The debt of Rs 32,000 crore addressed represents nearly 57 per cent of the overall targeted recovery value of around […]
In a statement on Saturday, IL&FS said that the aggregate value of debt being addressed is pegged at Rs 56,300 […]
Interim Monitoring Committee (IMC) formed pursuant to directions of National Company Law Appellate Tribunal (NCLAT) had requested Aggarwal to continue […]
The Committee of Creditors (CoC) of Aditya Estates led by ICICI Bank PLC had already approved by 93.01 per cent […]
However, the flat buyers moved the NCLAT against the order and Uppal agreed to complete the flats. NCLAT has decided […]
Besides, the appellate tribunal has also suggested that there should also be a reverse corporate insolvency process in such cases. […]
Providing major relief to Raheja Developers, the National Company Law Appellate Tribunal (NCLAT) has set aside the insolvency proceedings against […]
The appellate tribunal’s direction came over a petition filed by the government through the Ministry of Corporate Affairs (MCA) challenging […]
Already, Jaypee Infratech is facing the insolvency proceedings. Its affairs, business and assets are being managed by the Interim Resolution […]
