NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
14 May, 2026, 02.12 PM IST
This smallcap real estate stock rallied 51% in 3 days. What’s behind the surge?Embassy Developments shares surged 51% in three days after the NCLAT overturned an earlier order admitting the company into insolvency proc...
07 May, 2026, 12.09 PM IST
SC restores SBI-led lenders' rights in Reliance InfratelThe Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. T...
29 Apr, 2026, 12.40 AM IST
Lavasa homebuyers file plea at NCLAT against resolutionHomebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...
24 Apr, 2026, 10.44 AM IST
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
20 Apr, 2026, 06.17 AM IST
NCLT orders insolvency proceedings against Venugopal Dhoot as personal guarantorInsolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...
13 Apr, 2026, 07.40 PM IST
Misuse of Insolvency and Bankruptcy Code by loan defaulters has tendency to badly impact economy: HCThe Bombay High Court has strongly condemned loan defaulters and guarantors for exploiting the Insolvency and Bankruptcy Code. This practic...
19 Mar, 2026, 05.39 PM IST
Kapil Wadhawan moves NCLAT to challenge insolvency proceedings against himErstwhile Dewan Housing Finance promoter Kapil Wadhawan challenged NCLT order for personal insolvency proceedings, moved NCLAT. NCLT's Mumb...
01 Jul, 2024, 10.09 PM IST
Axis Bank moves NCLT to seek insolvency proceedings against Zee LearnAxis Bank has filed a petition before the National Company Law Tribunal (NCLT) seeking insolvency proceedings against Zee Learn, the educat...
27 Dec, 2023, 12.12 PM IST
Zee Entertainment likely to repay IndusInd $10 million to wrap Sony dealZee Entertainment Enterprises Ltd. has agreed to repay dues owed to IndusInd Bank Ltd. as it seeks to resolve insolvency proceedings initia...
16 Mar, 2023, 01.50 PM IST
Future Retail case: NCLT to continue hearing Amazon's plea on June 14After hearing the arguments of Rajiv Nayar, counsel of the e-commerce giant, the NCLT Mumbai bench said it will continue the hearing of the...
11 Jun, 2022, 12.42 AM IST
Bankruptcy proceedings to begin against Radius promoter ChhabriaThe Mumbai bench of the National Company Law Tribunal (NCLT) passed the order on a petition filed by Beacon Trusteeship.
08 Jun, 2022, 11.32 AM IST
IL&FS Transportation appoints Shaivali Parekh as CFO"The meeting of the Board of Directors held today. The board has appointed Shaivali Parekh as Chief Financial Officer (CFO)...effective Dec...
13 Dec, 2018, 08.49 PM IST
Mumbai court to hear bankruptcy petitions against 15 Videocon companiesSBI had filed multiple pleas in different courts to initiate recovery proceedings against 14 other companies linked to the parent company.
25 Oct, 2018, 07.49 AM IST
NCLT admits S Kumars for insolvency proceedingsThe company, which owned the premium brand Reid & Taylor in India, has total dues of about Rs 2,500 crore to financial creditors.
16 Apr, 2018, 06.31 AM IST
As Mumbai bench of NCLT rules in favour of Monnet IspatMonnet owed about Rs 2.5 crore to a foreign supplier, and an arbitration tribunal had ruled that the proceedings could continue simultaneou...
16 Nov, 2017, 11.41 PM IST
Borrowers hit by Sarfaesi may hide behind IBC lawsBanks are allowed to auction residential or commercial properties of borrowers to recover loans.
28 Jun, 2017, 07.57 AM IST