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Total 501 results found. Search for [ Insolvency and Bankruptcy Code ]

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PTI
May 23, 2018



PTI
May 23, 2018



PTI
May 23, 2018



PTI
May 23, 2018



BusinessToday.In
New Delhi, May 23, 2018
The committee also rejected the recommendation under the section 29A for disqualification for MSMEs. The MSMEs (Micro Small and Medium Enterprises) will now be exempted from all conditions under the Section 29 of the IBC. Under Section 29 of the IBC Act, a person or a company suffering disqualification can't participate in the resolution process.


PTI
May 23, 2018



PTI
May 23, 2018



PTI
May 22, 2018
The National Company Law Appellate Tribunal (NCLAT) today declined to order a status quo on the bids to maximise the offer for debt-ridden Binani Cement by the two resolution applicants UltraTech Cement and Dalmia Bharat group.


PTI
May 22, 2018



BusinessToday.In
New Delhi, May 22, 2018
Top executives at fraud-hit PNB misled RBI: CBISenior executives at Punjab National Bank misled the Reserve Bank of India (RBI) in late 2016 over the lender's handling of the financial messaging system and credit guarantees that were at the centre of a more than $2 billion fraud, the Central Bureau of Investigation (CBI) alleged in a charge sheet filed in court. Former PNB Chief Executive Usha Ananthasubramanian; two of the bank's executive directors - K.V. Brahmaji Rao and Sanj...


PTI
May 21, 2018



PTI
May 21, 2018



BusinessToday.In
New Delhi, May 21, 2018
he National Company Law Appellate Tribunal (NCLAT) today issued notices to Tata Steel, the resolution professional and the committee of creditors (CoC) of Bhushan Steel (BSL) on a petition filed by its promotor Neeraj Singal challenging the takeover last week.


PTI
May 20, 2018



PTI
May 20, 2018
In the first list of 12 accounts sent to NCLT for resolution under Insolvency and Bankruptcy Code, BoI's exposure was Rs 8300 crore. In the second list of 27 accounts, the exposure was Rs 3000 crore.


PTI
New Delhi, May 19, 2018
Tata Steel Ltd has won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in an insolvency auction. The bankrupt firm was among the 12 stressed assets the RBI had referred to NCLT proceedings last year.


PTI
May 19, 2018



BusinessToday.In
New Delhi, May 18, 2018
In its statement, Tata Steel assured that all necessary approvals, like from Competition Commission of India (CCI) and National Compan Law Tribunal (NCLT), have already been secured.


PTI
May 18, 2018



PTI
May 18, 2018



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