Flourishing Trade and Investments Ltd. encumbered 0.56% more shares of Adani Ports & Special Economic Zone Ltd. to Catalyst Trusteeship Ltd...

Debenture holders have moved the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against GVK Power and Infrastructu...

Three creditors - two financial and one operational - have filed claims totalling around Rs 1,100 crore before the National Company Law Tri...

Dish TV promoters maintain that they were neither borrowers nor guarantors for any loans of YES Bank. Senior counsels Darius Khambata and J...

On Friday, June 17, Justice AK Menon of the Bombay high court, had rejected the petition stating that there was no case made out for “ad-in...

The development is the latest in the dispute between Dish TV chairman and managing director Jawahar Goel and Yes Bank, a lender to the dire...

They have sought initiation of insolvency proceedings against Future Corporate Resources through an application made by their debenture tru...

The development comes at a time when Yes Bank, the largest shareholder in the DTH company, has already approached the National Company Law ...

While a debt restructuring, according to RBI, must apply to all financial creditors, RBI directives are not binding on entities like mutual...

Counsel for DHFL challenged the maintainability of the petition, arguing that the trustees of the bondholders had already moved an applicat...

Lenders have sought legal opinion over the cases from Cyril Amarchand Mangaldas.

Some large investors/lenders believe such legal action is likely to yield little to bond holders especially when bankers are busy finalisin...

“Catalyst Trusteeship (CTL) has initiated the process of filing of application with Debt Recovery Tribunal, Mumbai in respect of all three ...

The NBFC said it has formulated and submitted a draft resolution plan to the lenders.

It said the company and other lenders are engaging with trustees of bond holders to restructure the loans.

Dewan Housing Finance on Tuesday did not pay interest on bonds sold last year.

The sale was done at Rs 361.42 per share.