Whistleblower claims exposing corporate corruption in Byju's insolvency process; implicates Ernst and Young and GLAS Trust in illegal activities
The whistleblower possesses 30GB of evidence, including emails from the interim resolution professional's official ID, ...
Equity Bulls16h
Adani Power Ltd emerges successful resolution applicant for Vidarbha Industries Power Ltd
The Committee of Creditors of Vidarbha Industries Power Limited, a company undergoing Corporate Insolvency Resolution Process ...
money.rediff8h
Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors
Ansal Properties and Infrastructure Limited, have commenced the Corporate Insolvency Resolution Process, against the Company in respect to the application filed by IL&FS financial Services Limited, ...
Adani Power shares soar 9% on resolution plan approval; check target prices
The Adani Group stock surged 9.48 per cent to Rs 514.75 on Tuesday, with its total market capitalization close to Rs 2 lakh ...
Insolvency and Bankruptcy Board finalising changes to speed up resolution
Global investors have long been cautious about lending in India, where insolvency cases can often run for years with poor ...
Centre considers to revamp bankruptcy laws amid low recovery rates
The Indian government is considering changes to its bankruptcy laws, including streamlining court processes, amid growing ...
Bar & Bench12h
NCLT to rule on insolvency plea against Bira over ₹1.09 crore dues
The National Company Law Tribunal (NCLT) recently concluded hearing an insolvency plea against B9 Beverages Limited (Bira) by ...
Tax Guru11h
Non-Registration of Charges Doesn’t Deny Secured Creditor Status in CIRP: NCLAT Delhi
National Company Law Appellate Tribunal (NCLAT) Delhi has ruled that the non-registration of a charge under Section 77 of the ...