‘Insolvency process of firms eased by introducing new code’ – The Hindu

TAMIL NADU Staff Reporter Coimbatore, October 27, 2017 00:00 IST Updated: October 27, 2017 03:52 IST “; var device = “”; for ( var type in WFClientTypeDef) { if (window.matchMedia(WFClientTypeDef[type]).matches) { switch (type) { case “xlarge”: device = ‘desktop’; break; case “large”: device = ‘desktop’; break; case “medium”: device = ‘tab’; break; case “small”: device…

UK personal insolvencies hit 5-year high in gloomy sign for economy – Reuters

LONDON (Reuters) – The number of people registering as insolvent in England and Wales hit a five-year high in the third quarter, according to figures on Friday that hinted at trouble brewing in Britains consumer economy. FILE PHOTO: People walk across Westminster Bridge in London, Britain, June 22, 2017. REUTERS/Marko Djurica The governments Insolvency Service…

NCLT-appointed IRP invites corporates to complete Jaypee Infra projects under insolvency law – Business Today

Applications have been invited from corporate entities for submission of a resolution plan for debtridden Jaypee Infratech to move ahead with the process under the insolvency law. The NCLT-appointed insolvency resolution professional (IRP) Anuj Jain has invited expressions of interest (EoI) from corporates having a minimum net worth of Rs 1,000 crore as well as…

Insolvency resolution: Jaypee Infratech IRP invites firms to complete projects – The Indian Express

Written by Surbhi Prasad | New Delhi | Published:October 28, 2017 3:25 am Under Section 25 of the Insolvency and Bankruptcy Code, it is the duty of a resolution professional to invite prospective lenders, investors and any other persons to put forward resolution plans once the information memorandum is ready. The National Company Law Tribunal…