Search result for 'voluntary liquidation'

CESC Ltd's consolidated net profit fell 7% to Rs 385 crore in Q4 FY24 due to lower deferred tax credits and regulatory income. Total income rose to Rs 4,030 crore.

KPIT Technologies reported a 49% surge in Q4 profit to Rs 245 crore, driven by strong deal wins and growth in the automotive industry. Revenue also increased by 15.9%.

The Insolvency and Bankruptcy Board of India (IBBI) has made it mandatory for insolvency professionals to report their assignments on its electronic portal within a prescribed time frame. This move...

The Insolvency and Bankruptcy Board of India (IBBI) has amended regulations to improve the liquidation process, including streamlined auctions, enhanced reporting, and improved fund management.

The IBBI has introduced electronic forms for liquidation processes under the Insolvency and Bankruptcy Code (IBC) to ease compliance burden and enhance efficiency. These forms cover different...

IBBI mandates that liquidators ensure financial service providers obtain regulatory approval before starting voluntary liquidation under the insolvency law.

The Insolvency and Bankruptcy Board of India (IBBI) has amended norms related to insolvency resolution process for personal guarantors and voluntary liquidation process. The changes aim to...

India's government reports over 1 lakh companies voluntarily exited in the last five years, with many seeking liquidation under the IBC. Learn more about the process and its impact on the business...