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IDBI BANK INSOLVENCY
NCLAT dismisses IDBI Bank's plea for insolvency against Zee EntertainmentThe NCLAT dismissed IDBI Bank's plea to initiate insolvency proceedings against Zee Entertainment, upholding an order by the NCLT. The trib...
NCLAT adjourns hearing on IDBI's insolvency plea against Zee Entertainment to Dec 6IDBI Bank in its plea has challenged the order of the Mumbai bench of the National Company Law Tribunal (NCLT), which, on May 19, 2023, had...
NCLAT issues notice to Zee Entertainment over IDBI Bank's pleaThe National Company Law Appellate Tribunal (NCLAT) has issued a notice to Zee Entertainment Enterprises Ltd (ZEEL) following a petition fr...
IDBI Bank moves NCLAT against Zee; challenges NCLT orderIDBI bank has moved the National Company Law Appellate Tribunal (NCLAT) against Zee Entertainment to challenge an NCLT order, which rejecte...
NCLT dismisses IDBI Bank's insolvency plea against Zee EntertainmentThe National Company Law Tribunal on Friday dismissed IDBI Bank's insolvency plea against Subhash Chandra promoted Zee Entertainment Enterp...
IDBI Bank rejects Mauritius-based Royal Partner's discounted offer for Essar arm“IDBI will not be open to any change in payment consideration (for EPC Constructions),” the lender said in a statement, noting that any cha...
Mauritius investor accuses IDBI Bank of derailing Siva Industries' saleA Mauritius-based investor has accused IDBI Bank of derailing the sale of Siva Industries and Holdings, the promoter company of C Sivasanka...
IDBI Bank seeks more time for Jaypee Infratech resolutionTwo people familiar with the development said that the NCLT’s bench heard IDBI’s plea on Monday but scheduled a hearing on May 6.
NCLT admits S Kumars for insolvency proceedingsThe company, which owned the premium brand Reid & Taylor in India, has total dues of about Rs 2,500 crore to financial creditors.
BILT Graphic Paper gets insolvency breather from Delhi High CourtBILT Graphic Paper, the Thapars-owned company, had moved Delhi High Court against IDBI Bank and the Reserve Bank of India after the bank in...
IDBI Bank nominee resigns from Jaiprakash Associates boardIDBI Bank has decided to withdraw the nomination of Subrat Kumar Mohapatra from the board of directors of the company with immediate effect.
Supreme Court lifts stay on insolvency move against Jaypee infraSC has told Jaypee to deposit Rs 2,000 cr. Flat buyers are not secured creditors and can get back their money only if something is left aft...
Now Jaypee Wish Town home buyers move SC, demand builder to deposit construction, compensation moneyHome buyers insisted that the interest of flat buyers needs to be protected by the SC before re-initiation of insolvency resolution process...
Homebuyers move Supreme Court to ensure Jaypee pays for completing projectThe plea, filed by a group of nine home buyers’ associations, comes after IDBI Bank moved the apex court on Thursday for lifting the stay.
Loans given by banks can’t have lesser priority: IDBIThe stay came on a petition by the builder’s customers who were yet to get possession of their flats and said the insolvency proceedings le...
Jaypee Wish Town project homebuyers protest at firm's officeAccording to the SHO of Noida Expressway police station, over 400 people protested at the company's office here and personnel from four to ...
NCLT admits insolvency petition of IDBI against Jaypee InfratechThe Allahabad bench of NCLT has admitted the petition filed by IDBI Bank under Section 7 of Insolvency and Bankruptcy Code 2016, Jaypee Inf...