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IndusInd Bank holding co to raise $1.5 bn to fund RCap buy, increase stake in lender to 26 pcIIHL had made the highest cash offer of Rs 9,661 crore in the auctions and secured as much as 99 per cent of the lenders' votes. The bid al...03 Jul, 2023, 08.27 PM IST- NCLAT dismisses Jindal Stainless plea over Mittal Corp, asks to approach NCLTA two-member NCLAT bench observed the lenders of Mittal Corp were "empowered to issue fresh RFRP" when none of the resolution plans had bee...30 Mar, 2023, 08.02 PM IST
- NCLT admits tea producer McLeod Russel for bankruptcy proceedingsThe bankruptcy proceedings were initiated by construction company Techno Electric and Engineering Company in 2019 over a default on interes...07 Aug, 2021, 09.45 AM IST
- NCLT directs DGCA to file its affidavit on granting slots to Jet AirwaysSenior Counsel, Shyam Mehta, appearing for the DGCA and Ministry informed the Mumbai bench of NCLT that there is no immediate slot availabl...03 Mar, 2021, 03.50 PM IST
- Six degrees of separation: From starry-eyed start to messy finish, the anatomy of Tata-Mistry divorceHere’s a summarised timeline of how the Tata-Mistry relationship came to this pass, from a starry-eyed start to a disgruntled finish.25 Sep, 2020, 06.46 PM IST
- Ministry names 4 domestic auditors to restate IL&FS booksThe move comes even as the ministry awaits the NCLT view on banning Deloitte, Haskins & Sells and BSR Associates, which were the statutory ...08 Aug, 2019, 07.32 PM IST
- Resolutions of both Binani and Essar were within rules: IBBIThe Ahmedabad bench of NCLT has approved the ArcelorMittal's Rs 42,000 cr resolution plan, rejecting the Ruias settlement offer.10 Mar, 2019, 02.18 PM IST
- Crony capitalism in India has come to an end with the new bankruptcy code: NITI Ayog CEOWith cases like Nirav Modi happening, the government is held accountable and it appears as a regulatory failure. The regulatory bodies are ...17 May, 2018, 01.24 PM IST
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