IBC

14 ARTICLES

IBC
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Supreme Court temporarily halts Bhushan Power’s liquidation

This halts liquidation proceedings at the NCLT until at least 2 June, which is JSW Steel’s deadline to file a review petition on the apex court’s 2 May verdict.

26 May 2025

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SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it

Acquirer JSW Steel and the other parties to the resolution process of the insolvent entity vitiated the sanctity of the bankruptcy code, the apex court found.

04 May 2025

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Byju’s settlement with BCCI on hold after lenders question source of funds

The US-based creditors argued that it was their money that was being used by the edtech firm to pay BCCI’s dues and thus avoid facing insolvency.

31 Jul 2024

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Big win for Jalan-Kalrock in the race to revive Jet Airways

The recent NCLT order boosts its chances of taking control of the grounded airline, but the lenders can still force a change in flight plan.

20 Jan 2023

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Five business stories that needed to be told

From the HDFC merger to the Brightcom saga, 2022 was a year with many shades of grey for corporate India.

28 Dec 2022

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How Piramal aims to get to a $20 billion valuation

A retail lending push, demerger of the pharma business and some of DHFL’s bad loans coming good are what his hopes are riding on.

08 Mar 2022

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Slow burn at India’s new bad bank

What seemed like the answer to bankers’ prayers is mired in regulatory reluctance, with the big questions on India’s bad loan crisis still unanswered.

19 Aug 2021

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Is Uday Kotak-led IL&FS talking up its recovery?

The management of the bankrupt group claims to have resolved 61% of its massive debt. Reality or window dressing?