Month: March 2025

Khaitan Electricals

NCLAT upholds penalty against Santoshi Finlease for malicious insolvency petition

In a recent ruling, the National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by Santoshi Finlease Private...

Jaiprakash Associates

NCLT directs Jaiprakash Associates to continue with single resolution plan option

In a significant development, the National Company Law Tribunal (NCLT), Allahabad Bench, has directed Jaiprakash Associates Limited (JAL) to continue...

RG Residency

ATS Infrabuild to undergo insolvency process for Rs 5-crore default

The National Company Law Tribunal (NCLT), New Delhi Bench, has admitted an insolvency petition filed by IDBI Trusteeship Services Private...

CIBIL Report on women borrowers

CIBIL report indicates credit uptake among women grows by 22% annually since 2019

The number of women availing credit in India has surged at a compound annual growth rate (CAGR) of 22% between 2019...

Khaitan Electricals

The Statesman acquires insolvent news agency UNI for Rs 41.26 crore

The National Company Law Tribunal (NCLT), New Delhi, has approved the Rs 41.26-crore resolution plan submitted by The Statesman Limited for the...