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Lenders seek to claw back over ₹31,000 crore from bankrupt firms' dubious deals

Lenders seek to claw back over ₹31,000 crore from bankrupt firms' dubious deals
livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.

Anjali Jain , Yogendra Aldak , National Company Law Tribunal , Bankruptcy Board , Sridharan Attorneys , Adjudicating Authorities ,

Bankruptcy court admits Punjab National Bank's insolvency resolution plea against Arshiya

Punjab National Bank s CIRP plea against Arshiya Ltd has been approved by Mumbai NCLT, with Nitin Vishwanath Panchal being appointed as RP. Officers have been asked to provide findings within a week. ....

Uttar Pradesh , Saji Kumar , Nitin Vishwanath Panchal , Sanjiv Dutt , Nausher Kohli , National Company Law Tribunal , Punjab National Bank , Arshiya Ltd , Arshiya Northern , Free Trade Warehousing Zone , Punjab National , Non Performing Assets , Limitation Act , Adjudicating Authorities , Bankruptcy Court , Resolution Plea ,

IBC | Resolution Plan Requires Closer Examination If Plan Envisages Use Of Asset Owned By Statutory Authority: Supreme Court

IBC ....

Justice Dy Chandrachud , Justice Manoj Misra , Manoj Misra , Greater Noida Industrial Development Authority , Supreme Court , Committee Of Creditors Co , Corporate Debtor , Financial Creditor , Adjudicating Authorities , Bench Comprising Chief Justice , Resolution Applicant , Resolution Plan , Supreme Court , Se Of Asset Statutory Authority ,

RBI Governor pushes for group insolvency mechanism, market for stressed assets

On stressed assets, RBI Governor Shaktikanta Das said one major impediment for implementing a successful resolution plan has been the absence of a vibrant market for stressed assets in the country. ....

Adjudicating Authorities , Shaktikanta Das , Group Insolvency Mechanism , Stressed Assets , Usiness News , Ndian Express ,

Are Dissenting Financial Creditors Adequately Protected Under Section 30(2)(e) Of The Insolvency And Bankruptcy Code (IBC)?

When a Resolution Applicant (RA) submits a Resolution Plan to the Committee of Creditors [“CoC”], the CoC engages in extensive discussions to decide whether to approve or reject the plan. If the. ....

United Kingdom , Krishna Chamadia , Committee Of Creditors Co , Supreme Court , Court Sanction , Supreme Authority , Amit Metaliks Limited Anr , India Ltd , Indian Overseas Bank Ors , Committee Of Creditors , Dissenting Financial Creditors , Deemed Approval , Bankruptcy Code , Companies Act , Jaypeekensington Boulevard , Adjudicating Authorities , Adjudicating Authority , Overseas Bank , Class Cram , Corporate Insolvency , Class Cram Down , Resolution Plan , Corporate Insolvency Resolution , Resolution Professional , Kotak Investment Advisorslimited , Amit Metaliks Limited ,