Interim Resolution Professionals News Today

In a first for the countrys bankruptcy resolution regime, the insolvency regulator has prepared a "common panel" of 400 insolvency professionals (IPs) from those registered with it. The Insolvency and Bankruptcy Board of India (IBBI) will share the list with the adjudicating authority to choose from to oversee cases of resolution or liquidation from July 1, according to an official.

It can be estimated that out of all the units to be built here, an almost 50 per cent share was of these two builders. Acquiring more and more land and starting various projects simultaneously was perhaps one of the biggest mistakes of the groups.By t

The Amrapali Group and the Jaypee Group were once the leading and biggest names in the real estate sector. The former was responsible for making around 45,000 units while the Jaypee Group, if all its projects were to be added together, had ...