bank recovery

In New Delhi, on April 1, the Parliament passed amendments to the insolvency law to expedite the resolution of struggling companies and reduce the backlog of cases. Finance Minister Nirmala Sitharaman emphasized that the goal is not to liquidate companies, but to help them operate with...

Thane, March 16 In a major effort to clear the backlog of cases in the judicial system, the National Lok Adalat held in Thane district has resolved 83,424 cases, including both pre-litigation and ongoing trial matters, resulting in a total settlement of Rs 187.50 crore, an official said on...

A National Lok Adalat was held at the Anantnag District Court Complex to resolve pending cases through mutual agreement and promote speedy justice.March 14, Srinagar: A National Lok Adalat was organized at the Anantnag District Court Complex, providing an effective platform for the amicable...

New Delhi, March 9 Secretary of the Department of Financial Services, M Nagaraju, chaired a review meeting on Monday to monitor the progress in top insolvency and bankruptcy cases pending for admission and resolution at the National Company Law Tribunal (NCLT).The meeting was attended by...

Mumbai, February 23 The fraud involving Haryana government accounts worth Rs 590 crore is the result of collusion between employees of IDFC Bank and external parties, its Managing Director and Chief Executive, V Vaidyanathan, said on Monday.In a specially convened call for investors and...