Tag: Insolvency
NCLT directs initiation of insolvency proceedings against Syska LED Lights
However, this was opposed by Syska during the proceedings contending that the petition is based on falsehoods, deliberate misstatements and suppression of material facts4...
Reforms needed to boost speed, recovery rates and judicial efficiency of India’s insolvency and bankruptcy framework – Times of India
The Insolvency and Bankruptcy Code, 2016 (IBC) has accelerated recoveries. (AI image) By Aniket DaniThe Insolvency and Bankruptcy Code, 2016 (IBC) has accelerated...
Jet Airways’ winning bidder JKC tells Supreme Court lenders want to sell airline’s assets as scrap to maximise profits | Mint
The Jalan-Kalrock Consortium (JKC), the successful bidder for bankrupt Jet Airways, told the Supreme Court on Tuesday that lenders led by the State Bank...
Mint Explainer: SC hears Jet Airways ownership dispute. What’s at stake
The Supreme Court...
Why are creditors going after bankruptcy professionals now?
Bankruptcy resolution professionals...