Auditors detect ‘fraudulent’ transactions in Andhra Cements
The Resolution Professional of Andhra Cements Limited -- Kirit Pujara –has filed application for avoidance of transactions with the Amravati...
Year: 2022
Reliance General Insurance urgently seeks Rs 600 crores capital infusion from Reliance Capital
Reliance General Insurance Company Ltd. (RGICL) has sought Rs 600 crores capital infusion from Reliance Capital on an urgent basis....
Reliance Capital resolution process now a three-horse race?
As the Committee of Creditors (CoC) of Reliance Capital meet on 9 December 2022, what direction the resolution process could...
Reliance Capital staring at liquidation?
Is Reliance Capital staring at liquidation? Apparently, the RBI-appointed administrator is not happy with the bids received so far as...
Resolution professional has failed to safeguard assets of Future Retail, claims proxy advisory firm
Proxy advisory firm Ingovern Research Services has written a letter to Securities and Exchange Board of India (Sebi) bringing to...
Insolvency application against Rediff.com rejected by tribunal
Insolvency petition against Rediff.com, the Mumbai-based News and Information, Enterprise Email Services and Online Shopping Marketplace firm, was rejected by the National Company...
UK company insolvencies up 38% in Oct’22; compulsory liquidation more than 4 times last year
The number of registered company insolvencies in the UK rose 38% year-on-year to 1,948 in October 2022. In the same...
NCLT gives nod to initiate insolvency proceedings against Technofab Engineering
Corporate insolvency resolution process (CIRP) has been initiated against Technofab Engineering Limited, the New Delhi-based engineering and construction company informed...
Insolvency regulator revises fees for insolvency professionals, IPEs
The insolvency regulator -- Insolvency and Bankruptcy Board of India -- has recently effected revisionof existing fee structure along with...
Jio’s acquisition of Reliance Infratel: Not a done deal yet
The National Company Law Tribunal (NCLT) has given its go-ahead to Reliance Jio to implement the resolution plan for Reliance...