Bajaj Hindusthan Sugar plunges 17% after SBI's insolvency plea
SBI as a financial creditor has filed the petition at the Allahabad bench of the NCLT under the Insolvency and Bankruptcy Code
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Zee Learn shares drop 18% in opening trade, but why….
YES Bank on Monday filed an insolvency case against Zee Learn with respect to default of the financial facility worth ₹468 crore.
Power is to get people to change for the better: Zia Mody
The sexagenarian is a towering figure in corporate law. In her illustrious career, she has worked with most Indian corporate behemoths, including RIL and Tata Group.
Centre to clip banks' wings amid alert over deep haircuts in insolvency
MCA to soon begin deliberations with RBI, finmin on IBBI recommendations to bring in a code of conduct
Did RBI drag its feet on $4-bn SREI crisis?
Debate heats up as the central bank sends SREI companies to insolvency, supercedes board
IBBI approves code of conduct for banks in insolvency cases
The IBBI board has purportedly approved the code of conduct to mitigate the issue of haircut in insolvency cases, albeit it won’t have any penal provisions or statutory enforcements.
Why ex-promoters are stuck on their bankrupt firms
Ever since India’s bankruptcy law came into being, several businessmen have sprung up with ‘eye-popping’ offers for their fallen stars at the risk of delaying the insolvency process.
Budget 2021: Ways to relieve banks’ NPA burden
There is a need to make the insolvency system more robust, and the revival mechanism swifter and more efficient. The Budget 2021 may provide a way forward.
Reprieve for DHFL’s small fixed deposit holders
Lenders decide to pay FD depositors holding up to ₹2 lakh the full amount while other depositors will face the distribution mechanism.
Adani seeks resolution of HDIL via asset demerger
None of the three prospective bidders submitted a resolution plan for the Mumbai-based real estate company before the deadline expired on January 7.
