New Delhi, April 2 The Supreme Court on Thursday overturned the bail granted to businessman Satinder Singh Bhasin in connection with a multi-crore rupee alleged "Grand Venice Mall" scam in Greater Noida, and ordered him to surrender to the jail authorities within a week.A bench comprising...
New Delhi, April 1 The Insolvency and Bankruptcy Code has helped improve the health of the Indian banking sector, Finance and Corporate Affairs Minister Nirmala Sitharaman said on Wednesday.The Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, after the Rajya Sabha...
asset recovery
banking sector
bankruptcyproceedings
corporate law
creditor oversight
financial recovery
government of india
ibc amendments
india
insolvency and bankruptcy code
liquidations
lok sabha
micro small and medium enterprises
rajya sabha
resolution process
New Delhi, March 31 – Vedanta Ltd, owned by mining billionaire Anil Agarwal, has told the Supreme Court that its revised bid for the bankrupt Jaiprakash Associates Ltd was rejected, despite being better than Adani Group's offer.In its petition challenging the lenders' decision to accept...
adani group
asset acquisition
bankruptcyproceedings
cement industry
corporate debt restructuring
debt resolution
financial bid
financial creditors
hospitality industry
india
insolvency and bankruptcy code (ibc)
jaiprakash associates ltd
nclat (national company law appellate tribunal)
nclt (national company law tribunal)
power industry
real estate industry
resolution plan
vedanta ltd
Mumbai, March 19 The Bombay High Court has criticized the misuse of provisions of the Insolvency and Bankruptcy Code (IBC) by loan defaulters and guarantors to "gain immunity" by imposing a moratorium, and said this practice has the potential to negatively impact the country's economy.A bench...
bankruptcyproceedings
debt default
debt recovery tribunal
financial facilities
guarantors
insolvency and bankruptcy code
loan defaulters
moratorium
national company law tribunal
property auction
securitisation and reconstruction of financial assets act
south mumbai
union bank of india