Corporate sector vulnerabilities in a high-rate world: Growing risks to financial stability

Liquidation

The unprecedented policy support deployed during the COVID-19 pandemic allowed nonfinancial corporations in many jurisdictions to navigate the pandemic shock relatively well. At the same time, the synchronised global monetary policy tightening cycle that started in early-2022 (recently reversed by several central banks) does not seem to have significantly affected corporates’ financial performance. Nevertheless, the…

Stock under Rs 20: Mukesh Ambani-backed company’s Q4 results 2025 announcement on Monday, 21 April – Markets

Liquidation

The stock, which is under Rs 20, is Alok Industries . As its promoter, Reliance Industries owns 40.01 per cent stake in the company. Reliance and JM Financial ARC acquired Alok Industries back in 2019 under the corporate insolvency resolution process. JM Financial Asset Reconstruction Company Limited has 34.99 per cent shareholding in Alok Industries.…

NCLAT Upholds NCLT’s Liquidation Decision After CoC Abstains from Voting

Liquidation

The NCLAT found no error in the NCLT’s decision, affirming the validity of the CoC’s commercial wisdom and the necessary procedural steps for liquidation The Delhi Bench of National Company Law Appellate Tribunal(NCLAT)upheld the  National Company Law Tribunal(NCLT)’s decision to approve liquidation for Sintex Plastics Technologies Ltd. following the Committee of Creditors (CoC) abstaining from…

Jaiprakash Associates attracts 25 bidders, including Adani

Liquidation

Jaiprakash Associates Limited (JAL), the debt-laden infrastructure giant of the Jaypee Group, has moved closer to resolving its financial woes as 25 entities, including Adani Enterprises, Dalmia Cement, Vedanta Limited, and its subsidiary Jaypee Infratech Limited, have been shortlisted as eligible bidders in its Corporate Insolvency Resolution Process (CIRP), according to a regulatory filing dated…

Application U/S 19(2) Of IBC Is Not Maintainable Against Third Party: NCLT Delhi

Liquidation

The National Company Law Tribunal (NCLT), Chandigarh bench of Shri Bachu Venkat Balaram Das (Judicial Member) and Shri Atul Chaturvedi(Technical Member), has held that an application under section 19(2) of the Insolvency & Bankruptcy Code, 2016 (“Code”), filed by the Resolution Professional (“RP”) to collect information for effective conduct of Corporate Insolvency Resolution Process (“CIRP”)…

Fraud Or Malicious Intent U/S 65 Of IBC Is Proven If Terms Of Loan Extended By Financial Creditor Are Designed To Cause Default: NCLT

Liquidation

The National Company Law Tribunal (NCLT), New Delhi bench of Shri Manni Sankariah Shanmuga Sundaram (Judicial Member) and Dr. Sanjeev Ranjan (Technical Member) held that a Petition under Section 7 of Insolvency & Bankruptcy Code, 2016 (“Code”) is proved to have been filed with Fraud or Malicious intent under Section 65 of the Code if…