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  • IL&FS Board Likely To File Contempt Case Against 9 Banks For Unauthorised Withdrawals
    Newsclick Report
    IL&FS Board Likely To File Contempt Case Against 9 Banks For Unauthorised Withdrawals
    10 Jun 2019
    In January, credit rating agencies have downgraded several SPVs of IL&FS for changing their stance on debt repayment.
  • After Contempt of Court and Failed Spectrum Sale, RCom
    Newsclick Report
    After Contempt of Court and Failed Spectrum Sale, RCom Opts for Bankruptcy
    02 Feb 2019
    In May 2018, NCLT initiated a corporate insolvency resolution process on RCom, which was stayed by the NCLAT, letting the company’s management to resolve issues.
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