Insolvency Resolution

It appears there are certain parties in India who would like to see that the IBC is not implemented according to the law

UltraTech Cement's revised offer was at Rs 79 billion, against its earlier bid of Rs 72 billion

The NCLT's capacity needs to be increased with more benches and judges to speed up resolution of insolvency cases

In the 60-page order, the tribunal has also raised concern about the functioning of resolution professionals

Trio of stressed assets most likely headed for liquidation

Electrosteel Steels, which owes Rs 102.73 crore to its lenders, was among the 12 companies which the Reserve Bank of India (RBI) had referred for insolvency proceedings

Lenders invite bids twice; Alvarez & Marsal wins mandate

As on July 10, 112 such announcements have been made and banks account for just 17 announcements

Interview with the chairperson of Insolvency & Bankruptcy Board of India

700-odd cases filed in the National Company Law Tribunal, with 70 of them admitted for resolution