insolvency
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Trends
India’s Real Estate Insolvency Trap. Builders Get A Second Chance, Homebuyers Get Another Delay. Is Insolvency Becoming An Escape Route From Accountability?
India’s Insolvency and Bankruptcy Code (IBC) was introduced to deal with financially distressed companies, improve creditor recoveries and give viable…
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Trends
Manoj Gaur Of Jaypee Group Faces A Crucial Bail Question As ED Alleges ₹13,833 Crore Diversion. Will The Courts Give Him Another Break? As Cases Drag On, Who Is Fighting For The Homebuyers?
₹32,825 crore collected, ₹13,833 crore allegedly diverted, and thousands of homebuyers still waiting. As Manoj Gaur fights his bail battle,…
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Trends
Amrapali, Sureka Group And The Missing Money. Why Did The Supreme Court Order The Sureka Group To Deposit ₹167 Crore In The Amrapali Case? Who Will Answer For The Homebuyers Still Waiting?
Thousands of homebuyers are still waiting for homes promised by Amrapali Group, while questions over their money continue to surface.…
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Trends
Jaypee Homebuyers Still Wait As NCLT Flags Problems With The Revival Plan. Unfinished Homes, A ₹13,833 Crore Alleged Money Trail And Two Sides Of Insolvency. Who Will Answer To The Homebuyers?
They paid for homes. They got years of delays, insolvency proceedings, allegations of financial diversion and yet another revival plan…
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Trends
Subhash Chandra’s ₹22,000 Crore Debt Puzzle: ₹59,000 Crore Net Worth, ₹31.79 Crore Assets And A ₹6.25 Crore Settlement
How does a businessman once presented as being worth ₹59,113 crore end up declaring ₹31.79 crore while creditors claim ₹22,006.57…
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Trends
Jindal India Challenges Reliance Retail Ventures For Debt Resolution Battle For Future Enterprises; The Stakes Have Never Been Higher
A high-stakes battle ensues as debt-laden Future Enterprises faces insolvency proceedings under the Insolvency and Bankruptcy Code (IBC); Jindal India,…
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