Month: January 2023

Asian Hotels (West)

Now Torrent group revises bid for Reliance Capital; offers Rs 8640 cr in upfront cash

In another twist to the Reliance Capital corporate insolvency resolution professional, Torrent group has now revised its bid and is...

CIRP of personal guarantor

CA Final and intermediate Exam results to be announced on 10 Jan

The results of the Chartered Accountants Final (CA Final) and Intermediate examination held in November 2022 are likely to be...

Audit of Insolvency Resolution Process Cost

Chapter 13 bankruptcy filings in US increased 32% in 2022

Individual Chapter 13 bankruptcy filings in the US during calendar year 2022 increased 32% to 149,072 from the 2021 total...

Homebuyers

3,000 homebuyers submit Rs 3,192 cr claims against Ansal Properties and Infrastructure

Around 3,000 homebuyers have submitted claims of Rs 3,192 crore under the corporate insolvency resolution process of Ansal Properties and...

Neeta Chemicals

NARCL emerges the highest bidder for SREI Infrastructure Finance, SREI Equipment Finance

National Asset Reconstruction Company Ltd (NARCL) has emerged as the highest bidder for SREI Infrastructure Finance and SREI Equipment Finance in...

Hinduja Group

NCLT asks CoC not to consider Hinduja group’s bid for Reliance Capital

The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the committee of creditors (CoC) of Reliance Capital...

Zee group

Indian Performing Right Society files insolvency petition against Zee Entertainment

Zee Entertainment faces fresh troubles as yet another creditor files an insolvency petition against the media company. In an exchange...