Tag: IBC(Insolvency Bankrupcy Code)

Insolvency proceedings against Polycab set aside

National Company Law Tribunal, Ahmedabad Bench, had admitted the insolvency proceedings filed against Polycab via order dated 7 October. The petition was filed by...

Insolvency Proceedings against Embassy quashed

Earlier, the National Company Law Tribunal, New Delhi in an order dated 9 December had directed insolvency proceedings against the company. The Corporate Insolvency Resolution...

Mighty resolutions, measly recoveries

Banks have got accustomed to swallowing the bitter pill in bad loan cases. With every other IBC resolution popping out of the NCLT, the...

A blow to IBC…

IBC’s emergence was one of the primary reasons for the rapid revival of a great deal of confidence in our financial discipline. It’s dangerous...

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