E-PaperBakruptcy News
NCLT bars Gammon’s Abhijit Rajan from leaving India
NCLT will hear the Gammon India case next on 28 January and has directed key managerial persons and directors to be present in court
1 min read12 Jan 2019Banks seek more time from RBI to restructure VOVL debt
VOVL, formerly Videocon Oil Ventures Ltd, is one of the 32 NPA accounts identified by RBI for debt resolution at NCLT under the insolvency and bankruptcy code
2 min read29 Aug 2018Lessons from the Talmud for the IBC
At this nascent stage of the IBC, a non-cooperative game theoretic approach as opposed to an axiomatic approach may be required to understand the possibilities for reform
4 min read11 Jul 2018RCom moves NCLAT challenging NCLT order allowing its insolvency
Ericsson had filed a plea with NCLT seeking bankruptcy proceedings against Reliance Communications over settlement of dues
1 min read22 May 2018Essar Steel lenders not to invite new bidders
Only those who had submitted expressions of interest in the initial round of the Essar Steel auction will be allowed to participate in fresh bidding
2 min read23 Mar 2018IBC ordinance may disqualify global private equity funds
Several global private equity funds have already tied up at least $10 billion to invest in Indian NPAs
3 min read30 Nov 2017SBI looks to name IRPs for NPA accounts on RBI’s second defaulter list
SBI is said to have sought insolvency resolution professionals (IRPs) for Coastal Projects, IVRCL, Monnet Power named in RBI's second defaulter list
2 min read28 Sep 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared