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SC Verdict On Govt As Secured Creditor Soon

SC Verdict On Govt As Secured Creditor Soon
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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Krbl Limited vs State Of Gujarat on 22 September, 2023

Krbl Limited vs State Of Gujarat on 22 September, 2023
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.

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Debt: Rare Asset Reconstruction Company to acquire Chennai-based Rainbow Papers debt

Bank of India (BoI) was the last bank to give its consent for the transfer of the debt to Rare late last month, following which the process for the transfer of the debt has been initiated, three people familiar with the development said.

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Supreme Court upholds waterfall mechanism under IBC; Division Bench overturns Rainbow ruling

The PVVNL pronouncement is a major relief for the creditors and financial institutions constantly pressing for clarity on the issue.

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[The Viewpoint] Conundrum on Priority of Government Dues

The article discusses the Priority of Government Dues with reference to two judgments, State Tax Officer v. Rainbow Papers Ltd and Paschimanchal Vidyut Vitran Nigam Ltd. v. Raman Ispat Pvt. Ltd.

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