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Regen Powertech: SC to examine Regen Powertech, Regen Infra s CIRPs

The Supreme Court has decided to examine an appeal by the State Bank of India (SBI)-led Committee of Creditors (CoC) of Regen Powertech (RPPL) against a National Company Law Appellate Tribunal (NCLAT) decision. The NCLAT directed the consolidation of insolvency proceedings for RPPL and its subsidiary Regen Infrastructure and Services (RISPL).

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Group insolvency approach makes sense - The Hindu BusinessLine

Group insolvency approach makes sense - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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bankruptcy courts: SC to look into consolidation of CIRP of two companies, to settle the law

The lenders, led by SBI, for Regen Powertech Pvt Ltd (RPPL), have asked for the Supreme Court s guidance regarding the possibility of merging insolvency proceedings for RPPL and its subsidiary, Regen Infrastructure and Services Pvt Ltd (RISPL), in order to expedite debt recovery. The Committee of Creditors (CoC) is challenging the NCLAT s decision to combine the proceedings and invalidate RPPL s approved resolution plan

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Should be neutral : SC dismisses appeals preferred by resolution professional

Dismissing an appeal filed by a Resolution Professional (RP), the Supreme Court has said that RP should maintain a neutral stand and it is for aggrieved parties, including the Committee of Creditors (CoC) to take recourse to appropriate legal .

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Supreme Court objects to Resolution Professional filing appeal against NCLAT order, says RP should be neutral

The Supreme Court recently objected to a Resolution Professional filing appeals against a National Company Law Appellate Tribunal (NCLAT) order.

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