bankruptcy code

 

Alok Industries not to file financial results due to NCLT proceedings

May 25 2018

Alok Industries said it would not be able to file quarterly and annual results as it is facing liquidation before the NCLT under the Insolvency & Bankruptcy Code (IBC).

Govt move to clear IBC amendments to expedite NPA cases: Ficci

May 24 2018

The govt's decision to approve an ordinance entailing amendments to IBC will expedite resolution of a large number of cases pertaining to NPAs, Ficci said.

Worst for PSBs over; 'pain' for couple of quarters okay: Kumar

May 23 2018

Kumar said the government will provide capital support to public sector banks (PSBs) and not allow any one of them to default.

Cabinet clears amendments to bankruptcy code

May 23 2018

The Cabinet today cleared amendments to the Insolvency and Bankruptcy Code (IBC), incorporating changes suggested by a government appointed panel.

'Declare Tata Steel's bid for Electrosteel ineligible'

May 18 2018

Renaissance Steel has approached NCLAT requesting to declare "ineligible" the Tata Steel's bid for the debt-ridden Electrosteel Steel's under IBC.

Binani Industries offers to pay 100% claims of debtors

May 16 2018

Binani Industries offered to clear the 100 per cent claims of creditors at the National Company Law Appellate Tribunal.

CCI approves acquisition of Electrosteel Steels by Vedanta

May 14 2018

Metals and mining giant Vedanta Ltd today said it has got the go-ahead from fair trade watchdog CCI to acquire the bankrupt Electrosteel Steels Ltd.

FinMin mulling innovative ways to deal with banks' NPA provision

May 13 2018

Under this scheme, the bank concerned will get PSC to the extent of its provision against the bad loans and conserve its capital, sources said.

NCLT suggests IBBI review insolvency code regulations

May 06 2018

NCLT has suggested to IBBI that there is a need to review the insolvency code regulations to ensure that they are not "misused or misinterpreted".

Jaypee Infra's customers write to IRP to protect home buyers

May 06 2018

Home buyers of Jaypee Infratech has written to IRP that the interests of thousands of people who booked flats in Jaypee Wishtown proj should be protected.

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Global Markets

 

Stocks In News

 

PNC INFRATECH

Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr

KAVERI SEED

Approved buyback of 29 Lk shares amounting Rs 200.2 Cr

VEDANTA

Tamil Nadu Pollution Control Board ordered disconnection of electricity


Disconnection is applicable for copper smelter unit-I at Thoothukudi district


Order requires closure of unit with immediate effect


Thoothukudi copper smelter unit has not been operating since Mar 27

MCX

Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr

Option Positions are physically settled & are European Style Options

Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports

AVENUE SUPERMARTS

R Damani sells 0.8% Stake at Rs 1360.2/Sh

Deal Value at Rs 643 Cr

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