Lanco Infratech – Here Today, Gone Tomorrow
Liquidation order for Lanco Infratech by National Company Law Tribunal (NCLT) seals its fate. The company which generated revenue (consolidated) of over Rs 8,000 crore just two years back would…
Decoding Insolvency & Bankruptcy Code (IBC)
The Insolvency & bankruptcy code (IBC) has received unprecedented attention since its promulgation about two years back, more so, through the whole of this year. The designated courts have also…
Jaiprakash Associates – What Went Wrong??
Jaiprakash Associates (JAL) suffered two setbacks; first with The Supreme Court denying it permission to bid for its subsidiary, Jaypee Infratech, which is undergoing insolvency proceedings. The second one came…