“The corporate debtor has defaulted in handing over the units to the respective home buyers/allottees as per the terms of the builder-buyers...
Tag - Insolvency
The National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s plea to initiate insolvency resolution proceedings against debt...
The National Company Law Tribunal (NCLT) on Monday dismissed a plea by real estate firm Wave Megacity Centre to initiate insolvency proceedings...
A two-member bench of National Company Law Appellate Tribunal (NCLAT) said they would have to abide by the results of the appeals filed before it...
Notably, insolvency proceedings against SIFL and SEFL, two NBFCs, commenced from October last year after the insolvency petitions, filed by the...
This one-volume comprehensive and exhaustive Digest on the subject of Insolvency and Bankruptcy Laws is a complete source for the entire case law on...
1. PAL File Chapter 11 Bankruptcy in New York Court Last Friday, Philippine Airlines (PAL) filed for U.S. Chapter 11 bankruptcy. The airline is...
A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans...