NCLT orders insolvency proceedings against Future Retail
NCLT has appointed Vijaykumar V Iyer of Deloitte India Insolvency Professionals LLP as the interim resolution professional for the insolvency proceedings against Future Retail.
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Future shareholders vote on ₹24,713-cr Reliance Retail deal
Another meeting with secured and unsecured creditors of the listed Future Group companies is scheduled for today.
Bank of India drags Future Retail to bankruptcy court
The lender’s move to seek insolvency proceedings against the embattled retailer is likely to affect its ₹24,713 crore asset sale deal with Reliance Industries.
NCLT declares Supertech insolvent; what’s the future of 25,000 homebuyers
The NCLT has appointed Hitesh Goel as the insolvency resolution professional, who is expected to kickstart the corporate insolvency resolution process soon
The path to a fast resolution
Pre-packs—processes where a sale or turnaround plan is finalised for a business before the start of the insolvency process—make for a speedy resolution. But are they viable under Indian laws?
Who moved my shareholder dispute?
In the time of a pandemic, dispute resolution needs to change from standing before a bench to sitting across a table.
Did lenders destroy the value of Jet Airways?
With banks now seeking a resolution under the Insolvency and Bankruptcy Code, it perhaps is the end of the road for India’s premier airline Jet Airways.
IL&FS: Desperate times, desperate measures
The IL&FS Group will cut almost 65% of its total workforce.
IBC: A code in need of an urgent upgrade
Unless issues around implementation are fixed, The Insolvency Code will remain an insolvent code.
The insolvency conundrum
Editor’s letter from the May issue
