Higher LNG prices likely from September; downstream players may face margin pressure costs: ReportIndia’s LNG demand remains resilient despite spot prices above $20/MMBtu, but rising gas costs could squeeze downstream margins, according ...
Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency planDissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve...
Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 croreHindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven cro...
Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
Bankers question role of RP in the Subhash Chandra case and how net worth was computedDissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how ...
Union Bank, LIC Housing Fin, Canara Bank challenge NCLT nod to Subhash Chandra resolution planCanara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National Company Law Tribunal approved the p...
Luxury litigation, poor pay the priceThe Supreme Court has issued a warning against what it terms 'luxury litigation', leading to the dismissal of a persistent case. With over ...
99.97% haircut? How the scissors worked in the Subhash Chandra caseNCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claim...
How and why Zee founder Subhash Chandra's Rs 22,006 crore debt was chopped to just Rs 6.5 croreThe NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders ...
HDFC Bank, LIC Housing Finance to contest Zee resolutionHDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payme...
NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on orderThe National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writi...
'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's Rs 6.5 crore payoutThe NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding dues of Rs 22,006 crore. This drast...
'Indian debt resolution justice," Vijay Mallya alleges denial of justice, raises debt resolution questionsIn December 2025, Mallya had questioned the Central government and public sector banks over what he described as inconsistent statements on...
Meghalaya Assembly passes resolution against uranium mining, processingMeghalaya's Assembly adopted a resolution opposing uranium mining and processing facilities. Chief Minister Conrad Sangma tabled the resolu...
Tamil Nadu Minister moves resolution to exempt TET for teachers appointed before August 2010Tamil Nadu's education minister proposed exempting teachers appointed before August 2010. This resolution aims to protect job security for ...
BJP passes 'Vande Mataram' resolution, condemns Congress move, says no compromise on National Song’s honourThe Bharatiya Janata Party passed a resolution defending Vande Mataram's national status. This action strongly condemned the Congress Worki...
Congress to stick to 1937 resolution on Vande MataramThe Congress Working Committee has chosen to embrace a 1937 resolution by singing two stanzas of Vande Mataram. This decision comes amidst ...