Month: June 2025

Saasa Musa Sugar

NCLT approves Rs 67-crore resolution plan for Trident Sugars

The National Company Law Tribunal (NCLT), Hyderabad Bench-I, has approved the Rs 67 crore resolution plan submitted by Delta Sourcing...

Hemadri Cement

Hemadri Cements to consider voluntary liquidation

The Board of Andhra Pradesh-based Hemadri Cements is likely to consider viability of operations and examine the proposal for Voluntary...

Blusmart Mobility Tech

NCLT admits insolvency plea against Gensol Engineering

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has admitted an insolvency petition against Gensol Engineering Limited filed by state-owned lender Indian Renewable...

Jet Airways

Bank of Baroda emerges top bidder for Jet Airways prime BKC Office

Public sector lender Bank of Baroda has emerged as the highest bidder for Jet airway’s prime second-floor office space in...

HDFC Bank

Curious case of HDFC Bank Vs Lilavati Kirtilal Mehta Medical Trust

HDFC Bank Limited has issued a forceful rebuttal to recent allegations leveled by the trustees of Lilavati Kirtilal Mehta Medical...

Lanco Vardha

Lanco Vidarbha’s 195-crore Wardha land up for auction on 2 July

The liquidator of bankrupt Lanco Vidarbha Thermal Power Limited has initiated e-auction proceedings for the company’s prime land parcel near...

Ushdev Engitech

NCLT approves Asons Pharma’s Rs 83.40 cr resolution plan for Astral Steritech

The National Company Law Tribunal (NCLT), Ahmedabad Bench (Court - 2), has approved Rs 83.40 crore Resolution Plan for Astral...

Aakash Educational Services

NCLAT dismisses appeal of Byju’s RP in Aakash shareholding dispute

The National Company Law Appellate Tribunal (NCLAT) on Thursday dismissed an appeal filed by Shailendra Ajmera, a partner at Ernst...

Gold Loan

RBI unveils unified silver and gold loan rules

The Reserve Bank of India (RBI) on 6 June 2025 issued comprehensive rules for Lending Against Gold and Silver Collateral,...

Vijay Mallya

Kingfisher brand was only one of many collaterals against loans, clarifies Vijay Mallya

In a rare and candid four-hour interview on Raj Shamani's Figuring Out podcast, Vijay Mallya, the embattled former head of...