Roadshow on ‘Insolvency and Bankruptcy Code - A New Paradigm for Stressed Assets’ in Singapore

July 15, 2019 INSOL India Editorial Team

The Federation of Indian Chambers of Commerce & Industry (“FICCI”), in association with IBBI and the High Commission of India in Singapore, organised a Roadshow in Singapore on 6th - 7th June, 2019 on ‘Insolvency and Bankruptcy Code - A..

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Advance workshop on the Insolvency and Bankruptcy Code, 2016 for Insolvency Professionals

July 15, 2019 INSOL India Editorial Team

For the first time IBBI is conducting two-day Advance Workshop on Insolvency and Bankruptcy Code, 2016 on the 30th and 31st of August, 2019 at New Delhi. The workshop is meant for the IPs who are registered with IBBI and..

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Release of publication ‘Understanding the Insolvency and Bankruptcy Code, 2016: Analysing developments in jurisprudence’.

July 15, 2019 INSOL India Editorial Team

Hon’ble Mr. Justice M. M. Kumar, President, National Company Law Tribunal (“NCLT”) released a publication titled ‘Understanding the Insolvency and Bankruptcy Code, 2016: Analysing developments in jurisprudence’, jointly prepared by the Insolvency and Bankruptcy Board of India (“IBBI”) and Vidhi..

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Axis Bank-led group of lenders approves Adani Power's bid for GMR Chhattisgarh Energy

July 15, 2019 INSOL India Editorial Team

Lenders to GMR Chhattisgarh Energy have approved the bid byAdaniPower, and the Axis Bank-led consortium of lenders has issued Letter of Intent (LoI) to the bidder. In a statement, GMR Infrastructure on July 4, 2019 said it has entered into..

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SBI takes Jet Airways to NCLT for Resolution

July 15, 2019 INSOL India Editorial Team

A consortium of 26 lenders, led by the State Bank of India had approached the Mumbai bench of NCLT to initiate corporate insolvency resolution process (“CIRP”) against Jet Airways (India) Ltd. Earlier, the lenders have made efforts to find a..

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Clarification on calculation of voting shares of home buyers in committee of creditors of a corporate debtor

July 15, 2019 INSOL India Editorial Team

The case of Jaypee Greens Krescent Homes Buyers Welfare Association vs. Jaypee Infratech Limited was referred by the Allahabad Bench of the National Company Law Tribunal to the Delhi Bench (reference bench) of the National Company Law Tribunal (“NCLT”) to..

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