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SBI BANKRUPTCY PLEA
PC Jeweller faces insolvency plea from SBI; NCLT adjourns hearing till Aug 21Public sector lender State Bank of India (SBI) has taken PC Jeweller to the National Company Law Tribunal (NCLT) with a plea to initiate in...02 Aug, 2023, 10.34 PM IST- Sterling Oil admitted for bankruptcySBI had moved the bankruptcy court after the company defaulted on its dues of nearly ₹1,655 crore. The Mumbai bench of the National Company...18 May, 2023, 12.53 AM IST
- SBI to sell its Rs 700-cr Visa Steel loan accountSBI's offer to sell this account comes even as the Orissa High Court, for the second time, stayed initiation of the insolvency process agai...12 Jan, 2023, 06.48 AM IST
- NCLT allows SBI petition seeking insolvency proceedings against Bil EnergyThe Mumbai bench of the National Company Law Tribunal (NCLT) allowed the State Bank of India’s petition to initiate the insolvency proceedi...14 Dec, 2022, 07.51 AM IST
- NCLT admits SBI's plea seeking insolvency proceedings against steelmaker Reform FerroThe company had originally defaulted on its loans in April 2014 and later the lender approached the Debt Recovery Tribunal (DRT) against th...28 Nov, 2022, 11.58 PM IST
- SBI seeks insolvency proceedings against Global Offshore ServicesMumbai-based Global Offshore Services is an offshore oil and gas support service. SBI contends that Global Offshore owes about Rs 600 crore...02 Apr, 2022, 12.50 AM IST
- HC seeks Centre, SBI stand on Atul Punj plea against IRP regulations on personal guarantorsThe court also issued notice in a similar petition moved by Punj in which L and T Infrastructure Finance is a party instead of SBI. In the ...09 Sep, 2020, 02.28 PM IST
- SBI moves SC to vacate stay on recovering dues from Anil Ambani by invoking personal guaranteeA division bench of the high court led by justice Vipin Sanghi had on August 27 stayed a Mumbai bankruptcy tribunal order appointing IRP. S...05 Sep, 2020, 06.30 AM IST
- Anil Ambani moves Delhi HC to challenge the appointment of IRP by NCLTAmbani in his petition is also challenging the Mumbai bankruptcy tribunal order which allowed the appointment of an interim resolution prof...26 Aug, 2020, 09.42 PM IST
- NCLT decides to appoint IRP in a Rs 1,200-crore case filed by SBI against Anil AmbaniState Bank of India (SBI) had moved the National Company Law Tribunal (NCLT) in Mumbai to recover over Rs 1,200 crore from Anil Ambani unde...21 Aug, 2020, 09.44 AM IST
- NCLT reserves order against Anil Ambani in a plea filed by SBIThe public sector lender had approached the Mumbai-bench of the National Company Law Tribunal (NCLT) under Section 97(3) of the Insolvency ...30 Jun, 2020, 09.20 PM IST
- NCLT posts SBI, Anil Ambani case hearing to June 30Last week, SBI had moved the insolvency court to recover more than Rs 1,200 crore from Ambani under the personal guarantee clause of the ba...20 Jun, 2020, 07.41 AM IST
- Mumbai court to hear bankruptcy petitions against 15 Videocon companiesSBI had filed multiple pleas in different courts to initiate recovery proceedings against 14 other companies linked to the parent company.25 Oct, 2018, 07.49 AM IST
- NCLT admits Venugopal Dhoot’s plea to consolidate insolvency casesNational Company Law Tribunal’s (NCLT) principal bench in New Delhi on Thursday admitted Dhoot’s plea and sought a reply from SBI by Octobe...13 Oct, 2018, 07.57 AM IST
- ICICI Bank's insolvency plea may not be admitted by NCLT: Punj LloydAccording to the company, 90 per cent of its lenders are supporting a resolution plan under the leadership of the State Bank of India (SBI)...14 Jun, 2018, 08.49 PM IST
- Second round of bidding for Ruchi Soya on MondayRuchi Soya is part of 40 companies that the Reserve Bank of India has directed banks to refer to the bankruptcy court for effective resolut...10 Jun, 2018, 11.58 AM IST
- NCLT reserves order on Bhushan Steel bankruptcy petitionA bench headed by Justice MM Kumar also reserved order on the plea filed by Punjab National Bank (PNB) against Bhushan Steel & Power Ltd.19 Jul, 2017, 02.41 PM IST
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