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Ways to shrink the IBC process
Business

Ways to shrink the IBC process

According to official data , the average time taken for an insolvency resolution process at the National Company Law Tribunal (NCLT) was 716 days (654

Reliance Capital acquisition: IIHL to acquire debt-ridden Anil Ambani’s company by February 26. NCLT accepts IIHL’s plea
Stock Market

Reliance Capital acquisition: IIHL to acquire debt-ridden Anil Ambani’s company by February 26. NCLT accepts IIHL’s plea

IndusInd International Holdings Limited (IIHL) is set to acquire Anil Ambani’s debt-laden Reliance Capital by February 26, 2025, following the National Company Law Tribunal’s (NCLT)

NCLT recalls insolvency order against Logix Infra, cites ‘fraudulent and mala fide’ intentions
Business

NCLT recalls insolvency order against Logix Infra, cites ‘fraudulent and mala fide’ intentions

In a rare move, National Company Law Tribunal (NCLT) has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure