Tag: Insolvency and Bankruptcy Code

IBC not recovery mechanism; dismisses plea against United Telecoms: NCLAT

The Insolvency & Bankruptcy Code is “not a recovery mechanism”, observed the National Company Law Appellate Tribunal, while dismissing

IDBI Trusteeship Services has filed an insolvency petition with the NCLT’s Bengaluru bench against Coffee Day Enterprises Ltd (CDEL),

The deadline for submitting preliminary interest to bid for insolvent Go Airlines (India) is likely to be extended by

After completion of the takeover of two Srei group firms through NCLT route, state-owned asset reconstruction company NARCL is

The Asset Reconstruction Company (India) Ltd (Arcil) is planning to empanel strategic investors with expertise in sectors such as steel,