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Insolvency

Jaypee Infratech creditors meet to take stock of insolvency process

In the voting process that concluded on June 10, majority of banks voted against NBCC's bid to acquire the debt-laden firm. Most homebuyers voted in favour of the NBCC bid.

Jun 21, 2019, 10:46 AM IST

Good outcome from creditors-company negotiations better than insolvency, says govt official on Jet

He was responding to a query on whether Jet Airways is a fit case to be referred under the Insolvency and Bankruptcy Code (IBC).

Mar 25, 2019, 14:42 PM IST

Centre studying other countries' systems for new individual insolvency framework

The Centre is inclined towards the UK system with some modifications, sources have said.

Jun 21, 2018, 17:43 PM IST

RCom plea against insolvency to be heard by NCLAT on Tuesday

The plea of Anil Ambani-run RCom was mentioned today before the bench of the National Company Law Appellate Tribunal (NCLAT), seeking an urgent hearing on the issue.

May 28, 2018, 16:27 PM IST

RCom moves NCLAT challenging order allowing plea for its insolvency

Anil Ambani-run RCom's plea is expected to be heard by the appellate tribunal in the coming week.

May 22, 2018, 17:06 PM IST

IBBI invites comments from public on regulations notified under Insolvency and Bankruptcy Code

The IBBI has evolved a transparent and consultative process to make regulations.

May 02, 2018, 00:30 AM IST

NCLT orders commencement of insolvency proceedings against Jaypee Infratech

National Company Law Tribunal has admitted insolvency petition of IDBI Bank against Jaypee Infratech. This decision of tribunal might give stress to around 32000 buyers. Watch to know more.

Aug 11, 2017, 16:04 PM IST

Bankruptcy Code positive financial sector reform: Nomura

The insolvency and bankruptcy code is a very positive financial sector reform, especially for the the banking sector, as it will give creditors a legal path for recovering their dues in a time-bound manner, says a Nomura report.

May 08, 2016, 12:17 PM IST

Insolvency Code to make start, exit easy for startups: Nirmala

 Insolvency and Bankruptcy Code will make it easy for a budding entrepreneur to start or exit from the startup business, Commerce and Industry Minister Nirmala Sitharaman said on Thursday.

Mar 17, 2016, 16:26 PM IST

MG Rover execs got big payouts as carmaker failed: Report

Five executives at carmaker Rover took 42 million pounds in pay and pensions as the company headed for insolvency, said a report obtained by the BBC ahead of its official release on Friday.

Sep 11, 2009, 10:55 AM IST