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CORPORATE INSOLVENCY RESOLUTION PROCESS
NCLAT revives Walchandnagar Industries' insolvency plea against Swaraj India Agro on SC directionThe National Company Law Appellate Tribunal restored an appeal from Walchandnagar Industries against Swaraj India Agro. This restoration fo...
DMK MPs meet demands for CEC's removal over SIR rowThe DMK parliamentary party meeting under M K Stalin adopted resolutions against Chief Election Commissioner Gyanesh Kumar. The party claim...
Iveco shareholders approve Tata Motors' takeover bid; acceptance threshold cut to 80 pcAt an extraordinary general meeting held in Amsterdam, Iveco shareholders approved all resolutions proposed by its board of directors in co...
Cornell gang rape case: Pressure mounts on university President Michael Kotlikoff over lawsuit, faces no confidence motionFaculty members at Cornell University expressed dissatisfaction at a recent meeting regarding President Michael Kotlikoff’s administration....
Experts hail SC ruling on creditor’s claim in insolvency-linked dispute between two Bengaluru firmsThe Supreme Court has ruled that a creditor whose claim was largely extinguished under an insolvency resolution plan can still use it as a ...
Bank of Baroda shares drop 3% after NMC Healthcare founder BR Shetty files $15 bn lawsuit; lender issues clarificationBank of Baroda shares fell over 3% to Rs 230.40 on Wednesday following reports that NMC Healthcare founder BR Shetty filed a $15 billion la...
Polycab India shares fall 6% in two sessions. What’s triggering the selloff?Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30...
NMC Healthcare founder BR Shetty files $15 billion lawsuit against Bank of BarodaThe suit, filed in the Bombay High Court, seeks $5 billion in direct damages for alleged fraud and negligence, $5 billion in consequential ...
Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's whyPolycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolven...
Polycab India’s F&O exit: NSE sets December 30 deadline; NCLAT stays insolvency orderNSE will remove Polycab India from the equity derivatives segment from December 30, 2026, with existing contracts available until expiry. S...
Keralam Assembly to move resolution seeking removal of Chief Election Commissioner Gyanesh KumarThe Keralam Assembly is set to propose a resolution urging the removal of Chief Election Commissioner Gyanesh Kumar. This resolution includ...
Byju’s parent to hold 32% in Aakash after settlementThe eventual holding will be higher than the roughly 25.75% TLPL owned before Aakash’s Rs 240-crore rights issue became the subject of liti...
NCLT approved 107 resolution plans worth Rs 11,000 crore in Q2The National Company Law Tribunal has set a new benchmark by approving 107 Resolution Plans in the second quarter of FY 2026–27, a remarkab...
Viceroy Hotels shares rise 2% as Zerodha founders Nithin, Nikhil Kamath pick 6.72% stakeViceroy Hotels shares witnessed an uptick on Tuesday after Zerodha founders Nithin and Nikhil Kamath acquired a 6.72% stake in the company ...
Zerodha founders Nithin, Nikhil Kamath pick up 6.72% stake in Viceroy HotelsZerodha founders Nithin and Nikhil Kamath have acquired a 6.72% stake in Viceroy Hotels through Kamath Associates and Nksquared. The invest...
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity RealtyKotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to ...
Need reforms for higher recoveries and speedier resolutions in IBC: IBBI ChairJayanti Prasad emphasized the need for reforms in India's debt resolution framework to improve realizations and safeguards. Justice Anupind...