NCLT admits Axis Finance’s plea against Primat Infrapower & MultiventuresThe Mumbai bankruptcy court has admitted Essel Group affiliate Primat Infrapower & Multiventures under the corporate insolvency resolution ...
17 Jul, 2024, 09.57 PM IST
Essel Group company Shirpur Gold admitted for insolvencyTo secure a ₹65-crore loan, SGRL had given an undertaking to Industrial Finance Corporation of India (IFCI) that it would maintain its own ...
26 Jun, 2024, 12.54 AM IST
NCLT admits insolvency plea against two Essel Group companies on Indiabulls Housing pleaThe Mumbai bench of the National Company Law Tribunal (NCLT), in applications filed by Indiabulls Housing Finance Ltd, also appointed Ravi ...
25 Apr, 2024, 10.51 PM IST
NCLT orders insolvency proceedings against Subhash Chandra on Indiabulls Housing Finance pleaIndiabulls Housing Finance Ltd (IHFL) had moved NCLT after Vivek Infracon had in 2022 defaulted a payment of around Rs 170 crore. Vivek Inf...
23 Apr, 2024, 09.40 AM IST
SC agrees to hear IDBI Trusteeship Services’ appeal, issues notice to Essel group entitiesThe Supreme Court has asked a response from Essel group firms, Cyquator Media Services Pvt Ltd and Direct Media Distribution Ventures, on t...
11 Dec, 2023, 08.45 PM IST
NCLAT dismisses IDBI Trusteeship plea for insolvency against Essel group entity Cyquator Media ServicesA two-member bench of the appellate tribunal observed that the default, claimed by IDBI Trusteeship, had happened during June 2020, which i...
14 Sep, 2023, 06.32 PM IST
Insolvency plea against Essel entity Cyquator dismissedIn its petition against Cyquator Media, IDBI Trusteeship had invoked the provisions of Section 7 Insolvency and Bankruptcy Code read with R...
27 Jun, 2023, 07.35 AM IST
Insolvency plea on Dish TV's promoter group company scrappedFormer Dish TV chairman and MD Jawahar Goel, along with his family, is a promoter of Dish TV. Goel is Essel Group chairman Subhash Chandra'...
18 May, 2023, 12.49 AM IST
How Zee Ent can salvage its deal with Sony, experts weigh inIn what is likely to complicate merger plans for the Essel Group, the bankruptcy court on Wednesday admitted Zee Entertainment & Siti Group...
23 Feb, 2023, 11.37 AM IST
NCLAT sets aside insolvency proceedings against Zee Learn, directs NCLT to decide afreshUnder Section 7 of the Insolvency and Bankruptcy Code (IBC), a financial creditor can get insolvency proceedings initiated against the corp...
17 Feb, 2023, 10.52 PM IST
Axis Finance asks resolution professional to intervene to stall Zee deal with SonyIn a communication to Saraogi, AFL, the non-banking financial arm of Axis Bank, said Chandra's Essel Mauritius has entered into a non-compe...
19 Dec, 2022, 12.41 AM IST
SITI Network's total default at Rs 913 crore in second quarter of FY23SITI Networks, previously known as SITI Cable Network, is a part of the Essel Group. "...the company is in discussions with its bankers for...
07 Oct, 2022, 08.41 PM IST
Yes Bank files plea for insolvency proceedings against Zee LearnZee Learn has received a notice from the Mumbai bench of the NCLT over Yes Bank's petition and is in the process of compiling information t...
25 Apr, 2022, 08.03 PM IST
HDFC moved NCLT against SITI Networks claiming default of Rs 296 cr"The company has received the notice of the said case on April 13, 2022," the Essel group firm said adding it "is compiling information to ...
15 Apr, 2022, 07.51 PM IST
Indiabulls Housing Finance moves NCLT against Subhash Chandra to recover loansIt has claimed that Chandra provided a guarantee for a loan to Gnex Projects that obtained a Rs 190 crore loan from Indiabulls Housing Fina...
10 Mar, 2022, 10.02 AM IST
SBI moves NCLT against Essel Infraprojects, bank has Rs 100 crore exposure in 2 SPVsThe SPVs are involved in separate legal proceedings with SBI. One of them, Coruscation Vidyut Vitaran (Ujjain), which was earlier known as ...
09 Feb, 2022, 08.07 AM IST
Essel Mining puts in highest bid of Rs 450 crore for Pro MineralsLenders led by Bank of Baroda voted for the Essel Mining plan that also involves some capital infusion, said two senior bankers aware of th...
25 Jan, 2019, 11.31 PM IST