Jaitley lauds success of Insolvency and Bankruptcy Code in bringing back money

The Insolvency and Bankruptcy Code (IBC) has brought back close to Rs 3 lakh crore back into the banking system, Finance Minister Arun Jaitley said … from Google Alert – Insolvency https://ift.tt/2BVFxpK File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NCLAT Directs NCLT To Decide On ArcelorMittal’s Essar Steel Bid By March 8

In October 2018, the committee of creditors for Essar Steel had selected the Lakshmi Mittal-owned company as the winning bidder for the insolvent … from Google Alert – Insolvency https://ift.tt/2U7j54a File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NCLT rejects RIL plea to be heard as operational creditor

RIL had joined the other operational creditors in the Essar Steel Insolvency case and knocked the doors of NCLT Ahmedabad and claimed INR 16.41 … from Google Alert – Insolvency https://ift.tt/2XvG0YU File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

RP Basmati Rice stares at insolvency, seeks new investors

The company entered into insolvency proceedings on 29th November last year and expression of interest was notified on 22nd February, 2019 under … from Google Alert – Insolvency https://ift.tt/2NxoiQg File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

New PwC Report Sheds Light on the Challenges of Crypto Companies Facing Insolvency

The accounting giant yesterday released a report on crypto insolvency which sheds some light on most common mistakes that crypto companies make … from Google Alert – Insolvency https://ift.tt/2GOjk0X File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Sebi likely to tighten takeover norms for insolvent firms under IBC, says report

Market regulator Securities and Exchange Board of India (Sebi) is considering to tighten the takeover rules that are applicable to firms undergoing … from Google Alert – Insolvency https://ift.tt/2Nx1gck File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Viceroy Hotels to undergo forensic audit as Arcil smells foul play

Asset Reconstruction Co had earlier dragged Viceroy to NCLT under the Insolvency and Bankruptcy Code for dues of Rs 525 crore. It had asked for a … from Google Alert – Insolvency https://ift.tt/2GPyRO2 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Resolution Professional contests ED’s seizure of Gitanjali Gems’ assets

The committee has met twice since the insolvency process began but has been unable to make any progress towards resolving the claims of the … from Google Alert – Insolvency https://ift.tt/2GT2E8G File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

JM Financial files insolvency case against Hotel Leela Venture

Hotel Leela Venture said Tuesday JM Financial Asset Reconstruction Company Ltd (JMFARC) has filed an insolvency petition with the Mumbai bench … from Google Alert – Insolvency https://ift.tt/2Ef0FrF File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

India: Supreme Court Upholds NCLAT Judgment Ruling That Insolvency Proceedings May Be …

In the said decision, the Supreme Court affirmed the NCLAT judgment which held that insolvency proceedings against the corporate guarantor may be … from Google Alert – Insolvency https://ift.tt/2T2AaQd File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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