MahaRERA recovers Rs 369 crore in homebuyer compensation, recovery rate at 45%Of the total amount recovered since the regulator’s establishment in May 2017, approximately Rs 260 crore was recovered up to December 2025...
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 ...
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...
SC rejects MMTC appeal against National Spot Exchange settlement schemeThe Supreme Court has dismissed MMTC's appeal regarding a settlement scheme by National Spot Exchange Ltd. The scheme, amounting to Rs 1,95...
Former financial services secretary Nagaraju Maddirala appointed IL&FS CMD for two yearsNagaraju Maddirala, previously a financial services secretary, has been appointed Chairman and Managing Director of IL&FS. His appointment ...
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...
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...
PMLA court directs ED to monetise NSEL assets, distribute Rs 1,950 crore to 63 Moons under settlement schemeIn a decisive ruling, a special PMLA court has instructed the Enforcement Directorate to sell off properties involved in the NSEL payment d...
ED arrests Rakesh Kumar Gupta, chairman of media broadcast company in insolvency-linked caseRakesh Kumar Gupta, chairman of Sadhna Group, was arrested under the Prevention of Money Laundering Act. The Enforcement Directorate claims...
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...
NBCC sets Rs 9,620 crore plan to revive 16 stalled Supertech projectsNBCC has launched 25 tenders worth Rs 9,620.33 crore to complete 16 stalled housing projects by Supertech. The National Company Law Appella...
NCLAT allows oppression, mismanagement plea against office-bearers of film producers' body IMPPANCLAT upheld the NCLT's decision to allow a minority group of IMPPA to pursue legal action. The minority members alleged financial mismanag...
Homebuyers of Supertech projects worried over constant delay to approach Supreme CourtHomebuyers of 16 stalled housing projects by Supertech are planning to approach the Supreme Court again. They are frustrated with the lack ...
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 ...
NCLAT issues notices to lenders on Subhash Chandra’s plea against NCLT orderNCLAT has issued notices to lenders on Essel Group chairman Subhash Chandra’s plea challenging an NCLT order that constituted a five-member...
NCLAT issues notice to creditors on Subhash Chandra's Plea; sets next hearing for Oct 29-30The National Company Law Appellate Tribunal will hear Subhash Chandra's appeal regarding his personal insolvency on specific dates. Chandra...