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Banking Finance Year 2025 January 2025

Wilful defaults: RBI reveals top 100; 2,664 corporates owe Rs. 1.96 lakh cr

January 15, 2025 admin 0 Comments ABG Shipyard, bank loan default, banking fraud, CBI investigation, Concast Steel, corporate default, ED probe, Financial crime, fraud cases, Gitanjali Gems, Indian Banking Sector, Mehul Choksi, NCLT, Nirav Modi, rbi, wilful defaulters, Winsome Diamonds

A STAGGERING 2,664 corporates have been classified as wilful defaulters, failing to repay bank loans despite having the means to

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Allotted flat won’t be part of liquidation process: IBBI

March 16, 2024 admin 0 Comments IBBI, liquidation, NCLT, process

New rules of Insolvency & Bankruptcy Board of India (IBBI) provide for exemption of allotted property from liquidation process, providing

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Resolution plan NCLT

May 17, 2022 admin 0 Comments NCLT, plan, Resolution

It is an established principle of law that once an adjudicating authority (NCLT) approves a resolution plan, all other claims

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4,300 insolvency cases filed at NCLT

March 5, 2018 admin 0 Comments Insolvency and Bankruptcy Code (IBC), National Company Law Tribunal, NCLT

After formation of National Company Law Tribunal, one and half year ago, over 4,300 cases have been filed at its

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