Is it mandatory to serve demand notice on corporate debtor?
Demand notice means a notice served by an operational creditor to the corporate debtor demanding repayment of the operational debt in respect of which the default has occurred.
Search Results for: insolvency provisions
NCLT declares second round of bid invalid of ESSAR Steel
The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Thursday asked the debt-laden Essar Steel’s committee of creditors
Procedures of National Company Law Tribunal
In this article we have discussed about the procedures of filing a case before NCLT and the required documents.
Importance of Debt Recovery in Ease of doing business
India has jumped 30 spots to number 100 in the latest Ease of Doing Business report for 2018 released by the World Bank today.
No wrongdoings, keen to deliver flats: Jaypee Group
Jaypee Group has said that there is no wrong doing on the unencumbered land of the group in favor of mother company Jaiprakash Associates (JAL).
India: RERA, lender’s perspective- Obstacles and Mitigation
A glance at how RERA impacts moneylenders, and how it can be alleviated.
Big terrible loan monster is eating away India’s economic growth: IMF
India horrific loans presently have soared to whopping Rs 9.5 lakh crore. It’s not only a huge quantity, it’s a large monster that is eating away India’s financial increase. IMF in a document said India’s key banks seem resilient, however the device is situation to huge vulnerabilities. “The economic sector is going through great demanding … Continue reading “Big terrible loan monster is eating away India’s economic growth: IMF”
Abetment to Jaypee Infratech’s Bankrupt Consumers
The State Government of Uttar Pradesh has beefed up to provide abetment to the bankrupt homebuyers who have invested their life’s saving.
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