Year: 2023

Zee group

Zee Entertainment to undergo insolvency proceedings

The troubled media and entertainment company – Zee Entertainment Enterprises Ltd – will now face insolvency proceedings after the Mumbai...

insolvency and bankrupcty conference

2nd intnl research conference on insolvency and bankruptcy from 23Feb

The Insolvency and Bankruptcy Board of India (IBBI) in collaboration with the Indian Institute of management, Bangalore (IIMB) is organizing...

Reliance Communications

India operations of Chinese ZTE Telecom face insolvency proceedings

The India operations of Chinese telecom equipment company ZTE Telecom India Pvt Ltd will undergo corporate insolvency resolution process (CIRP)...

Punj Lloyd

Adani Infra, Vedanta in fray for Punj Lloyd; liquidation process extended by 2 months

Adani Infra (India) Ltd and Vedanta Ltd are the two bidders left in the fray to acquire the insolvent infrastructure...

Videocon Group

Videocon Group assets valued without site visits, finds insolvency regulator

Did the registered valuer -- RBSA Valuation Advisors LLP – prepare the valuation report of Videocon Group companies without the...

Jaypee Cement

Sagar Cements’ Rs 767-crore bid for Andhra Cements approved by NCLT

The Amravati bench of the NCLT has approved of the Rs 767-crore resolution plan submitted by Sagar Cements Limited for...

Creditors taking haircuts

Creditors have taken 70% haircuts in 612 resolved cases under IBC so far

Financial creditors realised Rs 2.53 lakh crore from the 612 cases of resolution under the Insolvency and Bankruptcy Code, translating...

NARCL acquires SREI Infrastructure Finance

Lenders nod to NARCL bid for Srei Infrastructure Finance, Srei Equipment Finance

The National Asset Reconstruction Co. Ltd (NARCL) has emerged the successful bidder for two Srei Group firms – SREI Infrastructure...

Mcleod Russel

Insolvency proceedings begin against Mcleod Russel

Mcleod Russel India, the Kolkata-based tea plantation company, has now gone into insolvency after the Kolkata Bench of the National...

Zee Learn

NCLT admits insolvency plea against Zee Learn

The Mumbai bench of the National Company Law Tribunal has admitted the insolvency petition against Zee Learn, a school education...