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PIRAMAL CAPITAL INSOLVENCY
ATS Nobility Estates exits insolvencyThe National Company Law Tribunal has permitted the withdrawal of insolvency proceedings against ATS Group's Nobility Estates. This decisio...
NCLT admits Piramal Capital’s insolvency plea in Rs 1,065-cr default by developerPiramal Capital & Housing Finance's plea for corporate insolvency resolution process against Edweena Real Estate has been admitted by the b...
Stocks in news: Zee Learn, Ugro Capital, Piramal Ent, Power GridZee Learn said an insolvency petition has been filed by Axis Bank to initiate the corporate insolvency resolution process (CIRP) of the com...
NCLT dismisses insolvency plea against Township DevelopersThe financial creditor had filed the insolvency petition against the developer as guarantor for default in mortgage loans totalling over ₹5...
Piramal partner Cosmea exits race to acquire R-CapitalEffectively, it would be difficult for Piramal Enterprises now to participate in the auction process scheduled Wednesday. This is mainly be...
Reliance Capital lenders raise bid floor priceThe threshold price is the minimum price that a resolution applicant must offer to participate in the first round of the challenge auction ...
Lenders not in favour of all bids offered for Reliance CapitalFor the financial services business, the Reserve Bank of India (RBI) has special powers under section 227 of the IBC to refer companies to ...
Piramal Capital and Housing Finance withdraws insolvency proceedings against Reliance PowerThis follows an out-of-court settlement between both the companies over a Rs 526 crore loan default by Reliance Power and its subsidiary Re...
Piramal, Zurich Insurance mull joint bid for Reliance General InsuranceZurich confirmed that it has made a separate offer to acquire a stake in Reliance General Insurance Company as part of the resolution proce...
NCLAT orders fresh hearing in Radius Estate insolvency row, sets aside earlier orderIn March, the NCLT Mumbai bench had allowed an application filed by Piramal Capital & Housing Finance Ltd (PCHFL) that had opposed the with...
Piramal Enterprises not eligible to buy Reliance Nippon Life due to Irdai restrictionPiramal Enterprises is one of the 54 prospective resolution applicants (PRAs) for Reliance Capital and its subsidiaries.
Piramal cap plea against Radius insolvency withdrawal allowedThe Mumbai bench of the National Company Law Tribunal (NCLT), led by Justice Suchitra Kanuparthi and technical member Anuradha Bhatia, in a...
DHFL: NCLAT sets aside NCLT order that directed to consider Wadhwan's second offerThe appellate tribunal observed that NCLT has passed directions to consider the second proposal from Wadhwan, despite the fact that the Com...
Piramal Group plans to move Supreme Court challenging NCLAT order on DHFLThe National Company Law Appellate Tribunal (NCLAT) on Thursday, while delivering a judgement on 63 Moons Technologies petition had directe...
Piramal Capital & Housing opposes Radius Estate Projects’ insolvency withdrawalOn Thursday, opposing the insolvency resolution plea filed by the company’s resolution professional (RP) at the Mumbai bench of the Nationa...
'Zero' worth DHFL shares up 30% in a week! Investors shrug off warningsDHFL shares rose 10 per cent to get locked at Rs 22.85, the upper circuit limit on Tuesday. The stock has gained over 50 per cent in less t...
DHFL stock hits upper circuit on filing application with NCLT for submission of resolution planOn Thursday, the company said, it has received no objection from the Reserve Bank and has filed application with NCLT for submission of the...
DHFL resolution: Company receives no objection from RBI, files application with NCLTIn November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NC...
DHFL resolution: Lenders approve Piramal's bidThe "resolution plan submitted by Piramal Capital and Housing Finance Limited was duly approved by CoC by majority voting under section 30(...
DHFL auction: Sebi wants to know how Oaktree made credit rating claims of future debt instrumentThe US-based Oaktree Capital in its bid claimed that post resolution, DHFL's NCDs would be assigned an AAA rating if their resolution plan ...