Hero FinCorp puts Rs 258-crore stressed unsecured loan pool on the block, seeks 95% haircut
Hero FinCorp Ltd, the non-banking finance arm of the Hero Group, has invited asset reconstruction companies (ARCs) to bid for...
NCLT clears ex-director’s Rs 18.23-crore bid for Raninga Paper Mills, but ring-fences Rs 20-crore-plus ‘NIL-value’ assets for SBI
The National Company Law Tribunal's Ahmedabad bench has approved a Rs 18.23-crore resolution plan by Chandresh Lalitbhai Soni, a suspended...
NCLT clears Innopark’s ₹131.9-crore plan for Baron Infotech, creditors to get full admitted dues
The Hyderabad bench of the National Company Law Tribunal (NCLT) has approved Innopark (India) Private Limited's resolution plan for Baron...
Distressed assets worth over Rs 500 crore going for auction in October
If you're looking to acquire quality distressed assets, here are some of the latest auction notices published in the newspapersof...
Post-IBC survivors show mixed performance on bourses, with only Orchid Pharma in green
Companies that emerged from India's insolvency process and kept their stock exchange listings have delivered sharply divergent returns over the...
Hallmark Emerald project heads to auction a tenth time; liquidator raises reserve price to Rs 70 cr
The liquidator of Hallmark Living Space Private Limited has put the company's abandoned "Emerald" township on the GST Road at...
Vrundavan Ceramic Morbi plant and receivables book go under the hammer in twin-parcel auction
The liquidator of Vrundavan Ceramic Private Limited has put the company's Morbi-district manufacturing property and, separately, its entire book of...
Mankind Pharma to absorb Bharat Serums’ business through voluntary liquidation, bypassing NCLT merger route
Mankind Pharma will take over the entire business of Bharat Serums and Vaccines Limited (BSVL) through a voluntary liquidation of...
IBBI proposes tighter safeguards for personal guarantors in insolvency cases
The Insolvency and Bankruptcy Board of India (IBBI) has proposed tighter safeguards in the insolvency resolution process for personal guarantors...
Shakti Bhog Foods factory reserve price cut 23% as Delhi property book returns to auction at ₹40 crore
The liquidator of Shakti Bhog Foods Limited has issued a fresh e-auction notice for the collapsed flour major's Delhi property...