NCLAT stays implementation of Coastal Energen resolution plan
In a setback to the consortium of Dickey Alternative Investment Trust (DAIT) and Adani Power, the Chennai bench of the...
Year: 2024
Adani Power acquires yet another energy company through CIRP
Adani Power, which recently acquired yet another power company – Coastal Energen – in consortium with Dickey Alternative Investment Trust,...
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...
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...