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VICEROY HOTELS INSOLVENCY
Zerodha founders Nithin, Nikhil Kamath pick up 6.72% stake in Viceroy HotelsZerodha founders Nithin and Nikhil Kamath have acquired a 6.72% stake in Viceroy Hotels through Kamath Associates and Nksquared. The invest...
Indian Hotels, ITC, EIH, others in race for Pune's Crowne PlazaIndian Hotels, ITC Hotels, and EIH are among many companies interested in buying Crowne Plaza in Pune. The hotel is being sold through a ba...
NCLT okays Leo Meridian Infrastructure Projects’ acquisition by Jalavihar Entertainment ConsortiumThe Hyderabad bench of NCLT approved JEPL's acquisition of Leo Meridian Infrastructure Projects & Hotels Ltd, which owns Leonia Resorts, fo...
Separate rules needed for each category of AIFs to fuel growth: Amit AgarwalWe have been in the performing credit space since 2012 and have the longest track record of successful exits. Our offshore fund is almost ₹...
NCLT rejects resolution plan for Cambay Hotels operator“The resolution plan approved by CoC (committee of creditors) has not been done with a process that can be approved by this adjudicating au...
Anirudh Agro gets NCLAT nod to acquire Viceroy Hotels, to infuse over Rs 150 croreAnirudh Agro Farms has been given the go-ahead by the National Company Law Appellate Tribunal (NCLAT) to acquire the Viceroy Hotel for appr...
DS Group plans Rs 1000 crore push in hospitalityThe DS Group, a multi-business and FMCG corporation, plans to invest Rs 500 crore in adding three new hotels to its portfolio over the next...
Hyderbad NCLT rejects Viceroy Hotels plan, directs RP to restart sale processIn an order dated June 9. the division bench of the National Company Law Tribunal (NCLT) directed the resolution professional Viceroy Hotel...
Nod to DS Group offer for Viceroy Bangalore HotelsThe hospitality company owns the Marriott-managed five-star Renaissance Bengaluru Race Course Hotel, and has around ₹1,100 crore of unpaid ...
Dharampal Satyapal Group wins bid for Viceroy Bangalore HotelsDharampal Satyapal Group has won the bid for Viceroy Bangalore Hotels, which owns the Marriott-managed five-star Renaissance Bengaluru Race...
Dharampal Satyapal Group, Salarpuria Group submit resolution plans for Viceroy Bangalore HotelsThe National Company Law Tribunal, Hyderabad Bench ordered the commencement of a corporate insolvency resolution process of the Viceroy Ban...
Bankrupt hotel assets big draw with investorsSome such prominent properties under the hammer, such as the Westin Kolkata Rajarhat, have drawn interest from several bidders.
NCLT admits insolvency plea against Genesis ResortsThe division bench of judicial member Bhaskara Pantula Mohan and technical member Rajesh Sharma restrained the company and its promoters fr...