JM Financials Files Insolvency Petition Against Hotel Leela Venture
JM Financial Asset Reconstruction Company Ltd has filed an insolvency petition against Hotel Leela Venture Ltd in the National Company Law Tribunal’s Mumbai bench, according...
Tag : IBC
NCLT Rejects Ruia Family’s ESAHL Plea To Regain Essar Steel
The National Company Law Tribunal issued a major setback to the Ruia family, as it turned down Essar Steel Asia Holdings Ltd’ (ESAHL) plea to regain...
NCLT Rejects Ruia Family's ESAHL Plea To Regain Essar Steel
The National Company Law Tribunal issued a major setback to the Ruia family, as it turned down Essar Steel Asia Holdings Ltd’ (ESAHL) plea to regain...
NCLT Reserves Its Verdict On Essar Steel Asia – ArcelorMittal Plea
The NCLT’s Ahmedabad bench has reserved its verdict on the Essar Steel Asia Holdings maintainability bid to retake the management of the debt-ridden company. The...
RBI Says IBC, SARFAESI Act Enabled Banks Recover More Bad Loans
According to the RBI data & report, Insolvency and Bankruptcy Code (IBC) and amendments in the Securitisation and Reconstruction of Financial Assets and Enforcement of...
BoI enters into agreement with NeSL to share data under IBC
Bank of India (BoI) has entered into an agreement with National E-Governance Services (NeSL), for information utility (IU) arrangement under the Insolvency and Bankruptcy Code...
President Kovind gives approval to ordinance for amending IBC
President Ram Nath Kovind has given approval to ordinance for amending the Insolvency and Bankruptcy Code (IBC). Now, the ordinance will be presented in the...