Adani Ports & SEZ share is trading higher than 5, 20, 50, 100 and 200-day moving averages. The market capitalisation of the stock stood at Rs 1,34,369.90 crore today.

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

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

Dewan Housing Finance Corp share rose 4.96% to Rs 27.50 against previous close of Rs 26.20 on BSE

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 Before that, the company's board was superseded and R Subramaniakumar was appointed as the administrator

Though resolution professional will be appointed, he will only be responsible for smooth running of the pre-pack process, which is supposed to be completed in 90-120 days for filing of resolution plan with the AA plus 30 days for AA to approve it

The enactment of the Insolvency and Bankruptcy Code in 2016, (IBC) along with RERA ushered in a new era of regulation for the Indian real estate sector. Both these reforms strengthened the hand of homebuyers, giving them alternate forums to get justice

Now defaults for a whole year since March 25 will not be subject to insolvency proceedings

For companies undergoing insolvency and seeking relisting, Sebi said such companies will be mandated to have at least 5 per cent public shareholding at the time of their beginning of trading on the stock exchanges

During first half of the current fiscal, number of cases admitted (which were in default before the suspension was announced) declined by 82 per cent (161 cases vs 889 cases) compared to first half of FY20

Why are other bidders in the race to acquire DHFL (either its retail business or the combined business) not amused with Adani Group's bid for the housing finance company?

The observations from a two-member NCLAT bench came as it upheld an order of the National Company Law Tribunal

A draft paper released by the Insolvency and Bankruptcy Board of India (IBBI) has proposed that those assets which are not easily converted into cash during the liquidation process must be distributed among creditors, and the liquidation process closed

Anil Ambani individual insolvency proceedings: With the sword now hanging over promoter's own personal wealth, experts feel they would no longer deliberately try to drag on a process for time immemorial

When asked about what could be the lasting impact once things normalise after COVID-19, Sahoo said necessity is the mother of invention and that the focus is on swift response

The company is currently under moratorium under the Code (IBC) since November 29, 2019 and hence, it is not in a position to make payment of interest or principal to any of the lenders of the company, including the NCDs holders

The special draft framework recommends that the insolvency procedures against an MSME can only be triggered by the MSME itself and not by any of the creditors

This, however, will not apply to defaults committed before March 25, when a nationwide lockdown was imposed by the Centre to check the spread of coronavirus

To use this functionality, the appointed IRP/RP should choose the reason to obtain new registration in the drop-down menu as \"corporate debtor undergoing the corporate insolvency resolution process by IRP/RP\" while applying for registration on the GST portal, GSTN said in a statement

\"The revised timeline for completion of the CIRP of Jet is now August 21, 2020, subject to any further extension of the lockdown by the state government of Maharashtra or the Central Government, as the case may be,\" Jet Airways said in an exchange filing