
This issue cropped up in the resolution of RCom and Aircel earlier and now is holding up Go First’s resolution.…
In an exclusive interview, Santosh Pandey, CEO, Sarthak Advocates & Solicitors, shares his perspective on why the insolvency process of…
Steps To File Insolvency Petition: NCLT with territorial jurisdiction over the place where the registered office of the corporate is,…
The airline said it was forced to apply after engine failure grounded a chunk of its fleet, resulting in major…
The 90 days deadline extension was necessitated as the lenders decided to hold a second round of auction on April…
The government won’t extend the insolvency regime to new sections of the economy, but will work to stabilise the current…
The Reliance Capital case shows why the insolvency process is broken and needs some urgent fixing
As insolvency petitions against Srei Infrastructure Finance (SIFL) and its subsidiary Srei Equipment Finance (SEFL) were filed by the Reserve…
To be covered under IFSCA Act
The minister highlighted the tepid response to the pre-packaged scheme for MSMEs, under which only the debtor gets to trigger…
Sitharaman, who is in charge of finance and corporate affairs ministries, was speaking at a function in the national capital…
Given the fact that the IBBI is the newest financial sector regulator (it came into being only in late 2016),…
A revised fee structure for resolution professionals for getting lenders a good price is a pragmatic step
Ease of Doing Business for MSMEs: The share of the trading sector with 567 cases (from 454 in June 2021)…
The latest petition is filed against Future Enterprises by Retail Detailz India, claiming default of Rs 4.02 crore before the…
The bidders, who were pursuing the process, had complained of lack of sufficient data to conduct verification of the entities,…
The ILC had also suggested that a mechanism for reviewing late submissions of plans and unsolicited revisions to plans be…