio, Airtel to bid for RCom's physical assets

RCom lenders have claimed dues of around Rs 49,000 crore on the company till May 2019.

06 Aug 2019 9:48 AM

Unravelling the Tata Mistry

Financial journalist Deepali Gupta talks about her fascination with the boardroom battle between Ratan Tata and Cyrus Mistry.

31 Jul 2019 12:03 AM

Jaypee insolvency: NCLAT asks IDBI Bank to furnish conditions for fresh bidding

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

Not backing out from buying Bhushan Power: JSW tells NCLT

NCLT said that alleged fraud reports will not have any impact on the insolvency resolution process and JSW's resolution plan for BPSL.

15 Jul 2019 3:29 PM

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Banks set to report healthy numbers for Q1

Credit costs are expected to moderate for corporate-heavy banks such as ICICI Bank, Axis Bank and State Bank of India.

11 Jul 2019 1:55 AM

HDFC wants NCLT to keep Jet Airways Hqs out of resolution plan

The consortium of 26 bankers led by State Bank took the grounded Jet Airways to NCLT to recover their dues of over Rs 8,500 crore.

04 Jul 2019 4:43 PM

Economic Survey: Debt recovery strengthened, claims of Rs 1.73 lakh cr settled

The Survey said that IBC has initiated a cultural shift in the dynamics between lender and borrower, promoter and creditor.

04 Jul 2019 3:31 PM

Now, debt-laden Anil Ambani plans to lease out Reliance Infra headquarters

The company had said it would utilise the entire proceeds for debt reduction.

01 Jul 2019 5:43 PM

Lenders approve JSW's Rs 1,550 crore bid for ACCIL

The total admitted debt in the resolution process was around Rs 6,500 crore.

29 Jun 2019 3:11 PM

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