The Centre is considering amendments to the Recovery of Debt and Bankruptcy Act in the Budget to allow some Debt Recovery Tribunals to focus only on high-value cases. Illustration: Uttam Ghosh/Rediff ...
Indian banks have recovered assets worth Rs 14,131.6 crore linked to fugitive businessman Vijay Mallya, more than double the amount awarded by the Debt Recovery Tribunal (DRT) in 2017. Mallya made ...
The company is accused of borrowing INR 977.75 Cr from IREDA and PFC for purchasing EVs but not utilising the entire amount for it In April, SEBI, in an interim order, said Gensol’s promoters Anmol ...
The Tribunal upheld conditional delay condonation, directing payment of ₹20 lakh as a prerequisite while temporarily deferring possession, reaffirming compliance with Tribunal-imposed ...