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'The Dirty Dozen': Book chronicles rise and fall of India's 12 largest corporate defaulters

'The Dirty Dozen': Book chronicles rise and fall of India's 12 largest corporate defaulters
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

India , Jaypee-infratech , Jatin-mehta , N-sundaresha-subramanian , Vijay-mallya , Adani-group , Jindal-group , Nirav-modi , Era-infra-engineering , Electrosteel-steels , Essar-steel , Amtek-auto

'The Dirty Dozen' Book chronicles rise and fall of India's 12 largest corporate defaulters

(This story has not been edited by THE WEEK and is auto-generated from a PTI

New-delhi , Delhi , India , N-sundaresha-subramanian , Jaypee-infratech , Jatin-mehta , Vijay-mallya , Jindal-group , Adani-group , Nirav-modi , Era-infra-engineering , Electrosteel-steels

Resolution winner is bound by plan, SC rules in Metalyst Forgings case

Resolution winner is bound by plan, SC rules in Metalyst Forgings case
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Switzerland , Mumbai , Maharashtra , India , Swiss , Sanjiv-khanna , Dinkar-venkatasubramanian , Dipankar-datta , Committee-of-creditors-co , Supreme-court , National-asset-reconstruction-company-of-india , Amtek-auto

Insolvency & Bankruptcy Code: Regulations for IBC's Objective of 'Maximisation of Value of Assets' Are Serving Almost No Purpose

Insolvency and Bankruptcy Code, 2016 (IBC) in India has been a game changer for resolution-driven credit recovery from insolvent companies in several ways. For the first time, we have a law which enshrines the maximisation of the valuation of assets in its preamble and seeks to back it up by way of sections 29 and 30 and several corporate insolvency resolution process (CIRP) regulations.

Mohali , Madhya-pradesh , India , Hyderabad , Andhra-pradesh , Rajendram-ganatra , Alok-industries , Asset-reconstruction-co , United-seamless-tubular-pvt-ltd , National-company-law-appellate-tribunal , National-company-law-tribunal , Dupont

Supreme Court orders ED probe into money laundering allegations against erstwhile promoters of Amtek Auto

Supreme Court Monday directed the Enforcement Directorate to launch a probe into the alleged siphoning of money to the tune of ₹20,000 crore by the erstwhile promoters of Amtek Auto Jaskaran Singh Chawla v Union Of India

Jaskaran-singh-chawla , Amtek-auto , Serious-fraud-investigation-office , Central-bureau-of-investigation , Supreme-court , Central-bureau , Supreme-court-of-india-cases , Supreme-court-news , Indian-legal-news , Court-news-updates , Justice-br-gavai , Justice-sandeep-mehta

Greater Noida Industrial Development ... vs Prabhjit Singh Soni on 12 February, 2024

Greater Noida Industrial Development ... vs Prabhjit Singh Soni on 12 February, 2024
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.

New-delhi , Delhi , India , Uttar-pradesh , Okhla , Manohar-lal-chopra , Dinakart-vekatasubramanian , Anand-sonbhadra , Krishna-kumar-pandey , Rao-raja-seth-hiralal , Prabhjit-singh-soni , Gopinath-deb

NCLT Has Inherent Power To Recall Order Approving Resolution Plan Which Is Not Submitted As Per IBC : Supreme Court

The Supreme Court on Monday (February 12) observed that the Adjudicating Authority (“AA”) i.e., NCLT under Insolvency and Bankruptcy Code, 2016 (“IBC”) has the power to recall its order approving the...

India , Justice-manoj-misra , National-company-law-appellate-tribunal , Amtek-auto-ltd , Supreme-court , Union-bank , Ms-amtek-auto-ltd , Court-tribunal , Supreme-court-on-monday , Adjudicating-authority , Bankruptcy-code , Resolution-applicant

NCLT Orders Insolvency Proceedings Against Vadraj Cement

NCLT Orders Insolvency Proceedings Against Vadraj Cement
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Bombay , Gujarat , Baroda , Kr-saji-kumar , Jaypee-infratech , Prakash-shinde , Pulkit-gupta , Sanjiv-dutt , Suyash-shanker

ABG Shipyard Exposes Bankruptcy Law: Write-off Wonderland or Debt Recovery Disaster

Exactly a year ago, I wrote that the bankruptcy law badly needs fixing. At that time, the government appeared to be serious about overhauling the legislation in the 2023 Budget.

Virginia , United-states , Gujarat , India , Varada , India-general- , Singapore , Sucheta-dalal , Ernst-young , Varada-global-pte-ltd , Shipyard-pte , Shipyard-singapore-pte

SC has mostly addressed the lacunae in IBC, now tribunals need to implement properly: Chinmoy Pradip Sharma, Sr Advocate

Sharma said some lacunae, like the CoC comprising only financial creditors, still need to be addressed as it reduces operational creditors to being silent spectators in the entire CIRP.

India , Switzerland , Swiss , Chinmoy-pradip-sharma , Committee-of-creditors-co , National-company-law-appellate-tribunal , National-company-law-tribunal , Supreme-court , Chinmoy-pradip , Bankruptcy-code , Bankruptcy-board , Bhushan-steel