IBC’s identity crisis
It has been more than two years since India’s newest law for dealing with bankrupt companies was ratified. Yet, it remains unclear what is its purpose.
It has been more than two years since India’s newest law for dealing with bankrupt companies was ratified. Yet, it remains unclear what is its purpose.
Aditya Birla group chairman Kumar Mangalam Birla has made a habit of getting what he wants.
Consolidation of its financial services ventures into one entity will help Piramal Enterprises realise scale, diversify risk and access capital on preferential terms.
The deal will help UltraTech Cement attain a stronger presence in India’s eastern, central and western markets.
Editor’s letter from the May issue
NCLT’s Kolkata bench orders lenders to consider UltraTech’s revised bid submitted after the deadline.
The entire insolvency process under the Insolvency and Bankruptcy Code is under threat. Is it time for another amendment?