NCLT affirms HDIL rights over Hyderabad propertyThe NCLT protected HDIL's rights over a 73-acre property in Hyderabad amid insolvency proceedings initiated in 2019. The tribunal found tha...
20 Aug, 2024, 11.43 PM IST
Bankruptcy court okays SKS Power Generation’s Acquisition by Sarda Energy & MineralsThe division bench of judicial member Kishore Vemulapalli and technical member Anu Jagmohan Singh approved Sarda Energy & Minerals’ resolut...
13 Aug, 2024, 11.26 PM IST
NCLT admits personal insolvency plea against Rajkumar Dhoot of VideoconThe NCLT in Mumbai has admitted SBI's application against Rajkumar Dhoot of Videocon Group for a Rs 5,353-crore default by Videocon Industr...
05 Jun, 2024, 06.57 PM IST
NCLT sets aside Syska LED Light insolvency process as company, lender settles matterSyska LED Lights is part of the Pune-based SSK Group, an exclusive distributor of Samsung mobiles, accessories and tables for five states i...
15 May, 2024, 06.32 PM IST
Blade maker Supermax goes into bankruptcyThe operational creditor had approached the tribunal in September last year after Supermax Personal Care defaulted on its dues of ₹1.97 cro...
13 Jan, 2024, 12.31 AM IST
Ashish Pyasi of Dhir & Dhir Associates launches dispute resolution firm Aendri LegalAn alumnus of Government Law College, Mumbai (2008), and a member of the Indian Institute of Company Secretaries of India (ICSI), Pyasi sta...
24 Oct, 2023, 11.12 PM IST
Future Retail fails to get any revival plan, lenders to meet soonThe last date for the submission of resolution plans for the company was February 20, but the resolution professional did not receive any p...
28 Feb, 2023, 11.55 PM IST
Yes Bank's claim against Vijay Group Realty rejectedThe bank had moved the dedicated bankruptcy court against the company's insolvency resolution professional's decision to reject the claim a...
21 Dec, 2022, 12.34 AM IST
IndusInd Bank drags Zee Entertainment to NCLT over Rs 89 crore defaultOn Friday, the company informed the stock exchange in a late evening stock exchange filing that the private sector lender has approached th...
05 Feb, 2022, 11.19 AM IST
Bombay HC directs laboratories to send RT-PCR reports to patients within 24 hoursThe court was informed by intervenor Mukesh Chandak, a doctor, that several times the ICMR server was slow and this added to the trouble of...
16 Apr, 2021, 09.11 PM IST
New MSME framework may pose infrastructure problemsThe framework applies on MSMEs with up to Rs 250 crore yearly turnover and Rs 50 crore investment in plant and machinery.
10 Jul, 2020, 10.15 AM IST
NCLT approves Ebix’s revival plan for Trimax IT InfrastructureEbix Software India (ESIPL) will pay upfront Rs 75 crore to acquire the company. The company owed over Rs 1,918 crore to its lenders, inclu...
06 May, 2020, 09.38 PM IST
Mumbai High Court asks Finance Ministry to enhance DRT infrastructureThe order comes after a plea by IARC, Kotak Mahindra Bank to expedite pending cases at tribunal. The Court found that money from financial ...
13 Feb, 2020, 10.41 AM IST
DHFL administrators get Rs 1.2 lakh crore claimsWhen the tribunal admitted the RBI’s plea, DHFL owed over Rs 83,800 crore to banks, the National Housing Board (NHB) , mutual funds and bon...
20 Dec, 2019, 08.52 AM IST
Sebi order clears way for proposed Brookfield Deal: Leela promotersSebi on Tuesday asked Hotel Leelaventure to put to vote afresh the asset sale transaction before the shareholders.
26 Jul, 2019, 07.29 AM IST
NCLT gives Hotel Leelaventure two months to comply with new Sebi directivesMarkets regulator Sebi had on Tuesday directed Leelaventure to make additional disclosures to its shareholders on its proposed sale to Broo...
25 Jul, 2019, 10.46 PM IST
NCLT seeks views on Sterling Biotech promoters’ offerThe tribunal has given two weeks time to the government and various investigation agencies to file their response.
15 Mar, 2019, 07.37 AM IST