How Orchid Pharma is doing under the new management
Dhanuka Laboratories, the new promoters of Orchid Pharma after it formally took control of the company on 31 March 2020...
Month: June 2021
ED transfers Rs 8442 crore attached assets of Mallya, Choksi and Nirav Modi to PSU banks
The enforcement directorate has transferred attached assets worth Rs 8,441.5 Crore to Public Sector Banks, who suffered losses due to...
Regulator sets out on a public consultation programme to make insolvency rules ‘better’
As the Insolvency and Bankruptcy Code (IBC) completes five years of existence, the insolvency regulator has set out on consultation...
Under Videocon resolution plan, govt agencies to receive Rs 5.7 crore against Rs 1,587 crore claims
As per the approved resolution plan of Vedanta Ltd for acquisition of Videocon group of companies, the Anil Agarwal-owned company...
NCLT gives a go ahead to Vedanta bid for Videocon group companies
The National Company Law Tribunal (NCLT) has approved the resolution plan of Vedanta arm Twin Star Technologies Limited for Videocon...
63 Moons to challenge NCLT order allowing Piramal Group to acquire DHFL
63 Moons Technologies has said that it will challenge the order of the National Company Law Tribunal (NCLT), allowing Piramal...
Insolvency regulator is looking for new chairperson as incumbent MS Sahoo retires in Sept
The government of India has invited application for the post of chairperson of the Insolvency and Bankruptcy Board of India...
Fixed deposit holder puts up fight against Piramal Group’s bid for DHFL
Can a writ petition pending in Delhi High Court by a fixed deposit holder put a spanner in Piramal Group’s...
NCLT approves Piramal Group’s bid for DHFL
The Mumbai Bench of NCLT has today approved the resolution plan submitted by Piramal group for acquisition of housing finance...
Tata Steel Mining’s bid for West Bengal-based ferro alloy manufacturer gets lenders’ nod
Tata Steel Mining Limited (TSML), a wholly owned subsidiary of Tata Steel Limited, has been declared as the successful resolution...