Bankruptcy Rules
Lenders plan to put Reliance Communications HQ in Navi Mumbai on sale
Indian lenders had sent the company, earlier owned by Anil Ambani, for debt resolution in May 2018
 "Lenders plan to put Reliance Communications HQ in Navi Mumbai on sale")
Ex-promoters can't hold stake in insolvent firms acquired by others: SC
Court agrees with tribunal orders in Bhushan Steel's acquisition by Tata group firm
 "Ex-promoters can't hold stake in insolvent firms acquired by others: SC")
New amendments to bankruptcy code look to boost returns of stressed assets
IBBI had invited comments from the stakeholders to suggest if parts of stressed assets could be sold off instead of as a whole
 "New amendments to bankruptcy code look to boost returns of stressed assets")
Prestige Estates to take over $1.4-billion project from bankrupt firm
The court-appointed insolvency resolution professional Jayesh Sanghrajka declined to comment when reached by phone
 "Prestige Estates to take over $1.4-billion project from bankrupt firm")
SC right to protect IBC
Back door for promoters to retain control closed
 "SC right to protect IBC")
IBC faces test again as top court hears Bhushan Power & Steel case
ED objected to the applicability of Section 32A of the Insolvency and Bankruptcy Code (IBC) to the JSW-Bhushan deal
 "IBC faces test again as top court hears Bhushan Power & Steel case")
BoB seeks to recover $250 mn loans from NMC founder BR Shetty: Reporter
B R Shetty runs NMC, the largest private healthcare provider in the United Arab Emirates.
 "BoB seeks to recover $250 mn loans from NMC founder BR Shetty: Reporter")
Save the bankruptcy code
Govt must step in to make necessary changes
 "Save the bankruptcy code")
Small creditors use new bankruptcy rules to put the squeeze on big players
Govt overhauled bankruptcy laws last year to help banks tackle a $150-billion bad loan issue
 "Small creditors use new bankruptcy rules to put the squeeze on big players")
