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Asian News International on MSNIBC helped resolve bad loans of over Rs 12 lakh crore in 9 years, but resolution time doubled: CRISIL reportThe Insolvency and Bankruptcy Code (IBC), introduced nine years ago, has played a crucial role in resolving stressed debt in ...
Resolution plans have on an average yielded a recovery of 93.4% of the fair value of the assets, says Shailendra Ajmera.
Mumbai: Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more ...
Sreekanth Reddy, Joint MD of Sagar Cements said Andhra Cement, which Sagar acquired through National Company Law Tribunal (NCLT), has outperformed expectations and is now a standout asset.
The petition, filed under Section 95 (1) of the Insolvency and Bankruptcy Code (IBC), 2016, pertained to a default amounting ...
Indore (Madhya Pradesh): The Supreme Court on Tuesday expressed concern over irregularities in the appointment and posting of members to the National Company Law Tribunal (NCLT) benches across India, ...
NCLT approves Adani Cementation merger with Ambuja Cements, consolidating Adani Group's cement business for synergistic ...
Since 2016, IBC has enabled the direct resolution of ₹12 lakh crore of debt for around 1,200 cases of stressed borrowers.
The Supreme Court today asked the Union government to look into the manner of posting of Judicial/Technical members for the ...
Adani Group is the second-largest Cement manufacturer in the country with over 100 million tonnes per annum (MTPA) capacity.
The Supreme Court today directed the Union government to examine the manner of posting of Judicial and Technical members to National Company Law Tribunal (NCLT) benches across the country, expressing ...
The NCLAT overturned the NCLT's decision to replace the resolution professional in Hindusthan National Glass Industries' insolvency case. The Supreme Court directed the NCLT to adhere to its ...
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