Mon, Apr 04, 2022
Supertech Ltd informed the top court that it will be filing an appeal against the order of the NCLT declaring it bankrupt on a plea filed by the Union Bank of India for non-payment of around Rs 432 crore worth of dues.
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Fri, Dec 28, 2018
According to a regulatory filing, the committee of creditors (CoC) also approved process note for the request of resolution plan (RFRP) apart from evaluation matrix.
Sun, Nov 19, 2017
The NCLAT has said financial creditors cannot recover any amount from a defaulter's bank account without the nod of the Interim Resolution Professional (IRP) during the corporate insolvency resolution process.
Mon, Sep 04, 2017
Last month nearly 32,000 homebuyers filed a petition before SC seeking stay on NCLT's insolvency proceedings against Jaypee Infratech - as fears rolled among them that the money they invested in the builder would go to waste due its defaulting company.
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