Tue, Jul 16, 2024
According to sources close to the development, the company is planning to challenge the NCLT order in the National Company Law Appellate Tribunal (NCLAT).
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Sun, Oct 01, 2023
Under the IBC, which provides for a market-linked and time-bound resolution process of stressed assets, creditors have witnessed recoveries of nearly Rs 3 lakh crore so far and the recovery amount stood at more than Rs 51,000 crore in 2022-23 financial year.
Sat, Jul 29, 2017
Emphasising that the Code is important for the country's economy, Justice Sikri said interpreting the law is also a challenge before National Company Law Tribunal (NCLT) and Insolvency and Bankruptcy Board of India (IBBI).
Sun, Apr 23, 2017
The proposal is to fast-track the insolvency resolution process for three classes of entities -- start-ups, small companies and companies or Limited Liability Partnerships (LLPs).
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