NEW DELHI : In an attempt to revive bankrupt airline Go First, the National Company Law Tribunal (NCLT) on Monday…
Browsing: insolvency and bankruptcy code
Mumbai: Reserve Bank of India Governor Shaktikanta Das on Monday said the central bank’s endeavor will be to provide a…
By the end of February, various court benches had approved 250 resolution plans, compared to 185 in all of FY23.…
The Insolvency and Bankruptcy Code (IBC) appears to encourage debtors to resolve their defaults even before the cases are admitted…
MUMBAI: RBI deputy governor Swaminathan J said statutory changes to the insolvency and bankruptcy code should look at resolution of…
Total Recovery of bad loans from banks across all channels, the total recovery for 2021-22 was at Rs 89,571 crore,…
Clarity is on the cards for conglomerates heading for bankruptcy, with the government working on a new legal regime to…
MUMBAI : The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the liquidation of insolvent company Bharati…
The recovery rate of personal guarantors, currently at 5.22%, is expected to increase following the recent Supreme Court ruling upholding…
Big ticket loan defaulters who have given huge personal guarantees can line up to settle their debt after the Supreme…