ARCIL to empanel strategic investors to bid for stressed assets under IBC
The Asset Reconstruction Company (India) Ltd (Arcil) is planning to empanel strategic investors with expertise in sectors such as steel,
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The Asset Reconstruction Company (India) Ltd (Arcil) is planning to empanel strategic investors with expertise in sectors such as steel,
Continue readingThe deadline for receiving interest is set for June 25 and the provisional list will be issued on July 5.
Continue readingThe much-celebrated June 7, 2019 circular of the “Prudential Framework for Resolving Stressed Assets” is likely to get a facelift.
Continue readingGo First’s Interim Resolution Specialist (IRP) on Tuesday told the Delhi High Court that parallel proceedings could not take place
Continue readingIndia needs to improve its judicial procedures regarding bankruptcy and insolvency in order to ensure that lenders can recover their
Continue readingGo First seeks a temporary halt, the NCLT says there is no such requirement under the IBC Go First Airlines
Continue readingSince 2019, three prominent non-bank financial companies (NBFCs) have gone down the road to bankruptcy. It started with Dewan Housing
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