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Total 315 results found. Search for [ Insolvency and bankruptcy Board of India ]

Results 1 to 21 of 315
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


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


Rupa Burman Roy
September 7, 2020
Under the top BSE 200 scrips, Vodafone's shares have risen 21% MoM. The stock has gained 65% year-to-date, ranking in the fourth position in top BSE 200 scrips, after Adani Green, Aurobindo Pharma, Divi's Labs and Tata Consumer


PTI
September 3, 2020
As per the report prepared by the transaction auditor, the concerned transactions occurred during financial years 2006-2007 to 2018-19, DHFL said in a regulatory filing


Dipak Mondal
August 27, 2020
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


BusinessToday.In
August 22, 2020
As per an arrangement negotiated between Kishore Biyani, promoter of Future Group, RIL, and Indian lenders, the banks will have to wait until RIL brings in money to invest in Future Enterprises Ltd (FEL) after three other group firms are merged into it


BusinessToday.In
August 21, 2020
Selling of controlling stake in Future Retail to Mukesh Ambani's RIL is seen as biggest setback to Biyani, known as one of the best minds in retail business in India. But how did he come to this point?


BusinessToday.In
August 21, 2020
India Stock Market Highlights Today: PowerGrid, followed by SBI, HDFC Bank, IndusInd Bank, Axis Bank, Tata Steel, Reliance Industries and Infosys were aamong the top gainers in the Sensex pack. On the other hand, Bharti Airtel was the sole laggard today


Dipak Mondal
August 11, 2020
This local-only rule according to the IBBI has been done to facilitate ease of coordination and communication between the authorised representative and the creditors in the class the representative represents


BusinessToday.In
August 5, 2020
As per the resolution plan, UV Asset Resolution Co Ltd (UVARCL) has been approved as buyer of RCom and its subsidiary RTIL, while Reliance Jio will get the tower and fiber assets of Reliance Infratel


Prasanna Mohanty
July 29, 2020
Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations


BusinessToday.In
July 28, 2020
Gandhi says RBI governor resigned in just over two years as Prime Minister Narendra Modi didn't want him to go after wilful defaulters


PTI
July 26, 2020
Within days of acquiring Essar Steel under an insolvency process, AMNSIL had made an application to the Gujarat Maritime Board requesting that the licence be transferred to them


PTI
July 26, 2020
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


PTI
July 12, 2020
SBI Capital Markets has received 24 applications requesting about Rs 9,875 crore of financing as on July 7, 2020, which are being processed, the finance ministry said in a statement


PTI
July 5, 2020
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


Dipak Mondal
June 30, 2020
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


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