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Total 323 results found. Search for [ insolvency plea ]

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BusinessToday.In
New Delhi, January 20, 2021
India's crude oil imports in December soared to the highest levels in nearly three years to more than 5 million barrels per day; The Supreme Court has dismissed the homebuyers' plea against the threshold introduced in the Insolvency and Bankruptcy Code (IBC); Joe Biden, in his maiden address to the nation soon after being sworn in as the 46th President of the United States, would deliver a forward-looking speech built around the theme of unity. Watch this and more on News Blast.Also Read: US President Joe Biden to extend COVID-19 travel restrictions to Europe


Rashi Bisaria
New Delhi, January 20, 2021
India's oil imports reach 3-year high in Dec 2020 at 5 million bpd India's crude oil imports in December soared to the highest levels in nearly three years to more than 5 million barrels per day (bpd) as its refiners cranked up output to meet a rebound in fuel demand, data from trade sources showed. India's year-end rush for crude supplies coincided with stronger demand from north Asian buyers during winter, boosting prices and an accelerating de-stocking of floating storage globally. SC ...


Dipak Mondal
January 19, 2021
The threshold is the requirement that there should be at least 100 allottees or 10 per cent of the total allottees, whichever is less, to support an insolvency application against a real estate project


PTI
January 7, 2021
Aravali Power Company Pvt Ltd and Indraprastha Power Generation have slapped separate payment notices on BSES Rajdhani Power and BSES Yamuna Power for defaulting on payments for the electricity


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


BusinessToday.In
October 12, 2020
The court has asked the lenders for their opinion on a plea by the younger Ambani brother requesting them to be included in his challenge to a separate bankruptcy case against him in India


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


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
September 17, 2020
Supreme Court says Delhi High Court can take up issue on October 6 and state-owned lender can also seek removal or modification of stay order


BusinessToday.In
September 17, 2020
State Bank of India had invoked personal guarantee against Anil Ambani in January 2018 and issued a notice to him. The lender had provided credit facilities of Rs 565 crore and Rs 635 crore to RCom and RITL


PTI
September 3, 2020
The observations from a two-member NCLAT bench came as it upheld an order of the National Company Law Tribunal


BusinessToday.In
September 2, 2020
A bench headed by Justice Ashok Bhushan, which commenced final hearing on a batch of petitions on waiver of interest on deferred loans, was told that paying interest on interest is a \"double whammy\" for borrowers and banks cannot charge it


BusinessToday.In
August 28, 2020
United Breweries Holdings Ltd. (UBHL), on Thursday, moved the Supreme Court against the Karnataka High Court's March 6 order that upheld the winding-up ruling passed in February 2018 as the company failed to pay admitted liabilities to its creditors


PTI
August 24, 2020
Department of Telecommunications told the Supreme Court today that the guidelines mandate that all liabilities including AGR-related dues should be cleared by telecom firms prior to spectrum trading


BusinessToday.In
August 17, 2020
Solicitor General Tushar Mehta told the court that the government's official position is that it will support any decision that SC takes to help recovery of 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
The Supreme Court on Friday adjourned the hearing in the Adjusted Gross Revenue (AGR) related dues case to August 17


BusinessToday.In
August 14, 2020
Supreme Court had earlier asked the Department of Telecom (DoT) to apprise it about how it plans to recover AGR related dues from telecom companies facing insolvency proceedings


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


BusinessToday.In
August 6, 2020
The Supreme Court on Thursday transferred all pending appeals related to debt-ridden Jaypee before the National Company Law Appellate Tribunal (NCLAT) to itself


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