Unpaid salary lands Zoom Air in trouble; insolvency proceedings initiated
Regional airlines Zexus Air Service Pvt Ltd, which runs an airlines service by the name of Zoom Air, has gone...
Month: March 2022
54 firms submit EoI for acquiring Reliance Capital; Tatas, Adanis among bidders
Reliance Capital, which is undergoing Corporate Insolvency Resolution Process, has received 54 expressions of interest (EoIs) from some of the big...
Creditors take Reliance Infra, Reliance Power to insolvency court a day after exit of Anil Ambani
Three Anil Ambani group companies – Reliance Infrastructure, Reliance Power and Reliance Natural Resources Limited (RNRL) – have been dragged...
IBC is key to bolstering start-up ecosystem in India
The Insolvency and Bankruptcy Code (IBC) has been key in releasing entrepreneurship from honest business failures, which is important as...
Only 11,000 home buyers to be affected by insolvency proceedings, claims Supertech
Even as the New Delhi bench of the National Company Law Tribunal (NCLT) gives a go ahead to initiates corporate...
Insolvency proceedings begin against NCR-based Logix City Developers
National Capital Region-based real estate firm Logix City Developers Pvt Ltd has been dragged into insolvency proceedings after New Delhi...
New session of Graduate Insolvency Programme begins from 1 July 2022; entrance test on 8th May
The Graduate Insolvency Programme Common Entrance Test (GIPCET) for 2022-24 session will be held on 8 May 2022, the registration process of...
Vedanta, Jindal Power among 14 entities bidding for SREI Infra Fin, SREI Equipment Finance
Vedanta Limited and Jindal Power Limited are among 14 entities/persons who have expressed their interest in acquiring Srei Infrastructure Finance...
Ruchi Soya to offer 19% shares to public through FPO priced at Rs 615-650
Pantanjali group-owned Ruchi Soya Industries is all set to offer more shares to public with its latest follow-on public offer...
Reliance Industries emerges successful bidder for textile company Sintex Industries
Reliance Industries Ltd (RIL) successfully bids for another company undergoing corporate insolvency resolution process (CIRP). This time it is listed...