IBC
- Business
9,653 cases resolved under IBC: Corporate Affairs Ministry
New Delhi: Out of 21,136 applications filed, 9,653 cases involving a total amount of approximately Rs 3,74,931.30 crore have been disposed of at the pre-admission stage of Insolvency and Bankruptcy Code, 2016…
- India
Revival of Jet Airways possible only under IBC: Hardeep Puri
New Delhi The Central government on Thursday ruled out raising funds for the beleaguered Jet Airways and asserted that its revival was now possible only under Insolvency & Bankruptcy Code (IBC). “Each…
- News
NCLT admits insolvency plea by SBI against Jet Airways
Mumbai (Maharashtra): The local bench of National Company Law Tribunal (NCLT) on Thursday admitted the insolvency application filed by the State Bank of India (SBI) against grounded Jet Airways. A Bench of…
- Business
Lenders to take Jet Airways to NCLT, revival hope gets bleaker
NEW DELHI: The future of the grounded Jet Airways just got a shade bleaker on Monday with the lenders, led by State Bank of India (SBI), deciding to initiate bankruptcy proceedings against…
- Business
Thermal power projects with Rs 2.5 lakh crore under stress, says ASSOCHAM-Grant Thornton study
New Delhi: Investments worth over Rs 2.5 lakh crore in thermal sector projects, based on domestic coal, imported coal, and gas, are facing stress and immediate remedial measures need to be undertaken…
- Delhi
SC upholds Insolvency and Bankruptcy Code in entirety
New Delhi : The Supreme Court on Friday upheld the Insolvency and Bankruptcy Code (IBC) in a landmark judgment which will bar defaulting promoters from bidding for their own assets. The apex…
