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Nearly 7,000 Companies Waiting in Queue for NCLT to Admit Cases for Bankruptcy Resolution: Report

Nearly 7,000 Companies Waiting in Queue for NCLT to Admit Cases for Bankruptcy Resolution: Report
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The road to enter bankruptcy court is now 7,000 companies long

The number of cases waiting to be admitted by NCLT is more than three times the number of cases currently undergoing resolution before the tribunal’s various benches

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Tamal Bandyopadhyay: Bad loan recovery process can get worse

Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.

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Ahmedabad ARC handed 600 MW Vidarbha Industries Power Ltd for Rs 1,265 cr

Ahmedabad-based asset reconstruction company (ARC), CFM, one of the four ARCs that were searched by the Income Tax department in December 2021, has been handed a 600 MW plant of Vidarbha Industries Power Ltd (VIPL), without any challenge from .

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Reliance ARC challenges RBI Circular on Swiss Challenge as being discriminatory and arbitrary

The Reliance Asset Reconstruction Company (RARC), a subsidiary of Reliance Capital Ltd., has challenged the Reserve Bank of India s Master Circular on the Swiss Challenge Mechanism as being discriminatory, unjust and arbitrary.

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