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Total 484 results found. Search for [ Bankruptcy Board of India ]

Results 1 to 21 of 484
PTI
February 26, 2021
In November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings


Prasanna Mohanty
February 14, 2021
India needs to collect and declare credible data on stressed assets, identify sectors and companies where these are accumulated and be transparent in insolvency resolution before jumping to a new mechanism


Prasanna Mohanty
February 10, 2021
RBI's database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses serious macro-financial risks to the economy


Prasanna Mohanty
February 7, 2021
At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue


Ajita Shashidhar
February 5, 2021
Over 50 per cent of the food and grocery merchandise at the Future Retail stores are being supplied by JioMart, and the deal is an extended credit period


Anand Adhikari
February 1, 2021
Budget 2021 news: Currently, the banks have gross NPAs of around 7 per cent which is expected to rise to 15 per cent by September this year if the situation deteriorates


BusinessToday.In
January 22, 2021
Billionaire Ajay Piramal's Piramal Group has emerged as the preferred bidder for debt-laden mortgage lender DHFL


Dipak Mondal
January 19, 2021
The threshold is the requirement that there should be at least 100 allottees or 10 per cent of the total allottees, whichever is less, to support an insolvency application against a real estate project


BusinessToday.In
January 17, 2021
DHFL was the first finance company to be referred to NCLT for insolvency proceedings. Before that, the company's board was superseded and R Subramaniakumar was appointed as the administrator


PTI
January 16, 2021
Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital


PTI
December 31, 2020
To provide relief for entities impacted by the pandemic, the government has suspended fresh proceedings under the Insolvency and Bankruptcy Code (IBC) starting from March 25


Sumant Banerji
New Delhi, December 9, 2020
A spate of acquisitions in the last five years has put Motherson Group among the 50 biggest automotive component firms globally. It is now eyeing a place in the top 10 by trebling revenues by 2025


Niti Kiran
December 3, 2020
With this, the September quarter witnessed a drop of around 85 per cent compared with the previous year, said a CARE Ratings report. This can be attributed to the suspension of fresh bankruptcy proceedings for COVID-19 defaults


PTI
November 20, 2020
OneWeb, the Low Earth Orbit (LEO) broadband satellite communications firm, also announced new management with telecom czar Sunil Mittal at the helm as Executive Chairman


BusinessToday.In
October 21, 2020
Pramod Mittal, the younger brother of UK-based steel magnate Lakshmi Mittal, was declared bankrupt this summer by the Insolvency and Companies Court in London with debts of over 130 million pounds


PTI
October 18, 2020
In November last year, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings


Dipak Mondal
October 14, 2020
Pre-packs are popular in many countries as an alternative to lengthy insolvency processes as they are faster, cheaper and are done with statutory sanctioning


BusinessToday.In
October 5, 2020
The key findings of the report by Grant Thornton allude to hundreds of fictitious loan accounts, demand for recoveries amounting to Rs 14,046 crore, and deposits routed through an imaginary entity in Bandra


Anand Adhikari, Nevin John & Niti Kiran
New Delhi, September 30, 2020
India Inc. must brace up for large-scale ratings downgrade, defaults and assets sale


BusinessToday.In
September 15, 2020
Central Bureau of Investigation has said 38 people involved in financial irregularities with banks fled from India between January 1, 2015, and December 12, 2019, Anurag Thakur said


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