Sunday, March 24, 2019

LATEST ARTICLES

The Viewpoint – IBC Judgment: The Defaulter’s Paradise is Lost

The Viewpoint - IBC Judgment: The Defaulter's Paradise is Lost Bar & Bench March 19 2019 By Nandini Gore and Khushboo Bari “The Defaulters’ paradise is lost. In its place, the economy’s...

A Debate Reignited – Whether ‘Interest’ on Delayed Payment Constitutes ‘Debt’ for IBC?

A Debate Reignited - Whether ‘Interest’ on Delayed Payment Constitutes ‘Debt’ for IBC? Bar & Bench March 18 2019 Priya Agrawal & Rahul Agarwal The National Company Law Tribunal (NCLT) (Kolkata Bench) admitted Eastern Coalfields...

NCLAT gives conditional nod to ArcelorMittal’s resolution plan for Essar Steel

NCLAT gives conditional nod to ArcelorMittal's resolution plan for Essar Steel Aditi Singh March 18 2019 The National Company Law Appellate Tribunal today gave a conditional nod to ArcelorMittal’s resolution plan...

Tribunal Approves ArcelorMittal’s Rs. 45,000 Crore Essar Steel Takeover Plan

Tribunal Approves ArcelorMittal's Rs. 45,000 Crore Essar Steel Takeover Plan NCLT on Friday approved AreclorMittal's Rs. 45,000 crore resolution plan for the insolvent Essar Steel. Corporates | Indo-Asian News Service | Updated: March 08,...

51% required for initiating forensic audit of corporate debtor: NCLT

51% required for initiating forensic audit of corporate debtor: NCLT Varun Marwah March 7 2019 The Hyderabad Bench of NCLT has ordered a forensic audit for Viceroy Hotels, which...

Another insolvency petition against Bhushan Steel, dismissed

Another insolvency petition against Bhushan Steel, dismissed Varun Marwah March 1 2019 Bhushan Steel, first one of the 12 large cases to be successfully resolved and...

NBCC bids to acquire bankruptcy-bound Jaypee Infratech

NBCC bids to acquire bankruptcy-bound Jaypee Infratech NBCC Chairman and Managing Director Anoop Kumar Mittal said the company is 'keen to acquire' Jaypee Infratech and...

NCLAT quashes NCLT order against ECL

NCLAT quashes NCLT order against ECL IANS  |  Kolkata Last Updated at February 14, 2019 21:25 IST The National Company Law Appellate Tribunal (NCLAT) has set aside the National Company Law...

Essar Steel case: NCLT concludes hearing on Arcelor’s plan, reserves order

Essar Steel case: NCLT concludes hearing on Arcelor's plan, reserves order Written submissions from all sides including ArcelorMittal, Committee of Creditors and Resolution Professional have...

Jaypee Infratech lenders to discuss resolution bids

Jaypee Infratech lenders to discuss resolution bids Devdiscourse News Desk New Delhi India  Updated: 14-02-2019 19:12 IST Created: 14-02-2019 18:35 IST Image Credit: Pixabay Debt-ridden Jaypee Infratech's lenders will meet on February 18...

Jaypee Infra’s promoter makes second attempt to settle dues: Media report

Jaypee Infra’s promoter makes second attempt to settle dues: Media report The latest offer comes close on the heels of state-owned NBCC and realty firm...

Treating homebuyers as fin creditors ups developers’ default risk

Treating homebuyers as fin creditors ups developers’ default risk written by Agencies February 20, 2019 5:58 am Mumbai: Treating homebuyers as financial creditors under the bankruptcy law has increased...

IBC Case Laws – Snippets December 2018 By CS Arundhuthi Bose 

   IBC Case Laws - Snippets December 2018 By CS Arundhuthi Bose   CS Arundhuthi Bose   |   553 Views   |    12 Feb 2019 Bookmark       Companies Act 2013,  IBC,  Insolvency,  Bankruptcy,  Judgement,  Case Laws,   ‘IBC...

ArcelorMittal must wait more for Essar Steel resolution; NCLT defers bankruptcy verdict again

ArcelorMittal must wait more for Essar Steel resolution; NCLT defers bankruptcy verdict again By: Prachi Gupta | Published: February 12, 2019 12:49 PM The Ahmedabad branch of the National Company...

SC suspects cartelisation as Amrapali’s 5-star hotel unsold at auction

SC suspects cartelisation as Amrapali's 5-star hotel unsold at auction The top court said that it is "shocking and disturbing" that bankers are not coming...

MOST POPULAR

Help of judiciary must to make IBC effective, says Arun Jaitley

Regulations are viewed by some as giving upper hand to lenders reeling under Rs 8 lakh cr of NPAs Anup Roy  |  Mumbai  August 20,...

Experts laud equal footing to homebuyers and unsecured lenders under IBC

Experts laud equal footing to homebuyers and unsecured lenders under IBC Close to 31,000 homebuyers of Jaypee Infratech and 41,000 of Amrapali's Silicon City project...

Patanjali loses latest Ruchi Soya bid to Adani group, but Baba...

Nearly six months after being identified, other companies might be at different stages of insolvency, Ruchi Soya has already got two big names in a...

Debtors raise concerns on resolution rules under insolvency code

Creditors are going ahead with insolvency proceedings initiated against 12 firms under the new IBC Shrimi Choudhary  |  Mumbai Even as creditors are going ahead with...

After Bhushan Steel, SBI takes Bhushan Energy with debt of Rs...

Following the admission of loss-making Bhushan Steel under the Insolvency and Bankruptcy Code (IBC) earlier this year, State Bank of India (SBI) has now...

The Insolvency And Bankruptcy Code 2016: Time To Wind Up The...

The Insolvency And Bankruptcy Code 2016: Time To Wind Up The Winding-Up Regime? Last Updated: 27 June 2018 Article by Saket Shukla, Akshay Sachthey and Debottam Chattopadhyay Phoenix Legal The Insolvency and...