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SREI INSOLVENCY
NCLT admits Srei's insolvency plea against Supreme Infrastructure BOTThe National Company Law Tribunal (NCLT) has accepted Srei Infrastructure Finance's request to commence a corporate insolvency resolution p...- IMC constituted to supervise NARCL resolution plan for Srei group firmsAs per the approved resolution plan, it said, "an implementation and monitoring committee has been constituted (IMC), which is inter alia e...
- NCLT approves NARCL's resolution plan for two Srei group firmsThe NCLT has orally pronounced an order on August 11 approving the resolution plan submitted by NARCL with respect to the corporate insolve...
- Srei insolvency: NARCL wins bid for stressed twin NBFCsThe Committee of Creditors on Wednesday approved the plan submitted by NARCL, which offered a Net Present Value (NPV) bid of Rs 5,555 crore...
- Majority of Srei lenders vote for NARCL offerLate evening on Tuesday, its administrator informed lenders that 89.2% of verified creditors voted in favour of NARCL’s resolution plan, wh...
- Srei insolvency: Kanorias' offer to pay off dues rejected under technical groundSrei Equipment Finance Ltd and Srei Infrastructure Finance Ltd are currently undergoing insolvency proceedings in NCLT. The RBI has already...
- RBI appoints V Ramachandra as member of Advisory Committee of SIFL, SEFL"Consequent upon the resignation of Shri Farokh N Subedar from the Advisory Committee with effect from January 31, 2023, it has been decide...
- SC dismisses plea seeking stay on insolvency process against 2 Srei CosA Bench led by Chief Justice DY Chandrachud's upheld the order of the National Company Law Appellate Tribunal (NCLAT) rejecting Srei Infras...
- NARCL highest NPV bidder with Rs 5,555-cr offer in Srei resolutionThe government-backed National Asset Reconstruction Company Ltd has taken lead in taking over two stressed entities of the Srei group as it...
- 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...
- Lenders of two Srei companies extend offer deadline by a monthAfter lenders restarted the sale process of Srei Equipment Finance and Srei Infrastructure Finance, administrator Rajnish Sharma had set a ...
- NCLT admits insolvency plea against Nirmal Lifestyle KalyanKolkata-based Srei Equipment Finance Ltd had approached the Mumbai bench of the National Company Law Tribunal (NCLT) after Nirmal Lifestyle...
- Trinity Alternative Investments says no illicit transactions with Srei Group entitiesLast week, reports said the RBI-appointed administrator Rajneesh Sharma has moved the Kolkata bench of the National Company Law Tribunal (N...
- Pension funds holding distressed Srei's bonds in a spotThe two Srei group companies - Srei Infrastructure Finance and Srei Equipment Finance - have an outstanding of ₹4,730 crore in bonds.
- Lenders begin voting on group insolvency of 2 Srei companiesLenders of Srei Infrastructure Finance and Srei Equipment are currently voting on a proposal by administrator Rajneesh Sharma to undertake ...
- RBI retains advisory committee on Srei group companiesThe members of the committee are: R Subramaniakumar (Former MD & CEO, Indian Overseas Bank), T T Srinivasaraghavan (Former Managing Directo...
- Srei Group Promoters move Bombay HC against RBI insolvency actionSrei group promoters are seeking stay on any insolvency proceedings at group companies Srei Infrastructure Finance Ltd and Srei Equipment F...
- Srei lenders, second casualty of IL&FS implosion, now await a tense futureThe woes of both the beleaguered DHFL and Srei entities arise from the collapse of IL&FS. The liquidity crisis after the collapse of IL&FS ...
- Srei Infrastructure Finance shares decline 5% to hit lower circuit limitThe Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over gov...
- 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...
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