Have assets in the USA or UK? Why an Indian Will alone may not protect your heirsIndian families with assets in the USA and UK need robust succession plans. A single Indian Will may not suffice for overseas properties. E...
ATS Nobility Estates exits insolvencyThe National Company Law Tribunal has permitted the withdrawal of insolvency proceedings against ATS Group's Nobility Estates. This decisio...
Petition in High Court seeks stay on Tata Trusts meetingAhead of a critical Tata Trusts meeting scheduled for Friday, a petition has claimed that Sir Ratan Tata Trust violates a new Maharashtra l...
Equity inflow in real estate hits record at USD 30.7 bn since 2024: ReportIndia's real estate sector saw record equity inflows of USD 30.7 billion between 2024 and the first quarter of 2026, and the momentum is ex...
NCLT approves Mantra Properties buyout of Mulund projectThe company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured cre...
Tata Trusts to amend Bai Hirabai Trust deed, trustee eligibility clauses under reviewTata Trusts trustees will seek to change rules in the Bai Hirabai Trust deed. These rules previously barred non-Zoroastrians from becoming ...
Tata Trust row deepens as Mehli Mistry seeks administrator for SDTTMehli Mistry, removed from Tata Trusts, has filed a complaint with the Maharashtra Charity Commissioner. He seeks an administrator for the ...
Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
Mahagun Group raises Rs 225 crore from CSL Finance LimitedMahagun Group has secured Rs 225 crore funding from CSL Finance Limited. This capital infusion will accelerate project execution and ensure...
Mahagun gets insolvency relief as NCLT clears settlement with IDBI TrusteeshipMahagun Group has reached a settlement with IDBI Trusteeship, resolving insolvency proceedings. This development brings relief to homebuyer...
Capitalism & trusteeshipCapitalism has driven significant economic growth and innovation, while also creating wealth disparities and environmental concerns. M K Ga...
Beacon Trusteeship IPO booked 65 times on Day 2; Z-tech India's issue subscribed 8xBeacon Trusteeship's IPO garners strong investor interest, garnering 66 times bids on the second day of bidding. The company plans to raise...
Beacon Trusteeship set to launch digital retail escrow platform for P2P transactionsMumbai-based Beacon Trusteeship is launching BeaconTxn, a digital retail escrow platform, to address secure retail P2P transactions. The pl...
Beacon Trusteeship’s platform ProSec crosses $3 billion processing markBeacon Trusteeship Ltd, based in Mumbai, has achieved a significant milestone with its leading securitization platform, ProSec. The platfor...
NCLAT dismisses IDBI Trusteeship plea for insolvency against Essel group entity Cyquator Media ServicesA two-member bench of the appellate tribunal observed that the default, claimed by IDBI Trusteeship, had happened during June 2020, which i...
IDBI Trusteeship acquires 6.44 per cent equity shares of Adani PowerThe statement revealed that the IDBI Trusteeship acquired 18.49 crore shares on June 17.
- IDBI Trusteeship releases 53 crore pledged shares of Adani Power
Adani Power said more than 53.14 crore pledged shares of the company have been released by IDBI Trusteeship Services.