Date: 29 May 2020
#insolvency #bankruptcy #creditors #lender #loan #repayment #default #interestpayment #debt #assetseizure #2020
https://m.economictimes.com/industry/banking/finance/pnb-housing-finance-takes-over-vipul-ltd-project-after-default/articleshow/76077986.cms
#insolvency #bankruptcy #creditors #lender #loan #repayment #default #interestpayment #debt #assetseizure #2020
https://m.economictimes.com/industry/banking/finance/pnb-housing-finance-takes-over-vipul-ltd-project-after-default/articleshow/76077986.cms
The Economic Times
PNB Housing Finance takes over Vipul Ltd Project after default
The lender had sent a notice to the Bombay Stock Exchange listed developer in February, demanding repayment of the loan given against its project Aarohan Residences in Gurgaon.
Date: 13 January 2021
#insolvency #bankruptcy #ibc #regulator #cirp #distress #debt #loan
https://www.financialexpress.com/industry/ibc-took-433-days-for-a-resolution-on-an-average/2169552/
#insolvency #bankruptcy #ibc #regulator #cirp #distress #debt #loan
https://www.financialexpress.com/industry/ibc-took-433-days-for-a-resolution-on-an-average/2169552/
The Financial Express
IBC took 433 days for a resolution on an average
Misha, partner at Shardul Amarchand Mangaldas, said that the initial delay in the processes was caused on account of certain unsettled issues of interpretation and the ecosystem becoming familiar with the processes.