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ALCHEMIST ARC PROMOTER
NCLT allows Lotus Auto liquidator’s petition to sell company as a going concernLotus Auto is a manufacturer of cast iron and cast iron components and has a manufacturing facility in Bhiwadi, Rajasthan. The company owes...
17 Sep, 2022, 01.12 PM IST
Lavasa creditors start voting on two resolution proposalsValuers had pegged Rs 4,000 crore as liquidation value of the country’s first privately developed township when it was admitted for insolve...
16 Dec, 2021, 10.21 AM IST
Vedanta entity, Adani, Jindal Power, PFC and iLabs give EoI for KSK Mahanadi PowerSBI invited bids from ARCs for its Rs 4101 crore outstanding dues to KSK Mahanadi Power by 30 December, sets a reserve price of Rs 1423 cro...
02 Dec, 2021, 11.14 PM IST
Pratip Chaudhuri's arrest: A case of too many laws and too little justice"They had a warrant and told me I had to come with them and I will know about the case only after I am produced in court. I said I was not ...
21 Nov, 2021, 11.26 AM IST
Former SBI chairman Pratip Chadhuri gets bail, Alchemist directors set to move to quash arrest ordersThe Jodhpur bench on Tuesday granted stay of order dated and all consequential orders passed by the chief judicial magistrate of Jaisalmer ...
09 Nov, 2021, 10.36 PM IST
HC stays arrest of Alchemist ARC promoter & another in loan fraud caseIt is alleged that properties of Jaisalmer-based Hotel Gaudavan Pvt. Ltd. (HGPL) worth about Rs 200 crore, seized by SBI for loan default, ...
04 Nov, 2021, 08.54 AM IST
Pratip Chaudhuri's arrest: SBI's Dinesh Khara says former banker wasn't given a chance to be heardThe Indian banking industry is in a state of shock after Jaisalmer police arrested Chaudhuri following a complaint from a defaulter who los...
04 Nov, 2021, 06.00 AM IST
Confident that Chaudhuri will be released unconditionally: SBI chairman Dinesh KharaKhara described the arrest as "unfortunate" and expressed confidence that his predecessor will be released unconditionally without any char...
03 Nov, 2021, 05.45 PM IST
Pratip Chaudhuri's arrest: New rules say police needs prior nod to act against PSU officialsThe Department of Personnel & Training circular, published about a couple of months ago and after the arrest of Bank of Maharashtra executi...
03 Nov, 2021, 06.07 AM IST
Former SBI chairman Pratip Chaudhuri's arrest: Bankers shocked over ‘high-handed’ moveThere was reportedly no notice or formal summons in a decade-old soured-loan case which has shaken the banking sector, stoking concerns the...
02 Nov, 2021, 01.19 PM IST
Judicial, police high handedness shock bankersThe police and judicial high handedness has shocked bankers who now fear that such crude actions by authorities will lead to delays in deci...
02 Nov, 2021, 12.14 PM IST
Two new bidders for LavasaTwo bids from Alchemist ARC president Srishti Dhir along with her brother Madhav Dhir and little known Darwin Projects are being considered...
11 Aug, 2021, 08.17 PM IST
6 suitors submit bids for acquiring Reliance Home FinanceLenders have decided to further extend the bidding time line till January 31, 2021, in order to accommodate the four non-compliant bidders,...
20 Dec, 2020, 05.43 PM IST