The amount was mentioned by tribunal’s President Chief Justice (Retd) Ramalingam Sudhakar while delivering the sixth annual day lecture of Insolvency and Bankruptcy Board of India (IBBI). Under Sections 7, 9 and 10 of IBC, 25,225 cases involving a total amount of Rs 10,49,264 crore have been disposed of, he said.
Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.