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  Jaypee insolvency row: SC raps JAL for failure to deposit Rs 2,000 cr, seeks asset details of company directors

  Real Estate | November 13, 2017 16:25 IST

  ​The top court also set up an amicus curiae in the ongoing case and asked directors of JAL to personally appear before it on Nov 22.

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  No free run for promoters in insolvency cases, says SBI chief Rajnish Kumar

  Business | November 07, 2017 11:07 IST

  Wilful defaulters or people who have diverted funds, as proved in the forensic audit, will not be allowed to participate in bidding for stressed companies, the SBI chairman said.

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  In huge reprieve, Centre set to grant ‘primary secured creditors’ status to home buyers

  Real Estate | November 02, 2017 12:21 IST

  Last on the list of claimants under existing norms, home buyers have little hope of recovering their hard-earned money from errant builders.