Group entities to reconcile, settle dues with lenders: Essel ChairmanSubhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlig...
31 Aug, 2026, 01.08 AM IST
Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency planDissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve...
30 Aug, 2026, 04.24 PM IST
Bankers question role of RP in the Subhash Chandra case and how net worth was computedDissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how ...
29 Aug, 2026, 06.51 PM IST
NCLT approves Aspect JV's resolution plan for Radius & Deserve Land DevelopersThe NCLT approved Aspect Group's resolution plan for Radius & Deserve Land Developers. This approval concludes the company's corporate inso...
23 Jul, 2026, 07.59 AM IST
Mahagun gets insolvency relief as NCLT clears settlement with IDBI TrusteeshipMahagun Group has reached a settlement with IDBI Trusteeship, resolving insolvency proceedings. This development brings relief to homebuyer...
23 Feb, 2026, 01.12 AM IST
SC agrees to hear IDBI Trusteeship Services’ appeal, issues notice to Essel group entitiesThe Supreme Court has asked a response from Essel group firms, Cyquator Media Services Pvt Ltd and Direct Media Distribution Ventures, on t...
11 Dec, 2023, 08.45 PM IST
NCLAT dismisses IDBI Trusteeship plea for insolvency against Essel group entity Cyquator Media ServicesA two-member bench of the appellate tribunal observed that the default, claimed by IDBI Trusteeship, had happened during June 2020, which i...
14 Sep, 2023, 06.32 PM IST
Insolvency plea against Essel entity Cyquator dismissedIn its petition against Cyquator Media, IDBI Trusteeship had invoked the provisions of Section 7 Insolvency and Bankruptcy Code read with R...
27 Jun, 2023, 07.35 AM IST
IDBI Trusteeship approaches NCLT against Noida developer Shipra EstateIDBI Trusteeship is a trustee for the non-convertible debentures subscribed by IIFL Asset Management Company in 2015.
17 Aug, 2021, 11.02 PM IST
Bondholders and lenders of GVK Power Goindwal at loggerhead over priority paymentIDBI Trusteeship filed the case on behalf of DB International (Asia), an affiliate of Deutsche Bank.
30 Jun, 2020, 07.48 PM IST
Bondholders drag Reliance Home Finance to NCLTIDBI Trusteeship wants the tribunal to seize the assets of Reliance Home Finance and Reliance Capital to recover the dues.
10 Jan, 2020, 08.48 PM IST
Religare gets shareholders' approval to repay Axis loanIn the postal ballot notice issued in July, Religare Enterprises had said that it proposes to make further capital investment of up to 500 ...
12 Sep, 2017, 11.11 PM IST
Ventura Power pledges its 2.65 per cent stake in Adani PowerVentura Power Investments Pvt Ltd said it has pledged 7.77 crore shares or 2.65 per cent stake in Adani Power Ltd, to IDBI Trusteeship Serv...
13 Jul, 2015, 04.47 PM IST
IDBI Trusteeship acquires 6.44 per cent equity shares of Adani PowerThe statement revealed that the IDBI Trusteeship acquired 18.49 crore shares on June 17.
18 Jun, 2015, 10.24 PM IST
Mallya's stake in United Spirits Limited declines as Kingfisher Airlines’ lenders invoke sharesUSL said lender IDBI Trusteeship Services invoked 3.14 million pledged shares held by United Breweries Holdings (UBHL) in USL, now a Diageo...
19 Jun, 2014, 10.20 AM IST
- IDBI Trusteeship Services sells 2.30% stake in Parsvnath Developers
Parsvnath said IDBI Trusteeship Services has released the shares, leading to dilution of its stake in the co by 2.30% stake from 15.66% ear...
25 Jun, 2012, 03.14 PM IST
- IDBI Trusteeship releases 53 crore pledged shares of Adani Power
Adani Power said more than 53.14 crore pledged shares of the company have been released by IDBI Trusteeship Services.
02 Mar, 2012, 10.06 PM IST