The letter dated November 11 asks insolvency professionals to give reasons for non-completion, and name the person(s) responsible for non-completion, if any, 'to enable the board to seek appropriate legal remedy permissible under the IBC for any contravention causing such non-completion'

What is the fate of the 12 large NPA accounts referred by the Reserve Bank of India (RBI) to the then newly-implemented Insolvency and Bankruptcy Code (IBC) for resolution?

The Supreme Court directed all stakeholders including homebuyers to make representation to NBCC within one week so that their concerns are taken note of in the revised plan

A bench of justices A M Khanwilkar and Dinesh Maheshwari issued notice to the National Buildings Construction Corporation Limited (NBCC) and sought its reply in this regard by Thursday

On August 2, the Supreme Court had ordered status quo for two weeks on the insolvency proceeding after Jaypee Group challenged the July 30 order of NCLAT, which allowed the fresh bidding for the cash-strapped Jaypee Infratech

Total benefit to this corporate client from these two judgments will run into thousands of crores, Dave alleges.

The total income of Jaypee Infratech, however, increased to Rs 669.56 crore during the quarter under review. The debt-laden company had reported a total income of Rs 432.31 crore during the year-ago period