In a one line ruling, the two judge bench of L Nageswara Rao and BR Gavai stayed the Chennai NCLAT judgment dated January 28, 2022 until fu...

Both the appellants contended that they had demitted the office of Videocon Telecommunications from March 31, 2017 and later, had no contro...

The order was in response to a petition filed by the ministry of corporate affairs against the bankrupt group.

In December 2017, the company was admitted under the Corporate Insolvency Resolution Process in a petition filed by the State Bank of India...

The ownership restructuring would not affect either the management or functioning of the various listed and unlisted companies in the TVS G...

The National Company Law Appellate Tribunal (NCLAT) upheld an order passed by Delhi-NCLT over appointment of a former State Bank of India (...

Moser Baer Solar is a subsidiary of optical storage media maker Moser Baer India Ltd (MBIL), which is also facing liquidation.

Total expenses stood at Rs 1,723.27 crore as against Rs 1,540.08 crore, up 11.89 per cent.

According to the company, it expects demerger of branded apparel business and engineering business to become effective from the second half...

Both potential buyers have also offered to invest an additional Rs 7,000 crore in the operations of the company.

Last year, the government, through the Reserve Bank of India, pushed banks to adapt the Insolvency and Bankruptcy Code to recover loans whi...

According to reports, letters have been issued to all officers in charge of credit that they must immediately invoke the personal and corpo...

Amtex Auto was also admitted to bankruptcy court following the RBI’s directions.

The development, experts say, marks a crucial juncture in the winding-down narrative of the ‘controversial’ homestay and hotel aggregator.

Amtek Auto chairman Arvind Dham has indicated that the group will bid alongside other Amtek investors.

Lenders approached NCLT in Chandigarh early this week and suggested consulting firm EY.

Dattar submitted that the Act is such that all civil servants would be eligible to be in the Tribunal and the judiciary will be taken out w...