Searched for
CREDITOR CLAIMS SETTLEMENT
'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's Rs 6.5 crore payoutThe NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding dues of Rs 22,006 crore. This drast...- Rs 22,006 crore claims, Rs 6.5 crore payout: NCLT clears Subhash Chandra planThe insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore c...
- China Evergrande fiasco: Court stops PwC International's attempt to distance itself from its local arm's doingsPricewaterhouseCoopers International's attempt to exit the multibillion-dollar Evergrande lawsuit has been dismissed by a Hong Kong court. ...
- SpiceJet insolvency case: NCLT allows lessor to withdraw plea, imposes fine on both Aviator ML & cash-strapped airlineThe National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...
- Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
- NCLAT rejects DoT's 469-crore claim appeal in Rolta insolvency; upholds resolution planThe NCLAT has officially dismissed the Department of Telecommunications' (DoT) appeal against Rolta India's resolution plan, stating it has...
- Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
- Byju’s-BCCI settlement remains stalled; NCLT pauses buyer searchByju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision ...
- Stable policy push for ISM 2.0; Wipro misses Q1 estimatesHappy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning ...
- Wipro’s muted quarter; UPI’s merchant fee revivalWipro posted flat first-quarter profit despite higher revenues. This and more in today's ETtech Top 5.
- Byju’s creditors clear Aakash settlement proposalThink & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju...
- NCLAT allows withdrawal of insolvency case against Oswal Overseas after settlement with creditorThe National Company Law Appellate Tribunal allowed Oswal Overseas' appeal withdrawal after a settlement. Oswal Overseas and LH Sugar Facto...
- This is how a company tricks you into thinking it's bigger than it is in realityRevenue is not always the amount written on the invoice. The final number can change because of rebates, returns, penalties, warranties, cu...
- Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
- NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...
- NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlementAakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...
- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
- Dalmia trying to scuttle Binani deal: Operational creditorsDalmia Bharat is one of the bidders for Binani Cement under a court-monitored process to settle its debt crisis.
Load More
