The appellate tribunal upheld the earlier decision of the National Company Law Tribunal (NCLT), allowing the bid of a ...

Sri Lanka wrapped up its foreign currency debt restructuring last week with the announcement of the near full acceptance of the new bonds in exchange of the existing foreign currency bonds in default ...

The National Company Law Appellate Tribunal (NCLAT) has set aside hospitality major EIH Ltd's petition against an NCLT order ...

The NCLAT upheld the sale of Golden Jubilee Hotels to a Singapore-based entity, rejecting EIH's plea against the NCLT order.

Zambia’s state power utility made an $82 million payment to the Export-Import Bank of China before reaching a debt ...

not to speak of financial losses to the federal government and the ensuing circular debt which is devouring our economy”.

The government is currently unable to repay at least $6 billion in outstanding payments of purchases. If a country cannot pay the price for its goods, there is no economic difference between this ...

Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International ...

Since the IBC framework came into being in 2016, creditors i.e. banks had a way out. A status update of what happened to ...

The $4 trillion sector is moving past classic unlisted assets to look at private debt, more creative private equity, social infrastructure and energy transition assets. Sally Auld will be National ...

While upholding an earlier order, the appellate tribunal NCLAT observed mere pending of loan restructuring arrangement with ...

The National Company Law Appellate Tribunal (NCLAT) on Friday rejected Jaiprakash Associates Ltd's petition challenging the ...