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The financial creditors would vote for the second time on the resolution plan for Jaypee Infratech.

Jaypee Infratech insolvency: Lenders to meet on Nov 18 to comply with...

Jaypee Infratech, a subsidiary of Jaiprakash Associates, has an outstanding debt of nearly Rs 9,800 crore.

13 Nov 2019 9:19 AM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Insolvency law's objective is reorganisation of defaulting firms:...

Insolvency and Bankruptcy Code provides a framework for market-driven and time-bound resolution process.

31 March 2019 4:54 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Creditors-company negotiations better than insolvency: govt official...

In afternoon trade, shares of Jet Airways rose nearly three per cent to Rs 232.35 on the BSE.

25 March 2019 1:36 PM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

RCom withdraws plea against NCLT order allowing bankruptcy proceedings

An NCLAT bench headed by Chairman Justice S J Mukhopadhaya allowed RCom to withdraw its appeal.

30 April 2019 5:49 PM IST

The rules of the new insolvency regulations to bring individual businesses under its purview are likely to be in place soon. (Representational Image)

Stressed assets resolution: RBI mulls giving 60 days additional time...

Against backdrop of the Supreme Court quashing an RBI circular, a revised set of rules would be released soon.

25 April 2019 7:54 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

SC order on RBI circular negative for banks, may defer debt resolution

Moody's said the resolution of stressed loans impacted by the circular will be further delayed.

2 April 2019 7:42 PM IST

Supreme Court of India. (Photo: Representational Image)

SC quashing RBI circular to give relief to power cos but delay...

"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril...

2 April 2019 5:43 PM IST

Homebuyers have been protesting after NCLT admitted IDBI Banks insolvency plea against Jaypee Infratech. Photo: Representational/PTI

Jaypee Infratech insolvency: Lenders ask NBCC to withdraw some...

Lenders wrote a letter to NBCC late on Friday regarding this matter,

12 May 2019 2:39 PM IST

Jaypee group is selling its assets to reduce debt.

Suraksha's bid to acquire Jaypee Infra fails after creditors reject...

Jaypee Group's promoters too are keen to retain control over its realty arm and have submitted debt resolution plan...

4 May 2019 10:44 AM IST

Jaypee group is selling its assets to reduce debt.

After govt nod, NBCC asks Jaypee Infratech RP to reconsider offer

The CoC on April 26 had rejected NBCC bid, terming it conditional and without the necessary approval from the government

2 May 2019 11:46 AM IST

Homebuyers have been protesting after NCLT admitted IDBI Banks insolvency plea against Jaypee Infratech. Photo: Representational/PTI

Jaypee Infratech insolvency: NBCC gets approvals from govt for revised...

According to sources, NBCC has got the approvals from the Department of Expenditure and the DIPAM for its revised offer.

1 May 2019 5:14 PM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

Insolvency proceedings initiated against Jet Airways

Jet Airways owes more than Rs 8,000 crore to banks, and thousands of crores more in arrears to vendors, lessors and...

23 Jun 2019 4:11 PM IST