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SRA ASSET TRANSFERS
Yes Bank’s Rs 4,733 cr loan to DHFL diverted to ‘coterie of builders’: CBI charge sheetThe CBI has alleged that Yes Bank co-founder Rana Kapoor sanctioned loans worth ₹4,733 crore to DHFL in exchange for ₹600 crore in kickback...
SC reserves verdict on plea against NCLAT order transferring Jet Airways to winning bidderThe Supreme Court reserved its decision on an appeal by SBI and other creditors against NCLAT's approval to transfer Jet Airways ownership ...
Creditors delayed resolution process for Jet Airways, winning bidder tells SCJalan Kalrock Consortium, granted ownership of Jet Airways, claims creditors have delayed the resolution process. The consortium faces Supr...
NCLT dismisses plea to conclude HDIL Mumbai project’s transferHDIL had executed an agreement to transfer the project, HDIL Majestic Tower, in Mumbai’s Nahur suburb before the initiation of Corporate In...
Adani, Piramal, others revise offers for troubled non-banking finance company DHFLAdani Group, Piramal Enterprises, US-based Oaktree and Hong Kong-based SC Lowy have submitted 10-70 per cent higher price for either a stak...
DHFL to seek revised offers, may get new owners by NovemberThe company has begun to regain normalcy. It has collected about ₹1,100 crore in September through repayments and balance transfers, a leve...
ED attaches over Rs 2,200 crore assets of Rana Kapoor, others in Yes Bank PMLA caseThe ED has accused Rana Kapoor, his family members and others of laundering proceeds of crime worth Rs 4,300 crore by receiving alleged kic...
Praful Patel questioned by ED; leaves after 12 hoursPraful Patel was questioned by the Enforcement Directorate (ED) for nearly 12 hours in connection with a money laundering probe linked to a...
EOW arrests HDIL Directors Sarang Wadhawan, Rakesh Wadhawan in connection with PMC Bank caseThe Mumbai Police on Monday filed a case against the former bank management and promoters of HDIL in the Punjab and Maharashtra Cooperative...