Daily Archives: April 17, 2017

Indiabulls Real Estate hits 52-week high on restructuring plans – Business Standard

RestructuringBy Insolvency Guardian April 17, 2017

Indiabulls Real Estate hit a 52-week high of Rs 111, up 5% on BSE in early morning trade after the real estate developer said it will restructure the real estate business by demerging commercial and residential into separate companies. At 09:27 am; the stock was trading 2.6% higher at Rs 109, after hitting…

IBBI plans fast-tracking resolution for startups – Moneycontrol.com

LiquidationBy Insolvency Guardian April 17, 2017

The Insolvency and Bankruptcy Board plans to fast-track the resolution process for “smaller cases”, including for startups, and complete them within 90 days. The Board has been set up under the Insolvency and Bankruptcy Code, which came into force from December 1, 2016. While a final decision is yet to be taken, the Insolvency and…

Call Now Button