Resolution plans have on an average yielded a recovery of 93.4% of the fair value of the assets, says Shailendra Ajmera.

The court observed that the move aligns with the objectives of the Insolvency and Bankruptcy Code (IBC) and could lead to the ...

In addition to resolution under IBC, the report pointed out that nearly 30,000 cases involving around Rs 14 lakh crore of ...

In nine years, IBC helps resolve over Rs 26 lakh crore of debt - Directly or indirectly - Amendments target enhanced ...

NCLT approves Adani Cementation merger with Ambuja Cements, consolidating Adani Group's cement business for synergistic ...

The petition, filed under Section 95 (1) of the Insolvency and Bankruptcy Code (IBC), 2016, pertained to a default amounting ...

Adani Group is the second-largest Cement manufacturer in the country with over 100 million tonnes per annum (MTPA) capacity.

Indore (Madhya Pradesh): The Supreme Court on Tuesday expressed concern over irregularities in the appointment and posting of members to the National Company Law Tribunal (NCLT) benches across India, ...

The Supreme Court today directed the Union government to examine the manner of posting of Judicial and Technical members to National Company Law Tribunal (NCLT) benches across the country, expressing ...

The Supreme Court today asked the Union government to look into the manner of posting of Judicial/Technical members for the ...

The National Company Law Tribunal (NCLT) has approved the merger of Adani Cementation (ACL), a wholly-owned subsidiary of ...