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SREI INFRA BANKRUPTCY
NARCL emerges winning bidder for Rs 17,000 cr debtThe National Asset Reconstruction Company of India (NARCL) has been the winning bidder for six distressed accounts with outstanding debt of...- NCLT extends IRP for Srei Infra till January 5"National Company Law Tribunal, Kolkata bench has extended the time of completion of Corporate Insolvency Resolution Process till 5th Janua...
- Arena Investors and Varde Partners are preparing to submit a plan for SreiAt a meeting of the committee of creditors held on Wednesday, most lenders voted to extend the deadline for receiving resolution plans to A...
- Future, Srei Cos among 17 accounts in NARCL's buy listThe largest account on the list is Srei Equipment Finance with an outstanding loan of Rs 22,485 crore. The list also includes Srei Infrastr...
- RBI action against Reliance Capital: Better late than neverAs a practical matter, a company can't be referred to the National Company Law Tribunal (NCLT) within weeks and months of a first default. ...
- Top gainers & losers of the day: Jewellery stocks shine; Sobha zooms 17%Multiple stocks hit upper circuit limits during the session, surging 20 per cent each. Realty stock Sobha and select jewellery stocks were ...
- Top gainers & losers of the day: Chemical stocks shine, ONGC zooms 11%Chemical and fertilisers stocks stole the spotlight during the session, followed by power players. ONGC zoomed 11 per cent thanks to the ga...
- Lenders approach RBI after ₹30,000 crore Srei loans turn NPAIn response to a query from ET, a Srei Group spokesperson said the economic downturn and loan moratoriums provided by the regulator had aff...
- NCLT rejects Srei plea for ‘creditor’ status in Deccan Chronicle caseThe Kolkata-based infrastructure finance firm had earlier moved the tribunal against the decision of the interim resolution professional te...
- Stocks in the news: IndusInd Bank, Vodafone Idea, Majesco, LVB, Relaxo, Mphasis and Prestige EstatesInsurance technology firm Majesco has announced a share buyback plan of up to Rs 631.26 crore.
- NCLT Sterling order may cheer lendersTribunal directing ED to release firm’s assets attached under PMLA may help creditors take legal route.
- IL&FS crisis may sound death knell for PPPIL&FS case can become the final nail in the coffin for PPP Infra sector that has been struggling since 2013
- SREI Equipment Fin IPO will be in FY19: Hemant Kanoria, SREI Infra“We were targeting last quarter for IPO but have gone slow as the markets have been a little choppy”
- Srei Infra’s Rs 215-cr offer for Adhunik Alloy disqualifiedSrei Infrastructure had bid with three other applicants for Adhunik Alloy, one of the four companies of Adhunik group facing bankruptcy pro...
- Essar lenders to move court against Odisha slurry pipeline sale by SreiOdisha Slurry Pipeline ownership has changed hands twice in the past few years.
- Assam Company to face bankruptcy proceedingsThe overdue amount on the unpaid loan has reached Rs 596 crore.
- NCLT orders insolvency resolution process against Assam Company IndiaAssam Company, promoted by Aditya Jajodia, had agreed to repay the debt with interest and penalty as a guarantor in the event of default by...
- Srei Infra rises on filing bankruptcy petitionsThe company held 11 per cent of Viom directly while the remaining 7 per cent was held through the four entities.
- 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.
- Srei Infrastructure files bankruptcy pleas against companies that held Viom sharesThe Srei group was represented by local boutique law firm MKB & Associates, as per a listing on the website of the tribunal. The law firm d...
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