Vedanta dividend alert: Last date to buy shares to be eligible for Rs 11 interim dividendVedanta has announced an interim dividend of Rs 11 per share, with March 28 set as the record date. Due to a market holiday and settlement ...
25 Mar, 2026, 08.49 AM IST
IL&FS moves NCLAT to update CoC vote sharesIL&FS is adjusting creditor voting rights in committees. This change reflects current outstanding debt after nearly ₹18,000 crore in interi...
18 Nov, 2025, 05.44 AM IST
Hindusthan National Glass lenders to recover more as INSCO to match AGI Greenpac bidThe Supreme Court's decision in the Hindusthan National Glass insolvency case has increased the payout for creditors. Independent Sugar Cor...
02 Jun, 2025, 12.28 AM IST
IL&FS Group initiates Rs 5,000 cr payouts in InvIT units and cash under interim distributionIL&FS Group has started an interim distribution of Rs 5,000 crore, including Rs 3,500 crore in InvIT units and Rs 1,500 crore in cash for d...
17 Feb, 2025, 11.47 AM IST
NCLAT upholds Adani Goodhomes bid with 93% haircut for Radius EstateThe Insolvency Appellate Tribunal NCLAT upheld its Adani Goodhomes' resolution plan for Radius Estate. NCLAT rejected petitions from two di...
28 May, 2024, 05.12 PM IST
NCLT approves Chemhub's resolution plan for Pancard ClubsChemhub Tradelink's plan for Pancard Clubs, approved by NCLT, involves Rs 8,900 crore debt claims with 8% recovery for creditors. The resol...
26 Apr, 2024, 09.15 AM IST
FTX files plan to end bankruptcy, pay crypto creditors billionsThe company filed for bankruptcy last year after Sam Bankman-Fried agreed to turn over control of his empire to restructuring professionals.
18 Dec, 2023, 12.38 PM IST
Resolved debt of Rs 35,650 cr, IL&FS saysIL&FS Group, which went bankrupt five years ago, has resolved Rs 35,650 crore of its debt through asset monetization and settlements with b...
03 Oct, 2023, 12.58 PM IST
IL&FS Financial Services approves interim distribution payout of Rs 807 croreIFIN had in February made an interim distribution payout of ₹3,200 crore to creditors. With the latest distribution, total interim payouts ...
26 Sep, 2023, 11.34 PM IST
IL&FS Group makes interim distribution payout of Rs 29,000 crore to secured creditorsThe IL&FS Group has paid back Rs 29,000 crore to secured creditors, with an interim pay-out of Rs 920 crore for subsidiary Chenani Nashri T...
02 Apr, 2023, 04.50 PM IST
IL&FS to distribute Rs 3,200 crore to IFIN creditorsAs part of the interim distribution, IL&FS Group will be paying a total of Rs 3,200 crore to IFIN eligible creditors, that is being distrib...
06 Feb, 2023, 01.02 PM IST
How India's bid to reform Bankruptcy Law affects payouts to creditorsTo speed up proceedings and counter a mounting caseload, the Ministry of Corporate Affairs last week published published dozens of proposed...
23 Jan, 2023, 08.35 PM IST
DHFL lenders to vote on a proposal to give higher payout to small investorsBetween what was approved by the committee of creditors earlier and the proposed distribution mechanism, lenders will have to shell out Rs ...
21 Jun, 2021, 11.26 AM IST
Videocon insolvency: Creditors to take 96% haircut on dues; NCLT requests increase in pay-out"Out of total claim amount of Rs 71,433.75 crore, claims admitted are for Rs 64,838.63 crore and the plan is approved for an amount of only...
16 Jun, 2021, 07.33 AM IST
Ruchi Soya: Resolution may be delayed as NCLT wants to study impact of revised NLCAT order on Essar SteelThe tribunal observed that the NCLAT order has changed the entire outcome for all stakeholders and is like a formula with clear-cut directi...
09 Jul, 2019, 07.28 PM IST
Haircuts for operational creditors are at par with financial creditors: IcraOf the 1,858 corporate debtors referred to the NCLT upto March 31, 920 or 49 per cent cases have been referred by the operational creditors.
19 Jun, 2019, 10.25 PM IST
- Lehman creditors to be offered payout plan: Report
Lehman Brother's creditors in London will be approached by the bankrupt financial firm's administrator to join a payout plan, which seeks t...
05 Oct, 2009, 11.31 PM IST