NCLT approves Pristine Malwa Logistics Rs 480 crore bid for Sical Logistics
The Chennai bench of the National Company Law Tribunal (NCLT) has approved the resolution plan of Pristine Malwa Logistics Park...
Year: 2022
A2Z Infra Engineering goes for one-time settlement of Rs 134 cr dues to IDBI Bank
A2Z Infra Engineering Ltd has managed to convince IDBI Bank to agree to its proposal for One-Time Settlement (OTS) of...
Zee Entertainment dragged to insolvency court by IDBI Bank
There’s no end of troubles for Essel group as one of its companies -- Zee Entertainment Enterprise Ltd – now...
Mumbai real estate firm Hubtown faces insolvency proceedings
Mumbai-based real estate company Hubtown has been dragged into insolvency court by International Asset Reconstruction Company Private Limited for apparently...
Public sector banks recovered Rs 1.03 lakh crore written-off loans in last five years
Public sector banks have recovered Rs 1,03,045 crore of written-off loans in the past five years, the government informed the...
Reliance Capital base price for e-auction hiked to Rs 6,500 crore
The insolvency resolution process of Reliance Capital is heading towards another stalemate after the Committee of Creditors (CoC) in its...
Dalmia Bharat to buy cement, power business of Jaiprakash Associates
Dalmia Cement (Bharat) Limited (DCBL), a wholly owned subsidiary of Dalmia Bharat Limited, will buy cement business of Jaiprakash Associates...
Three bidders in fray for McNally Bharat Engineering
Three bidders are in the fray for Kolkata-based McNally Bharat Engineering Company Ltd, which is undergoing corporate insolvency resolution process....
Gayatri Projects creditors submits claims of Rs 7,947 crore
Creditors of Gayatri Projects have submitted claims of Rs 7,947 crore as the corporate insolvency resolution process gets underway. The...
Reliance Capital base price for e-auction fixed at Rs 5,300 crore
The e-auction for Reliance Capital will be an ascending auction process, with the base bid price will be Rs 5300...