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GreatWhite Feud: Shah brothers head for bidding tableThe legal dispute between Mehul and Hemang Jadavji Shah for control of GreatWhite Global is nearing resolution. Both brothers have agreed t...
Supreme Court nudges feuding Anchor Group brothers towards mediation, appoints mediatorThe Supreme Court has intervened in the family feud between Anchor Group promoters Mehul and Hemang Shah, directing them to mediation to re...
Anchor Group’s Hemang Shah released by Bombay HC in case stemming from family disputeThe Bombay High Court declared the arrest of Anchor Group director Hemang Jadavji Shah by the Economic Offences Wing as illegal, citing a v...
Tikona Infinet settles CCD dues with L&T Finance, moves to exit insolvency processTikona Infinet settles its dues with L&T Finance related to Series 'E' Compulsorily Convertible Debentures, leading to the withdrawal of th...
NCLT admits L&T Finance plea against Tikona Infinet over unpaid duesThe Mumbai bench of the NCLT has admitted L&T Finance's insolvency plea against Tikona Infinet over a ₹116.01 crore default on coupon payme...
Bombay HC quashes Bank of India's 'fraud' tag on Pune Buildtech, orders removal from wilful defaulters listThe Bombay High Court has invalidated Bank of India’s decision to declare Pune Buildtech Pvt Ltd ‘fraud’ and 'wilful defaulter,' directing ...
NCLAT sets aside DB Realty insolvency process as co, lender settles matterThe National Company Law Appellate Tribunal (NCLAT) nullified an insolvency resolution against DB Realty following a settlement with Bank o...
NCLT dismisses insolvency resolution plea against Indamer Mjets Airport ServiceThe bankruptcy court in Mumbai has rejected an application filed by Dezire Group against Indamer Mjets Airport Service Pvt Ltd to admit the...
NCLAT quashes insolvency proceedings against DB Realty arm BD&P HotelsThe National Company Law Appellate Tribunal (NCLAT) has quashed insolvency resolution proceedings against BD&P Hotels (India), a group enti...
State Bank of India files insolvency plea against Mumbai Metro OneState Bank of India (SBI) has approached the National Company Law Tribunal (NCLT) against Mumbai Metro One (MMOPL) to admit the company und...
Bombay High Court refuses relief to the Yes Bank in the case against Asit KotechaThe genesis of the dispute lies in the credit facility of Rs 330 crore extended by Yes Bank in 2015 to Lily Realty Pvt Ltd, a company owned...
Bombay High Court sets aside BARC order against TV TodayIn its oral order, a division bench of the Bombay High Court, comprising of Justice Nitin Jamdar and Justice Milind Jadhav, while setting a...
DHFL administrators get Rs 1.2 lakh crore claimsWhen the tribunal admitted the RBI’s plea, DHFL owed over Rs 83,800 crore to banks, the National Housing Board (NHB) , mutual funds and bon...
Debt Recovery Tribunal stops DHFL from making paymentsMove comes a day after Bombay HC told DHFL to pay banks, NBFCS with securitisation deals
HC extends order restraining DHFL from making further payments to its creditorsEarlier, on September 4, the court had restrained DHFL from paying dues to any lender until October
Edelweiss moves HC to recover dues from DHFLEdelweiss AMC is seeking the appointment of a court receiver and disclosure of all the assets of DHFL.
Reliance Nippon AMC moves to HC to recover Rs 478 crore from DHFLThe counsel for DHFL said the company defaulted on the payment of about Rs 200 crore in the month of May.