The NCLT on Tuesday admitted an insolvency petition filed by State Bank of India against Uttam Value Steel Ltd, a listed subsidiary of Uttam Galva Steels Ltd
1 min read27 Jun 2018Reliance Naval and Engineering termed IFCI's insolvency petition as 'premature' and 'unwarranted'
1 min read1 Dec 2017RCom lenders have also decided to appoint J. Sagar Associates as legal counsel to oppose China Development Bank's insolvency petition at the admission stage itself
3 min read1 Dec 2017Andhra Bank has withdrawn its insolvency application from the NCLT against HDIL as the realty firm has decided to settle outstanding dues
1 min read16 Nov 2017The Supreme Cpurt issued notice to the centre on a plea by homebuyers against an order by NCLT that admitted Bank of Baroda’s insolvency petition against Amrapali’s Noida project
1 min read6 Oct 2017The 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