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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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New Delhi , Axis Bank Ltd , National Company Law Tribunal , Vidarbha Industries Power Ltd , Supreme Court ,

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 ....

Ashok Haldia , Axis Bank Ltd , Supreme Court , Vidarbha Industries Power Ltd , Bankruptcy Board , Bankruptcy Code , National Company Law Tribunal , Bankruptcy Resolution , Real Estate , Vidarbha Industries Power , Axis Bank , Insolvency And Bankruptcy Code ,

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 . ....

New Delhi , Income Tax Department , Dickey Alternative Investment , Vidarbha Industries Power Ltd , Asset Reconstruction Company India Ltd , Income Tax , Swiss Challenge , Reserve Bank , Aditya Birla , Dickey Alternative Investment Trust , Indra Prakash Building , Barakhamba Road ,