Nov 19, 2019-Tuesday

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Tuesday, Nov 19, 2019


Aug 31, 2019 14:03
The Supreme Court of India delivered its landmark judgment in the Insolvency & Bankruptcy Code (IBC) case reaffirming the rights of homebuyers which was challenged by a consortium of builders. read more
Aug 30, 2019 11:40
A two-member principal bench, headed by President Justice M M Kumar, admitted a plea filed by five flat buyers who had booked homes in the company’s Lotus Zing project in Noida, Uttar Pradesh. read more
Aug 25, 2019 07:47
In a Facebook post on 1 July this year on the completion of two years of GST, Jaitley described obstacles to India’s biggest tax reform since independence. read more
Jul 18, 2019 00:24
The eight amendments to the Insolvency and Bankruptcy Code (IBC) will also aid decision-making in the case of bankrupt entities such as property developers, which have a large number of creditors, including homebuyers. read more
Jun 18, 2019 14:31
Jet Airways stocks hit an intra-day low of Rs 32.25 per share, falling by a massive 52 per cent. At 1.41 p.m, Jet’s stocks were trading at Rs 38.05 per share, down Rs 30.25 or 44.29 per cent. read more
Apr 02, 2019 19:18
The Supreme Court on Tuesday quashed RBI’s February 12 circular, which prescribed rules for recognising one-day defaults by large corporates and initiating insolvency action as a remedy. read more
Oct 16, 2018 23:12
Arun Jaitley brushed aside Rahul Gandhi’s charges that a private company got an advantage ranging from Rs 38,000 crore to Rs 130,000 crore in the Rafale deal. read more
Jun 11, 2018 10:38
Hapless homebuyers left without apartments by debt-stressed builders will have their status raised to that of financial creditors. That’s highly unusual by global standards. It’s a bold innovation, worthy of emulation by other rapidly urbanising eco... read more
Jun 04, 2018 10:56
The Insolvency and Bankruptcy Code (IBC) introduced in 2016 has given rise to opportunities for offshore funds to acquire borrowers’ distressed assets. High potential profits on those deals attract funds. read more
May 29, 2018 17:35
The NCLAT has listed Wednesday for the hearing of the interim prayer of RCom to stay the NCLT order which has directed to start insolvency proceedings against it, based on Ericsson’s plea. read more
May 21, 2018 11:04
Last week, Tata Steel, through its subsidiary, completed the acquisition of controlling stake of 72.65% in Bhushan Steel for around Rs 36,400 crore after emerging as the winning bidder in an insolvency auction. read more
Apr 17, 2018 16:54
The NCLT’s Kolkata bench has ordered that Vedanta’s resolution plan be implemented with immediate effect. read more
Apr 03, 2018 19:45
Home buyers should be treated as financial creditors owing to the unique nature of financing in real estate projects and their treatment by the Supreme Court in ongoing cases, says panel examining the Insolvency and Bankruptcy Code read more
Apr 02, 2018 18:29
In the second round of bidding, JSW has joined hands with the Mauritius-based investment vehicle Numetal for placing its offer. read more