The committee of creditors (CoC) of Videocon Industries on Thursday asked the National Company Law Appellate Tribunal (NCLAT) to allow fresh bids for the company. In September, the lenders had approa...

The Supreme Court on Monday held that a CoC-approved resolution plan submitted to the National Company Law Tribunal (NCLT) cannot be modified or withdrawn as it would create another tier of negotiatio...

The corporate affairs ministry is working with the finance ministry, the Reserve Bank of India and the Indian Banks’ Association (IBA) on the issue of the conduct of the committee of creditors u...

The committee of creditors (CoC) of Dewan Housing Finance Ltd (DHFL) has voted against a proposal to raise payouts made to fixed deposit holders and non-convertible debenture (NCDs) investors. If the...

The National Company Law Appellate Tribunal (NCLAT) has quashed the ongoing liquidation of ailing cable maker Incab Industries and has ordered that a resolution process under the Insolvency & Bank...

Financial creditors of embattled Jaypee Infratech have decided to give more time to state-owned NBCC and Suraksha group to submit their final bids to acquire the realty firm through an insolvency proc...

The National Company Law Appellate Tribunal (NCLAT) has stayed an order which directed the lenders of DHFL to consider the offer by the mortgage firm’s erstwhile promoter Kapil Wadhawan. The NC...

The administrator of Dewan Housing Finance Ltd (DHFL) has moved the National Company Law Appellate Tribual (NCLAT) challenging last week’s order of the National Company Law Tribunal (NCLT) that ...

The financial creditors of Jaypee Infratech have deferred the voting process on the offer of the Suraksha group for the realty firm. Later this week, the creditors will decide on whether they will co...

Days after the rejection of its bid to buy Jaypee Infratech, state-owned NBCC has questioned the jurisdiction of the interim resolution professional in submitting that the offer was non-compliant with...