Have you read these stories?

India wants to protect its foreign investors, but there's a catch

The draft text of the new law dated Nov. 15 does not cover demands related to enforcement of tax obligations.

insolvency

Jan 21, 2020, 06.32 AM IST

SEARCHED FOR:

INSOLVENCY

New payments formula for creditors in the works

Liquidation amount would be distributed to company’s creditors in accordance with the “waterfall” mechanism set out in Section 53 of Insolvency and Bankruptcy Code, as per the plan. Under this mechanism, all claims of secured financial creditors must be fully paid before payments are made to unsecured financial creditors, who must in turn be fully paid before operational creditors.

Jaiprakash Power Ventures to exit insolvency process

The outstanding debt of the Jaiprakash Associates group company has reduced to less than...

CBI arrests insolvency resolution professional appointed by NCLT

In what is likely to be the first corruption case by the CBI against an NCLT...

ET Prime Distribution
Load More...
x

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service