Pothys wins Arihant Retail in IBC: NCLT clears Rs 43-crore plan, Chennai mall to make way for Pothys store
The Chennai bench of the National Company Law Tribunal (NCLT) has approved textile retailer Pothys Retail Pvt Ltd’s Rs 43.02-crore...
NCLT clears Rs 577-cr plan for Arch Pharmalabs; lenders to recover about 5% of Rs 10,518-cr claims
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved a Rs 577.24-crore resolution plan for bankrupt active...
Imagicaaworld seeks shareholders’ nod to sell Novotel Imagicaa to Juniper Hotels
Imagicaaworld Entertainment has started a postal ballot asking shareholders to approve the sale of its Hotel Novotel Imagicaa at Khopoli...
SBI puts ₹47-crore stressed loan portfolio on the block
State Bank of India (SBI) has put stressed loans with a combined principal outstanding of ₹47.16 crore up for sale....
Sammaan Capital, subsidiary put stressed loans on the block again, six months after ₹5,000-crore Arcil sale
Sammaan Capital, formerly Indiabulls Housing Finance, and its wholly owned subsidiary Sammaan Finserve have invited bids for stressed financial assets....
Baid Industries liquidator cuts reserve to ₹15.5 crore for Ankleshwar yarn unit; e-auction on October 30
The liquidator of Baid Industries Pvt Ltd has put the company’s factory at GIDC Panoli in Ankleshwar back on the...
SC: Information utility record of default is enough to admit insolvency plea; upholds CIRP against owners of JW Marriott Bengaluru, Crowne Plaza Pune
The Supreme Court has ruled that an authenticated record of default from an information utility (IU) is, on its own,...
SC upholds Bombay HC ruling quashing Yes Bank’s Rs 8,415-crore AT1 bond write-down; says administrator had no power to act
The Supreme Court on 15th October 2026 dismissed appeals by Yes Bank, the Reserve Bank of India (RBI) and the...
Venus Garments liquidator cuts reserve prices by up to 29%, puts ₹28-crore Ludhiana assets on the block again
The liquidator of Ludhiana-based knitwear maker Venus Garments (India) Limited has invited bids for the company's land parcels and other...
Rare ARC puts Thane land on block to recover ₹181-cr NCD dues
Rare Asset Reconstruction Ltd (Rare ARC) has put two land parcels in Thane district up for e-auction. It is trying...