Timely NCLT resolutions can release Rs 67000 crore to lenders

According Icra, as of December 2018, as many as 898 corporate insolvency cases are awaiting a resolution as against 768 cases as in September … from Google Alert – Insolvency http://bit.ly/2BkDZWn New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

BQuick On Jan. 29: Top 10 Stories In Under 10 Minutes

The tribunal has pointed out that an application of withdrawal under Section 12A of the Insolvency and Bankruptcy Code can only be considered if it's … from Google Alert – Insolvency http://bit.ly/2TmzSjc New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

NCLT rejects Ruias bid to regain control of Essar Steel

Within days of the Supreme Court ruling on Section 12A of the Insolvency and Bankruptcy Code (IBC) clarifying that promoters can take back control of … from Google Alert – Insolvency http://bit.ly/2Bc8DRq New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

Timely NCLT resolutions can release Rs 67000 crore to lenders: ICRA

According to Icra, as of December 2018, as many as 898 corporate insolvency cases are awaiting a resolution as against 768 cases as in September … from Google Alert – Insolvency http://bit.ly/2TtiiKo New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

It’s advantage ArcelorMittal, as NCLT rejects Essar Steel promoters’ plea to repay debt

While the Tribunal had done nothing wrong in selecting the bid by ArcelorMittal, it added that a withdrawal of the insolvency case – as demanded by … from Google Alert – Insolvency http://bit.ly/2Bc8CwQ New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

Promoters offered to pay Rs 54389 crore: NCLT dismisses Ruias’ proposal to settle Essar debt

AHMEDABAD | MUMBAI | KOLKATA: India's dedicated insolvency court on Tuesday rejected the offer by Essar Steel promoters to pay off the … from Google Alert – Insolvency http://bit.ly/2TkxSrN New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

Govt sets March deadline to resolve Jaypee Infratech insolvency case, among others: report

The government has set a March deadline for bankers and resolution professionals to resolve nine out of the 12 insolvency cases, with Essar Steel … from Google Alert – Insolvency http://bit.ly/2DGkGbC New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

Increasing no of cases, delays spook insolvency resolution

About 49% of the cases currently under insolvency process have crossed 180 days, the time limit set for resolution under IBC, which can be extended … from Google Alert – Insolvency http://bit.ly/2UiHwv8 New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

Kotak Investment may team up with co-applicants for RP

Kotak Investment Advisors may team up with co-applicants for submitting a resolution plan for insolvent Jaypee Infratech Ltd (JIL). State-run NBCC … from Google Alert – Insolvency http://bit.ly/2DGhlck New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

Government sets March deadline to resolve 9 top insolvency cases

The overall message is to speed up resolution of cases to signal that the Insolvency & Bankruptcy Code (IBC) is providing the desired results in … from Google Alert – Insolvency http://bit.ly/2Uj0diq New: Now file your insolvency claims at http://bit.ly/2MsIH8v directly!

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