NEW DELHI, April 29 -- The Supreme Court on Wednesday took suo motu cognizance of delays and structural gaps in insolvency tribunals, flagging risks to creditors and the effectiveness of India's bankr... Read More
New Delhi, April 20 -- If Vedanta's challenge to lenders' approval of Adani Enterprises' Rs.15,000-crore resolution plan for Jaiprakash Associates Ltd (JAL) succeeds, it could redefine lenders' wide p... Read More
New Delhi, April 10 -- Billionaire Anil Agarwal-led Vedanta Ltd told the bankruptcy tribunal that the bidding process in the Jaiprakash Associates Ltd insolvency case was "tailor-made" by lenders to f... Read More
New Delhi, April 9 -- In a crucial ruling for the banking sector, the Supreme Court clarified that banks are not required to provide borrowers a personal or oral hearing before classifying their accou... Read More
New Delhi, April 9 -- India's first class action suit has hit an unexpected hurdle: Ankit Jain, the lead minority shareholder in the Rs.2,500-crore siphoning case against Jindal Poly Films, is looking... Read More
NEW DELHI/MUMBAI, April 6 -- The Supreme Court on Monday refused to halt Adani Enterprises Ltd's Rs.14,543 crore resolution plan for Jaiprakash Associates Ltd (JAL), allowing implementation to proceed... Read More
NEW DELHI/MUMBAI, April 6 -- The Supreme Court on Monday refused to stay implementation of Adani Enterprises Ltd's Rs.14,543 crore resolution plan for bankrupt Jaiprakash Associates Ltd (JAL), rejecti... Read More
NEW DELHI/MUMBAI, April 1 -- The Supreme Court on Wednesday took up a long-running tax dispute over a key steelmaking input, with steelmakers such as Jindal Steel (formerly Jindal Steel & Power Ltd) c... Read More