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Total 197 results found. Search for [ Corporate Debtor ]

Results 1 to 21 of 197
Dipak Mondal
January 8, 2021
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


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


Srinath Sridharan
December 23, 2020
Bad banks as a concept works efficiently when the domestic debt market is deep and the number of market participants is wide enough to allow sufficient price-discovery and market-making


BusinessToday.In
December 21, 2020
Mahindra & Mahindra (M&M) informed the bourses last week that its loss-making South Korean subsidiary had missed repayments of loans aggregating to around 60 billion KRW (South Korean won), or Rs 408 crore


Dipak Mondal
December 9, 2020
In an interaction with Business Today, Venugopal Dhoot says that they plan to raise the money from monetisation of assets, affordable housing, consumer electronics and home appliances business


Dipak Mondal
New Delhi, December 9, 2020
Private equity and stressed asset funds continue to show interest in acquiring value assets undergoing insolvency proceedings despite delays and litigation


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


Dipak Mondal
New Delhi, September 30, 2020
Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process


BusinessToday.In
September 26, 2020
Bankim Thanki, who represented three Chinese banks, said list of his witnesses and assets provided by Ambani was incomplete; he even pointed out to shopping done by Ambani using his credit card from luxurious stores like Harrods, Dolce and Gabbana and Harvey Nichols


Dipak Mondal
September 25, 2020
Majority of the claims were submitted by financial creditors having corporate guarantee or charge on shares of special purpose vehicles


BusinessToday.In
September 25, 2020
The Parliament had recently approved Section 10A under the second amendment to the IBC that allows the government to extend the suspension of insolvency proceedings for up to a year from the date of beginning


PTI
September 19, 2020
She was replying to a debate on the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, in the Rajya Sabha which passed the proposed legislation to replace an ordinance in this regard with voice vote


PTI
September 19, 2020
In June, an ordinance was promulgated to amend the Insolvency and Bankruptcy Code (IBC) whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 amid the coronavirus pandemic


BusinessToday.In
August 26, 2020
Following the update, shares of Punjab National Bank opened with a gain of 1.56% and touched an intraday high of Rs 35.75 on BSE against their earlier close of Rs 35.20, also its intraday low. Punjab National Bank stock has gained after 2 days of consecutive fall


Dipak Mondal
August 25, 2020
PNB informed the Ministry of Corporate Affairs that upon liquidation of the debtors' assets by the US Chapter 11 Trustee, a sum of $11.04 million was available for distribution to unsecured creditors, including the bank


Manu Kaushik
August 19, 2020
With telecom department and creditors at the loggerheads, and each side presenting a convincing argument, it would be interesting to see what road the apex court takes to secure the AGR dues


Dipak Mondal
August 15, 2020
The apex court said that the NCLT cannot admit cases of default more than three years (as prescribed by the Limitation Act) before the filing of insolvency application


BusinessToday.In
August 14, 2020
Countering the government's stand on ownership of spectrum, the Committee of Creditors (CoC), led by the SBI told the Supreme Court that the spectrum is an essential and integral part of RCom's assets and is vital for its continuance as a going concern


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