New Delhi, April 9 The National Company Law Appellate Tribunal has rejected a joint petition filed by five banks – Indian Bank, UCO Bank, Bank of Baroda, ICICI Bank, and Union Bank of India – challenging the distribution of funds to dissenting financial creditors SBI and Punjab National Bank.A...
bank of baroda
corporate insolvencyresolutionprocess
financial creditors
icici bank
indian bank
insolvencyresolutionprocess
monitoring committee
national company law appellate tribunal
nclt
ocli iron and steel
puneb national bank
resolution plan
section 30(2)(b)
state bank of india
uco bank
union bank of india
New Delhi, April 3 The National Company Law Appellate Tribunal (NCLAT) has rejected Raheja Developers' plea to close the insolvency resolution process against its project, Raheja Shilas, in Gurugram, after observing that the issues with flat buyers have not been resolved.It further stated that...
New Delhi, March 30 The government has appointed Aparna Sinha as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI), according to an official notification.Sinha, who is currently serving as an Adviser (FSRL) in the Department of Economic Affairs, Ministry of Finance...
bankruptcy
corporate governance
department of economic affairs
financial regulation
government appointment
ibbi
india
information utilities
insolvency and bankruptcy board of india
insolvency professionals
insolvencyresolutionprocess
ministry of corporate affairs
ministry of finance
regulatory board
reserve bank of india
New Delhi, March 29 – Anil Agarwal, a major mining tycoon, on Sunday claimed that Vedanta had received written confirmation that it had won a bid for a Jaypee Group asset, but the decision was subsequently reversed, without elaborating on the reasons.In a social media post, Agarwal said that...
adani enterprises
bid valuation
cement manufacturing
creditors
debt recovery
gautam adani
hotel industry
india
infrastructure assets
insolvencyresolutionprocess
jaiprakash associates ltd (jal)
jaypee group
national company law appellate tribunal (nclat)
national company law tribunal (nclt)
real estate
resolution plan
vedanta
New Delhi, March 29 The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, in which the leading bourse challenged the power of the NCLT to unfreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation.A two-member NCLAT bench...
corporate debtors
demat accounts
future corporate resources
ibc
insolvency and bankruptcy code
insolvencyresolutionprocess
liquidation
liz traders and agents
lodr regulations
national company law appellate tribunal
nclat
nclt
resolution professionals
sebi
securities and exchange board of india
securities law framework
New Delhi, March 10 – The Union Cabinet has given its approval for amendments to the Insolvency and Bankruptcy Code, potentially paving the way for the introduction of the IBC Amendment Bill in the ongoing parliamentary session, according to sources.The proposed legislative updates are based...
bankruptcy
committee of creditors
corporate law
corporate resolution
cross-border insolvency
group insolvency
india
insolvency and bankruptcy code
insolvencyresolutionprocess
ministry of corporate affairs
parliamentary committee
union cabinet
New Delhi, March 10 The Union Cabinet approved amendments to the insolvency law and the Companies Act on Tuesday, according to sources.Specific details could not be immediately ascertained.The sources said that the Cabinet has approved various amendments to the Insolvency and Bankruptcy Code...
bankruptcy
companies act
corporate affairs ministry
corporate law
financial regulation
government regulations
india
insolvency and bankruptcy code
insolvencyresolutionprocess
legal amendments