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IBC proceedings are time bound; belated claim by creditor cannot be considered: NCLAT

A coram of Chairperson Ashok Bhushan and technical member Arun Baroka observed in an April 19 order that a person who sleeps over their rights should not be given the indulgence of condonation of delay.

Delhi
India
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National-company-law-appellate-tribunal
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Business News: Liquidation as a going concern is an effort to maximise value & save firms under insolvency | INTERVIEW

Business News: Liquidation as a going concern is an effort to maximise value & save firms under insolvency | INTERVIEW
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Ahmedabad
Gujarat
India
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Cross-Border Insolvency: Insights into India's Legal Landscape

Cross-border insolvency can be construed as those insolvency matters where a debtor who has declared himself to be as insolvent has assets in more than one jurisdiction or country, and its creditors, too, reside overseas. And, therefore, it could also be termed as an international insolvency.

Netherlands
Mumbai
Maharashtra
India
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Amsterdam
Noord-holland
Schiphol
Dutch
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HDIL insolvency: Financial creditors to meet on March 9-10

HDIL insolvency: Financial creditors to meet on March 9-10 : Rashtra News #HDIL #insolvency #Financial #creditors #meet #March Financial creditors of HDIL will meet on March 9-10 to discuss bids for acquiring the crisis-hit realty firm through insolvency proceedings. In a regulatory filing on Saturday, HDIL's Resolution Professional Abhay N Manudhane informed that the "Twenty-Third

India
Mumbai
Maharashtra
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Committee-of-creditors
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Business News: Srei Administrator to seek lenders' nod to control cash flows of two bankrupt companies

Srei Administrator to seek lenders' nod to control cash flows of two bankrupt companies : Rashtra News The administrator of Srei Infrastructure Finance and Srei Equipment Finance, Rajneesh Sharma, will seek a mandate from lenders to control the cash flows of the subsidiaries of the two bankrupt companies and appoint EY as its financial advisor,

India
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Administrator

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