Chemhub Tradelink's plan for Pancard Clubs, approved by NCLT, involves Rs 8,900 crore debt claims with 8% recovery for creditors. The resol...

The National Company Law Tribunal (NCLT) dismissed Ashdan Properties' petition against Chemhub Tradelink's approved resolution plan for Pan...

The company, which develops and operates hotels and resorts, is undergoing an in-court resolution process and more than 1.5 million financi...

National Company Law Tribunal had admitted Pancard Clubs for insolvency proceedings on 9 September and appointed Rajesh Sheth as the compan...

Sebi is investigating the company for running an unregistered collective investment scheme (CIS). The scheme was allegedly an investment sc...

The Securities and Exchange Board of India (Sebi) is investigating Pancard Clubs for allegedly running an unregistered collective investmen...

Though Pancard Clubs ostensibly raised funds to admit members into a time share programme that gave them a share of holiday time at tourist...

The petitioners invested approximately Rs 1.55 crore in a holiday timeshare scheme offered by the company, called CIS Holiday Time Share Sc...

The scrip has plunged around 40 per cent to Rs 44.05 on July 16 from Rs 73.20 on July 2.

The properties include office spaces in Mumbai suburban area, a resort in Udaipur and a hotel in Thane, the Securities and Exchange Board o...

The regulator had auctioned at least 77 properties between December and June with a combined reserve price of more than Rs 4,500 crore.

The company had failed to comply with Sebi's direction in February 2016.

This is in addition to 22 properties that were auctioned between December and February with combined reserve price of Rs 552 crore.

Sebi had put restrictions on the firm and asked it to shut down its business, saying it cannot accept new deposits and must return investor...