Coffee Day Enterprises defaults on payment of Rs 465 crore
Coffee Day Enterprises, the owners of Cafe Coffee Day outlets, are in trouble after they defaulted on a payment of...
Month: July 2023
NCLAT closes CIRP against Zee after settlement with IndusInd Bank
The National Company Law Appellate Tribunal (NCLAT) has disposed of the appeal filed by Zee Entertainment Enterprise promoters after the...
Hinduja Group to raise $1.5 bn to fund Reliance Capital buyout
Hinduja group-owned IndusInd International Holdings (IIHL) announced a $1.5 billion capital raising plan. The plan will increase IIHL's holding in...
IICA, NALSAR University start LLM in insolvency and bankruptcy law
The National Academy for Legal Studies and Research (NALSAR) in collaboration with Indian Institute of Corporate Affairs (IICA) is offering...
Golden Tobacco insolvency process extended by 90 days till 22 Sep
The committee of creditors (CoC) of Golden Tobacco has approved the extension of Insolvency Resolution Process period by 90 days...