Where Are We Heading For In Implementation Of IBC ?

to Banks to take the first twelve cases (also known as dirty dozen which included Essar Steel) to NCLT under Insolvency and Bankruptcy Code, 2016 … from Google Alert – Insolvency https://ift.tt/2Fvcvi3 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Jet Airways crisis: SBI-led lenders ask Naresh Goyal to resign immediately

SBI chairman Rajnish Kumar also said that the lenders will make every effort to keep Jet Airways flying and invoking the Insolvency and Bankruptcy … from Google Alert – Insolvency https://ift.tt/2FpXP4C File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

McNally Bharat Engineering to declassify EMC as promoter shareholder

By November 2018, the Kolkata bench of NCLT had admitted EMC for insolvency resolution after the company defaulted on payments of around Rs. from Google Alert – Insolvency https://ift.tt/2OjPTol File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Reliance vs Ericsson: Unsecured Creditor Walks Away With Money; Banks Clueless About Recovery

In the scheme of the Insolvency and Bankruptcy Code, the claims of operational creditors rank lower than the claims of secured financial creditors. from Google Alert – Insolvency https://ift.tt/2Cu76Hh File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Time may be running out for Singh brothers to pay up, even as the blame game continues

Religare has already initiated the recovery proceedings through corporate insolvency resolution process under Insolvency & Bankruptcy Code, 2016 … from Google Alert – Insolvency https://ift.tt/2CwzqbN File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Jet Crisis a Pre-Poll Headache for Govt as Oppn Cries ‘Crony Capitalism’, Lenders Dither on …

A question some experts have been asking is pertinent here: why is Jet not being referred to the Insolvency and Bankruptcy (IBC) process, which has … from Google Alert – Insolvency https://ift.tt/2Js8D6z File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Jyoti Structures not to face liquidation, NCLAT upholds ultra high-net-worth individuals’ offer

The company figured in the Reserve Bank of India's first list of a dozen accounts of non-performing assets (NPAs) referred to insolvency courts. from Google Alert – Insolvency https://ift.tt/2FfRcRi File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Banks to take control of Jet Airways cockpit; lenders to infuse Rs 1200 cr

“There are Rs 4000 crore worth of creditors, nobody wants to take Jet Airways through the insolvency process,” said Kumar. The Insolvency and … from Google Alert – Insolvency https://ift.tt/2TNCZoJ File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NCLAT sets aside NCLT’s liquidation order of Jyoti Structures

It was among the largest non-performing assets referred to insolvency by banks following Reserve Bank of … Jyoti Structures insolvency timeline:. from Google Alert – Insolvency https://ift.tt/2HHF91X File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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