The order was passed on an application moved by Resolution Professional Bhaskar Gopal Shetty under Section 33 of the IBC. The ...
The Appellate Tribunal upheld findings that the arrangement allowing the Successful Resolution Applicant to receive 50% of PUFE recoveries was contrary to the IBC framework. The recoveries were held ...
In an order dated May 5, the tribunal allowed withdrawal of CIRP following an amicable settlement with lenders under Section ...
As part of a bankruptcy settlement, JM Financial Products has been allotted more than 142,000 square feet of office space in Mumbai’s Mulund. (Image/FB) The Insolvency and Bankruptcy Board of India ...
The NCLT Bengaluru admitted insolvency proceedings against the Corporate Debtor after finding that loan documents, statements ...
Mumbai, May 5: The National Company Law Tribunal (NCLT), Mumbai bench, has admitted an insolvency plea filed by Motocruizer ...
The Insolvency and Bankruptcy Code, 2016 (IBC Code) enacted on May 28, 2016, provides for invitation of resolution plans from Prospective Resolution Applicants (PRAs) for revival of the corporate ...
The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU's CIRP process ...
The surge in Jaiprakash Power Ventures share price comes as investors assess the potential implications of the Adani Group securing Committee of Creditors (CoC) approval for its resolution offer for ...