Adani Power consortium acquires Coastal Energen for Rs 3,335 crore
The National Company Law Tribunal (NCLT) recently approved the resolution plan submitted by Dickey Alternative Investment Trust (DAIT) in consortium...
Year: 2024
Early warning alerts from NeSL Information Utility
NeSL serves as a central repository for debt obligations and defaults across all entities within the country. Acting as an...
Lenders to Reliance Capital raise concerns over Rs 7,300 cr debt mobilisation by IIHL
Lenders to debt-ridden Reliance Capital (RCAP) have raised concerns regarding the term sheet provided by the Hinduja Group firm IIHL...
Regulator proposes upfront disclosure of MSME status of corporate debtor
The insolvency regulator – Insolvency and Bankruptcy Board of India (IBBI) – has proposed mandatory disclosures about the status of...
Rs 4,101-cr Adani Power bid for Lanco Amarkantak Power gets NCLT nod
In yet another successful bid through the Insolvency and Bankruptcy Code (IBC), Adani group firm -- Adani Power Ltd –...
ARCs assets likely to decline by up to 10% in FY25: Crisil
Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to...
Insolvency regulator issues code of conduct for CoC
After the Delhi High Court in a recent order in Kunwer Sachdev v. IDBI Bank emphasized the need for a...
Anil Ambani group moves NCLT to restrain IIHL from using Reliance brand name
Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAVPL), a Reliance Group company, has filed an interim application in the NCLT, seeking...
Oberoi Realty arm buys out Nirmal Lifestyle Realty for Rs 273 crore
The National Company Law Tribunal (NCLT) has approved the Rs 273 crore resolution plan submitted by Oberoi Constructions Limited for...
Sarda Energy and Minerals acquires SKS Power Generation (Chhattisgarh) for Rs 2,657 crore
Sarda Energy and Minerals Ltd has successfully bid for SKS Power Generation (Chhattisgarh) Ltd, the coal-based thermal power company located...