The Appellate Tribunal upheld findings that the arrangement allowing the Successful Resolution Applicant to receive 50% of PUFE recoveries was contrary to the IBC framework. The recoveries were held ...
The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency.
In an order dated May 5, the tribunal allowed withdrawal of CIRP following an amicable settlement with lenders under Section ...
The government is planning to launch the “Integrated Technology Platform” under the Insolvency and Bankruptcy Code (IBC) by the end of 2025, according to official sources. “The tech-portal will be ...
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NCLT closes insolvency case against ATS project developer Nobility
NCLT closes insolvency proceedings against Nobility Estates, developer of ATS's 'Le Grandiose' project in Noida. This follows a settlement with lenders, approved by 92.52% of creditors, ending the ...
Embassy Developments Ltd - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP) ...
The surge in Jaiprakash Power Ventures share price comes as investors assess the potential implications of the Adani Group securing Committee of Creditors (CoC) approval for its resolution offer for ...
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