NCLAT dismisses Renaissance Indus Infra promoter’s plea against insolvencyThe debenture trustee document along with inter-creditor agreement provides that it is only the debenture trustee—Vistra ITCL (India)— whic...
26 May, 2023, 11.58 AM IST
Sebi directs Vistaar Capital Advisors, trustee, others to wind up Film Fund within 6 monthsFurther, Sebi has prohibited directors of VCAL -- Sheetal Talwar, Santosh Datta and Kavil Venkatachalam Gourishankar -- from associating wi...
24 Apr, 2023, 08.50 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
NCLAT rejects Satra Properties plea, sends company into insolvencyPraful Nanji Satra, promoter of the listed company, had challenged a plea filed by VISTRA ITCL India with regards to the company's default ...
09 Aug, 2022, 11.56 PM IST
EPFO invested Rs 2,500 crore in Reliance Capital's bonds; asked Centre to initiate insolvency process, says FinMinMinistry of Labour and Employment has informed that as the maturity date of these investment has not become due till date, there is no defa...
14 Dec, 2021, 08.40 PM IST
HC refuses to stay RCFL bondholders' vote on bidderA division bench of the Bombay High Court on Monday refused to stay a voting planned this week for the bondholders of Reliance Commercial F...
07 Dec, 2021, 06.34 AM IST
RBI supersedes RCap board, starts insolvency proceedingsThe action by the central bank was taken "in view of the defaults by RCL in meeting the various payment obligations to its creditors and se...
29 Nov, 2021, 04.45 PM IST
RattanIndia Power pares Rs 1,219 crore debt in last 15 months"During the last 15 months, RPL has repaid the debt of Rs. 1,219 crore to lenders, including Rs 200 crores as prepayment, even in the face ...
14 Jun, 2021, 11.11 AM IST
Promoter group Khaitan family's stake in Eveready falls below 5%The shareholding of the promoter group in the Kolkata-based firm has been falling with banks and financial institutions continuing to invok...
12 Oct, 2020, 11.16 PM IST
Mortgage lenders of Amtek subsidiary approaches NCLT to protect their rightsThe appeal deals with a part of Amtek Auto’s factory land mortgaged with private lenders KKR India and L&T Finance.
25 Aug, 2020, 03.09 PM IST
Aditya Puri sells shares worth Rs 843 crore in HDFC BankShares of HDFC Bank rallied 46% since its yearly low of Rs 765 touched on March 24.
27 Jul, 2020, 09.31 AM IST
NSE-BSE bulk deals: L&T Finance laps up Ballarpur IndustriesHere’s who bought and sold what in some of the key bulk and block deals of the day.
15 Jul, 2020, 08.12 PM IST
Reliance Capital debenture holders’ trustee moves HC to protect investmentsThose shares are currently in the demat account of IDBI Trusteeship.
02 Mar, 2020, 07.51 AM IST
Aditya Puri family nets Rs 200 crore selling HDB stakeHDB Fin Services which is considering an IPO is valued at Rs 90,000 crore in the unlisted market.
24 Dec, 2019, 12.18 PM IST
NCLAT sets aside insolvency proceeding against Ambience, asks NCLT to decide afreshA three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya has remitted the matter back to the National Company Law Tribunal...
28 Oct, 2019, 05.12 PM IST
KKR India buys 10% in CG PowerAccording to the shareholding data for the June quarter 2019, Vistra ITCL is a public shareholder and held 21.63% stake in the company.
17 Sep, 2019, 07.26 AM IST
Sebi fines Vistra ITCL Rs 5 lakh for violating debenture trustees normsIn April 2016, Hongkong-based Vistra Group had acquired IL&FS Trust Company Ltd (ITCL), a subsidiary of IL&FS Group.
26 Oct, 2018, 08.40 PM IST