Deal marks the first purchase of a private firm by a govt-owned firm under IBC ...https://www.thehindubusinessline.com/economy/logistics/jawaharlal-nehru-port-trust-gets-nclt-backing-to-buy-dighi-port-for-rs-85328-crore/article27184248.ece
The pre-resolution processes have yielded results in 6,500 cases netting Rs 3 lakh crore on dead assets, according to a ministry official. About... ...https://www.ndtv.com/business/insolvency-and-bankruptcy-code-ibc-corporate-affairs-ministry-sees-rs-2-8-lakh-crore-recovery-2039693
Despite hiccups, ICRA expects a rise in cases being admitted to NCLT, especially from operational creditors. ANI | Updated: May 19, 2019, 05.24 PM... ...https://economictimes.indiatimes.com/industry/banking/finance/creditors-expect-increase-in-realisations-through-ibc-despite-hiccups/articleshow/69394821.cms
Firm had defaulted on payments to Axis Bank ...https://www.thehindubusinessline.com/companies/lanco-kondapalli-power-admitted-into-ibc-process/article27165005.ece
Senior advocate U K Chaudhary, representing Ruia, said that the proposal of ArcelorMittal India was in violation of IBC code as the proposal if... ...https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/arcelormittal-resolution-plan-violative-of-ib-code-ruia-to-nclat/articleshow/69348143.cms
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