KPIT Technologies Ltd (KPIT), is a global technology company specialised in providing IT consulting and product engineering solutions and services to automotive, manufacturing, energy and utilities and life sciences...
Innoventive Industries Vs Kumar Motors Pvt. Ltd.
Fact of the case: The Appellant filed an application under Section 7 of the ‘Insolvency and Bankruptcy Code, 2016 (“I&B Code”) for initiation of ‘Corporate Insolvency Resolution Process’ against ‘Kumar Motors...
Bankruptcy law will spur M&A deals
Ever since the government introduced the bankruptcy law, host of companies right from steel, power, cement and construction have put their distressed assets on sale and potential bidders are chalking out deals to snap...
Stylam Industries goes for amalgamation
Stylam Industries Limited (SIL) incorporated in year 1991 is one of the largest manufactures of laminates sheets for both home and industry use. The company's 70% revenue comes from export market. The current market cap...
Pennar Industries treads the consolidation path
PENNAR INDUSTRIES LIMITED (PIL), is one of the leading engineering organisations in India well known for its expertise in providing engineered products and services. It began operations in 1988, with a strategic...
Stuck in corporate liquidation hurdles? Here are some solutions
One of the fundamental features of the Insolvency and Bankruptcy Code, 2016 (Code) is to resolve disputes in a timely manner – a window of 180 days extendable to 90 days --- given to the Insolvency Professional to help...