Manipal Submits EOI for Byju's Parent Think & Learn
Dr Ranjan Pai-led Manipal Education and Medical Group India has formally expressed interest in acquiring troubled edtech company Byju's parent Think & Learn. Discover the implications.
Category : Search result: insolvency
SC Reserves Verdict on Aircel, RCom Spectrum Insolvency
Supreme Court concludes hearing on whether telecom spectrum can be sold under IBC. The verdict will impact lenders' dues recovery and set a precedent for future cases. Read more.
SBI, Govt Clash in SC Over Spectrum Sale in Insolvency
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
ICAI Proposes IBC Reforms to Parliament Panel
The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.
SC Allows Spectrum Transfer in Aircel Insolvency Case
In a groundbreaking verdict, India's Supreme Court clears the path for telecom spectrum transfer during corporate insolvency, providing major relief to stressed telecom companies and reshaping the industry's future.
IBBI Aligns Bankruptcy Code with Anti-Money Laundering Laws
IBBI makes landmark move to integrate bankruptcy proceedings with PMLA, creating powerful new weapon against financial fraud and strengthening India's financial ecosystem.
Environment Clearance Shield for Stressed Assets Approved
In a landmark move to boost India's ease of business, the government has approved a mechanism protecting environment clearances during NCLT-led insolvency, preventing stressed projects from restarting approval processes.
NCLAT Stays Insolvency Against BYJU'S Aakash Institute
In a significant legal victory, NCLAT stays insolvency proceedings against BYJU'S-owned Aakash Institute, providing breathing space for the embattled edtech company amidst ongoing financial challenges.
50% of Americans claim Social Security early over insolvency fears
New survey reveals alarming trend as Americans fear Social Security insolvency, prompting early benefit claims that could reshape retirement landscape across the United States.
Vedanta, Adani, Jindal, Dalmia Bid For Jaypee Cement
Corporate giants Vedanta, Adani Group, Jindal Power, and Dalmia Bharat are locked in a high-stakes battle to acquire Jaiprakash Associates' cement business through the insolvency process, marking one of India's most significant corporate recovery cases.
NCLT Orders Insolvency Against Bhilai Jaypee Cement
The National Company Law Tribunal has initiated corporate insolvency resolution proceedings against Bhilai Jaypee Cement Limited, marking a significant development in India's corporate landscape and cement industry.
Jaypee Insolvency: Billionaire Bidders Must Show Money
Adani, Vedanta, Dalmia, and Jindal Power face off in Jaypee Group's resolution process as NCLT demands concrete proof of funding capabilities. Get exclusive insights into India's biggest corporate insolvency showdown.
Supreme Court Ends Gstaad Hotels Insolvency Battle
In a landmark ruling, India's Supreme Court dismisses Gstaad Hotels' appeal, upholding NCLT's insolvency order. Founder Deepak Raheja's seven-year legal battle concludes as financial troubles force luxury hotel chain into corporate insolvency.
NCLT admits insolvency case against BluSmart Mobility
BluSmart Mobility, the electric vehicle ride-hailing service, faces financial headwinds as NCLT admits insolvency petition filed by vendor. Discover the implications for India's EV sector.
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