Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...

The proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...

Power Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...

India's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...

In one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...

JM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure Pvt Ltd's Rs 971 crore debt, offering Rs 621...

The Delhi Gymkhana Club committee has appealed to the Centre to maintain the club's operations. They seek clarity on relocation and employe...

Adani Power is set to acquire stakes in Jaypee Group's power companies for approximately ₹4,200 crore. This move will boost Adani Power's g...

Realty firm Alpha Corp Development Ltd will invest nearly Rs 900 crore to complete three stalled housing and commercial projects in Greater...

The Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...

The National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...

The Supreme Court has taken suo motu cognisance of the grim situation at NCLT benches. Delays in approving resolution plans are causing sig...

Homebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...

Omkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...

This will be the first acquisition of NARCL after it was formed two years ago with the aim to acquire bad loans from Indian banks. NARCL, w...

RBI underscored the need to strengthen the NCLT infrastructure to accommodate the likely large number of cases that may be referred to the ...

In this context, the proposed public credit registry (PCR) will aggregate information about borrowers from multiple agencies at one place a...