The Mumbai bench of the National Company Law Tribunal (NCLT) admitted the plea filed by Vikash Parasprampuria of Chiranjilal Yarn Traders a...

The Mumbai bench of the National Company Law Tribunal (NCLT) dismissed a plea filed by the Resolution Professional (RP) of RTIL to declare ...

The principal bench of the National Company Law Tribunal (NCLT) in New Delhi ruled that the liquidator has overriding powers under the Inso...

The order will set a precedent since lenders and the tribunal have allowed the successful bidder to change the payment schedule after the a...

S Kumar Nationwide owes around Rs 7,970 crore to its financial creditors.

Feels move will help fetch better valuation than the tribunal-appointed liquidator

Reid & Taylor, owned by the Kasliwal family-run S Kumar Group, which is also facing bankruptcy proceedings, owes over Rs 4,100 crore to ban...

Reid & Taylor, owned by Kasliwals is facing bankruptcy proceedings after it defaulted on loans.

The company, which owned the premium brand Reid & Taylor in India, has total dues of about Rs 2,500 crore to financial creditors.

Nitin Kasliwal, promoter of S.Kumars Nationwide, has been declared a willful defaulter by most lenders and will thus not be eligible to par...