Sarda Energy challenges NCLT order on SKS Power bidThe plea, filed in the National Company Law Appellate Tribunal (NCLAT) on Tuesday, has said that the court has erred in questioning the wis...
19 Oct, 2023, 06.05 AM IST
Torrent approaches the SC to expedite a hearing on its appeal in Reliance Capital's insolvency resolution caseVeteran lawyer Shardul Shroff has approached the Supreme Court on behalf of Torrent Investments in order to expedite the hearing on the com...
04 Oct, 2023, 09.34 PM IST
Reliance Capital insolvency: NCLT rejects Torrents's plea, to hear Hinduja's resolution plan approval on September 26The matter was listed for hearing on Tuesday before the insolvency tribunal, however, it has now been adjourned to September 26. The NCLT s...
13 Sep, 2023, 08.23 PM IST
NCLT reserves order on Torrent Investment's plea against lenders holding fresh round of biddingIn its appeal, Torrent Investment said the matter is pending with the Supreme Court and if the tribunal approves IIHL's Rs 9,650 crore reso...
30 Aug, 2023, 07.46 PM IST
SC refuses to restrain NCLT’s insolvency proceedings in Reliance Capital caseThe clarification comes in the wake of Torrent moving an intervention application before the tribunal asking it to keep IIH’s resolution pl...
26 Aug, 2023, 12.59 AM IST
Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer for Reliance Capital in second auctionThe Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious gove...
26 Apr, 2023, 08.01 PM IST
Second round of auction for Reliance Capital on Mar 20Sources with direct knowledge of the matter said the second round auction was aimed at getting the maximum value from the sale of assets.
06 Mar, 2023, 04.50 PM IST
NCLAT allows Reliance Capital lenders' plea for another round of biddingThe National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by Reliance Capital lenders seeking another round ...
02 Mar, 2023, 04.00 PM IST
RCap Resolution: NCLAT concludes hearing, reserves order over lenders pleaSenior advocate Mukul Rohatgi, representing Torrent Investments concluded his arguments and submitted that the Insolvency & Bankruptcy Code...
21 Feb, 2023, 02.50 PM IST
Free to negotiate for maximising asset value, RCap lenders tell NCLATLenders of Anil Ambani-promoted Reliance Capital had moved the NCLAT (National Company Law Appellate Tribunal) challenging an order of the ...
20 Feb, 2023, 09.37 PM IST
No deviation in inviting 'challenge mechanism', RCap lender to NCLATLenders of Reliance Capital on Friday submitted before the insolvency appellate tribunal NCLAT that there was no deviation from procedures ...
10 Feb, 2023, 06.42 PM IST
RCap resolution: NCLAT issues notices to Torrent Investments, others on lender's pleaThe appellate tribunal has directed to list the petition on February 9, 2023, saying the appeal would be heard and decided by it. Vistra IT...
07 Feb, 2023, 06.59 PM IST
NCLT directs lenders to maintain status quo on Reliance Capital matterThe NCLT Mumbai bench, led by Justice Shyam Babu Gautam and Justice Pradeep Narhari Deshmukh, has been hearing the applicants on a day-to-d...
20 Jan, 2023, 09.14 PM IST
Reliance Capital hearing scheduled on Monday: administrator informs the tribunalAt the heart of the dispute is a bid from the Hinduja Group entity given 24 hours after the auction deadline (December 21), trumping the of...
18 Jan, 2023, 10.05 PM IST
Lenders begin voting on the second round of auction for Reliance capital; NCLT will hear Torrent's plea on January 12The Hinduja Group also provided Rs 850 crore as deferred payment, including payments to release the pledged shares of Reliance General Insu...
10 Jan, 2023, 06.16 AM IST
Torrent Investments challenges lenders plan to hold a second auction for Reliance CapitalLast Friday, lenders proposed to hold a second round of auction with a minimum threshold price of Rs 9500 crore on a net present value basi...
09 Jan, 2023, 11.05 AM IST
NCLT restrains Reliance Capital administrator from presenting Hinduja's belated plan before CoCThe administrator says it is duty-bound to present all plans before CoC which is in the process of verifying if the plans are compliant. Ad...
04 Jan, 2023, 02.02 PM IST