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SREI GROUP PROMOTERS
Shri Ram Multicom to acquire Sarga Hotels under IBCThe Kolkata bench of the National Company Law Tribunal approved a Rs 301 crore resolution plan against Rs 816 crore admitted claims from cr...- Erstwhile Srei management moves NCLT for consideration of its settlement offerAdisri in its petition to NCLT requested the tribunal to direct administrator to consider its settlement application under the Section 12A ...
- ED conducts searches at Srei premises at multiple locations in KolkataThe raids by about 50-60 ED officer are involved in the raids, which began at around 8.30 am with a large number of central forces on guard...
- SC dismisses plea seeking stay on insolvency process against 2 Srei CosA Bench led by Chief Justice DY Chandrachud's upheld the order of the National Company Law Appellate Tribunal (NCLAT) rejecting Srei Infras...
- Srei companies, RCap may get more resolution offersSrei Infrastructure Finance and Srei Equipment Finance (SEFL) generated a lot of interest among potential bidders after the administrator r...
- RBI nudges twin Srei lenders banks to classify account as fraudIf the account is classified as fraud, it will prevent Kanoria from regaining control over the companies. Under 12A of the Insolvency and B...
- Delhi HC stays Punjab & Sind Bank from taking further action on SreiIn a relief to Srei Group and its founder Hemant Kanoria, the Delhi High Court has ordered Punjab & Sind Bank to restrain itself from takin...
- Trinity Alternative Investments says no illicit transactions with Srei Group entitiesLast week, reports said the RBI-appointed administrator Rajneesh Sharma has moved the Kolkata bench of the National Company Law Tribunal (N...
- A merger of Srei companies' debt could boost recoveryLenders to the bankrupt Srei Group are hoping that consolidation of the two debt-laden companies - Srei Infrastructure Finance and Srei Equ...
- Lenders begin voting on group insolvency of 2 Srei companiesLenders of Srei Infrastructure Finance and Srei Equipment are currently voting on a proposal by administrator Rajneesh Sharma to undertake ...
- NCLT Kolkata bench admits RBI's petition against Srei group of companiesThe National Company Law Tribunal (NCLT) admitted the bankruptcy pleas against Srei Infrastructure Finance (SIFL) and its wholly owned subs...
- RBI moves NCLT against SREI Equipment Finance and SREI InfraCentral bank inspection of the books of Srei Infrastructure Finance (SIFL) and its wholly owned unit Srei Equipment Finance (SEFL) revealed...
- Bombay HC dismisses Srei Group petition against RBI bankruptcy moveA division bench of Justices Ujjal Bhuyan and Madhav Jamdar, after hearing both sides dismissed the petition in an oral order and observed ...
- Srei promoter challenges RBI action against group firms in Bombay High CourtThe banking regulator had on Monday superseded the boards of directors of Kolkata-based Srei Infrastructure Finance and Srei Equipment Fina...
- Srei Group Promoters move Bombay HC against RBI insolvency actionSrei group promoters are seeking stay on any insolvency proceedings at group companies Srei Infrastructure Finance Ltd and Srei Equipment F...
- Srei Infra’s Rs 215-cr offer for Adhunik Alloy disqualifiedSrei Infrastructure had bid with three other applicants for Adhunik Alloy, one of the four companies of Adhunik group facing bankruptcy pro...
- Banking on rural presence, Srei looks to set up bankSrei has around 28,000 rural centres in different parts of the country and some of them could be converted into bank branches if it gets a ...
- Srei to liquidate Rs 430 crore Kingfisher debt post Diageo dealSrei Venture Capital last year acquired loans worth Rs 430 crore given by ICICI Bank to the UB group's battered airline venture.
- Quippo bids Rs 3,000 crore for Banglalink's tower businessSREI group-promoted Quippo has made a nearly Rs 3,000-crore bid for the tower business of Bangladesh's second-largest mobile operator, Bang...
- BNP Paribas picks 50% in SREI Infra armFrench bank BNP Paribas has bought a 50% stake in the equipment finance arm of SREI Infrastructure Finance for Rs 775 crore. This is the la...
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