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PUNJ LLOYD BANKRUPTCY
NCLT extends Punj Lloyd's liquidation by 6 monthsThe insolvency tribunal NCLT has granted Punj Lloyd an extension for its liquidation process. The deadline is now March 12, 2026. This deci...- NCLT adjourns claim pleas against Punj LloydIn the case of the invocation of bank guarantee by Mitsubishi Heavy Industries Limited, the bench part heard the matter and listed it for J...
- Adani’s acquisition of Air Works delayedAdani group's proposed acquisition of maintenance, repair and overhaul (MRO) company Air Works has got delayed after a major shareholder in...
- RP seeks urgent NCLT hearing in Anil Ambani insolvency caseJitender Kothari, an RP appointed by NCLT to look into the claims of State Bank of India against Ambani, approached the tribunal on Wednesd...
- Punj Lloyd goes into liquidation as lenders reject bidOriginally, private sector lender ICICI Bank had approached the tribunal to admit the company under the Corporate Insolvency Resolution Pro...
- Creditors to scrap bankruptcy process of Siva IndustriesThe creditors, which include State Bank of India and Malaysia’s Maxis Communications Bhd, the former owner of telecom operator Aircel, have...
- Promoters willing to infuse funds into McNally Bharat: Srinivas Singh, managing directorMcNally Bharat is among a long list of construction companies to face the prospect of bankruptcy. However, finding buyers for such companie...
- HC seeks Centre, SBI stand on Atul Punj plea against IRP regulations on personal guarantorsThe court also issued notice in a similar petition moved by Punj in which L and T Infrastructure Finance is a party instead of SBI. In the ...
- SBI seeks to invoke Rs 3,000 crore personal guarantees of Atul PunjThe country’s largest lender has served notices on Punj, asking him to explain how he intends to make the payment and has sought a reply fr...
- Delhi HC restrains IOCL from invoking bank guarantee furnished by Punj Lloyd“…till the expiry of the period of one week from the lifting of the lockdown, imposed by the central government consequent to an n-Covid-20...
- Prudent ARC, US-based fund join the race for Punj LloydThe two new contenders are yet to clear legal scrutiny for conformity with the bidding guidelines, according to the people. Bankers are sai...
- Punj Lloyd founder seeks to reclaim company from bankruptcyPunj Lloyd initially attracted interest from as many as 13 prospective bidders, according to people in the know. These included an arm of t...
- Punj Lloyd wins Rs 54-crore arbitration in case vs ONGCArbitrators consented to Punj Lloyd’s plea, seeking compensation for expenses incurred in laying a pipeline at Hazira for ONGC. They also a...
- Deadline extended for Punj Lloyd bidsBidders were required to submit binding offers by August 14. 10 entities submitted expressions of interest.
- ICC tribunal allows Punj Lloyd to fight Sirte caseThe North African country was ravaged by civil war during the period, delaying construction.
- Punj Lloyd stock goes up 5% on insolvency settlementThe company recently reported widening of its net loss to Rs 215.64 crore for the quarter to June.
- ICICI Bank moves NCLT against Punj Lloyd to recover Rs 830-cr duesIn a notice to the stock exchanges, the company confirmed that ICICI Bank filed an application in the NCLT under the Insolvency and Bankrup...
- ICICI Bank's insolvency plea may not be admitted by NCLT: Punj LloydAccording to the company, 90 per cent of its lenders are supporting a resolution plan under the leadership of the State Bank of India (SBI)...
- Top stocks in focus on 11 October 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
- Bhushan Steel, Videocon, Lanco tank up to 10% on RBI's bankruptcy identificationThe top 25 accounts were identified by an RBI-constituted panel comprising independent board members.
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