Month: September 2021

Piramal acquires Kapil Wadhawan's DHFL

Piramal Enterprises completes acquisition of DHFL; fully pays off creditors

Piramal Enterprises Limited today announced the payment of consideration for the acquisition of Dewan Housing Finance Corporation Ltd. (DHFL), marking the...

Jet Airways

Jet Airways to resume flights in Q1 2022

Jet Airways is all set to resume domestic operations in Q1 2022, according to the Jalan Kalrock Consortium, the successful...

More power to CoC

Govt approves appointment of 18 members of NCLT

Given the concerns over vacant posts in National Company Law Tribunal (NCLT), the appointments committee of the cabinet has approved...

IBC is not a panacea for all ills

IBC is not a panacea for all ills: MS Sahoo

The insolvency and Bankruptcy Code (IBC) enables the market with the choices of resolution but it should not be considered...

Maharashtra Real Estate projects

ED attaches Rs 233 crore convertible preference shares of HDIL group companies

The Enforcement Directorate has attached partly paid compulsorily Convertible Preference shares worth Rs 233 crore of HDIL group companies under...

Varanasi Auto Sales Ltd

Should Swiss Challenge Method be adopted for auction of assets under liquidation?

Is Swiss Challenge Method the best way for realising maximum value of an asset under liquidation? A consultation paper floated...