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Total 349 results found. Search for [ resolution proceedings ]

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PTI
June 13, 2018



BusinessToday.In
June 13, 2018
Billionaire Gautam Adani's group company has offered about Rs 6,000 crore to emerge as the highest bidder for acquisition of bankruptcy-hit edible oil firm Ruchi Soya, media reports said.


BusinessToday.In
June 12, 2018
The stock has been losing for the last nine days and has fallen 27.03% during the period. The Mumbai bench of National Company Law Tribunal (NCLT) admitted the firm under the Insolvency and Bankruptcy code on June 6. Videocon's total debt stood at Rs 18,745 crore as of September 2017, Thomson Reuters data showed.


Shreya Das
New Delhi, June 11, 2018
For a long time, becoming bankrupt came with a stigma attached to it. However, companies are no longer shying away from coming forward on their own, more than ever before, to embrace liquidation since the inception of  the Insolvency and Bankruptcy Code (IBC) 2016.


PTI
June 11, 2018



Anand Adhikari
New Delhi, June 11, 2018
The bankruptcy proceedings would force Indian banks to book heavy losses. They are now focussed on mini- mising the damage


BusinessToday.In
June 11, 2018
The stock rose as much as 4.94% to hit an intra day high of 13.38 in trade today. The stock has been losing for the last five days and has fallen 18.67% during the period.


PTI
June 10, 2018



Anand Adhikari
New Delhi, June 8, 2018
Though the development offers some relief to the distraught home buyers and the defaulting promoters of micro, small and medium enterprises (MSME), it still leaves room for ambiguity and legal challenges.


BusinessToday.in
New Delhi, June 7, 2018
Dipak Kumar Mondal, Senior Associate Editor, Business Today, speaks about government's decision to recognise homebuyers as financial creditors under the Insolvency and Bankruptcy code. This comes as a big relief for thousands of home buyers. Here is how it will impact them.


BusinessToday.In
June 7, 2018
The country's largest state-run lender State Bank of India (SBI) had filed separate insolvency proceedings against two Videocon group companies, which were part of the second list of big corporate defaulters put out by the Reserve Bank of India (RBI).


PTI
June 6, 2018



PTI
June 4, 2018
The Supreme Court today restrained finalisation of sale of assets of Binani Cement Ltd without its prior approval but allowed the debt resolution process to go on. The apex court also said that further proceedings will be subject to its orders.


PTI
May 30, 2018



BusinessToday.In
May 30, 2018
AirAsia CEO Tony Fernandes seems to have landed himself in a soup. The Malaysia-born aviation tycoon, who wanted his Indian airline venture to fly internationally, was on Tuesday named in an FIR filed by the CBI.


Manu Kaushik
New Delhi, May 29, 2018
AirAsia India, which is a joint venture between Tata Sons and AirAsia Berhad, was started in 2013 as a low-cost carrier, and currently flies 18 Airbus A320s. AirAsia India marked the re-entry of Tata Group in the aviation sector after a long break.


PTI
May 29, 2018



Manoj K Singh
New Delhi, May 28, 2018
Surprisingly, almost all the telecom players have outsourced the day-to-day management of their network to network management service companies, an industry dominated by two-three major players of which Ericsson India Private Limited (Ericsson), a subsidiary of Swedish based multinational telecommunications and networking company headquartered in Stockholm, is one.


Dipak Mondal
New Delhi, May 25, 2018
Experts say that being financial creditors, home buyers should be attending the CoC meetings and even should have voting rights.


PTI
New Delhi, May 24, 2018
Debt-ridden Bhushan Steel, which has been acquired by Tata Steel under the insolvency process, has sought 90 days extension to file its audited financial results for the quarter and year ended March 31, 2018.


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