Expedite approvals for implementation Reliance Capital resolution plan: NCLT to regulators
The National Company Law Tribunal on 12 August 2024 directed the regulators like Reserve Bank of India (RBI) and Sebi...
Year: 2024
NCLT gives nod to start insolvency proceedings against Coffee Day Enterprises
NCLT Bengaluru admits insolvency petition filed by IDBI Trusteeship Services against Coffee Day Enterprises, the parent company of the Coffee...
Ex-promoter Sudarshan Das Mundhra successfully bids for Simplex Projects
Former promoter Sudarshan Das Mundhra has been officially declared the successful resolution applicant for Simplex Projects Limited (corporate debtor) with...
Upcoming auctions under Insolvency and Bankruptcy Code (IBC)
S.NoDate of AnnouncementDate of E-AuctionsCompanyStatus of AuctionsProcess DocumentPublic Announcement 101/08/202402/09/2024RIGA SUGAR COMPANY LIMITEDOpenClick hereSale Notice ISale Notice II202/08/202405/09/2024NUCLEUS SATELLITE COMMUNICATIONS (MADRAS)...
Adani Power emerges top bidder for KSK Mahanadi with Rs 27k crore
Adani Power has emerged as the top bidder for the debt-ridden 1,800 MW KSK Mahanadi thermal power plant in Chhattisgarh...
NCLAT gives nod to Byju’s one-time settlement with BCCI
The National Company Law Appellate Tribunal (NCLAT) has overturned a previous decision by the Bengaluru bench of the NCLT to...
No loans for one year after removal from list of wilful defaulter: RBI
In a concerted effort to curtail the escalating issue of wilful default, the Reserve Bank of India has mandated a...
NCLAT judge recuses himself from Byju’s insolvency case hearing
A National Company Law Appellate Tribunal (NCLAT) judge recused himself from hearing Byju's appeal for an interim stay on the...
Kishore Biyani’s Future Retail, once a leading Indian retailer, is being liquidated
The Mumbai bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Future Retail after all attempts...
Kamachi Industries acquired by Jaicorp for Rs 487 crore
Chennai-based Kamachi Industries Limited, an integrated steel company, has been acquired by Jaicorp’s vice chairman, Virendra Jain along with his...