Vijaygroup Housing assets worth Rs107 crore to be auctioned on 20 Sept
An e-auction has been announced for the sale of assets belonging to Vijaygroup Housing Private Limited (In Liquidation). The company's...
Month: August 2025
Future Retail’s iconic brands Big Bazaar, Foodhall up for auction with ₹155 cr reserve price
The liquidation process of debt-ridden Future Retail Ltd (FRL) has reached a critical juncture with the liquidator putting its most...
NCLT approves ₹614 crore resolution plan for stalled Acme Realities
In a major relief for over 300 homebuyers, the National Company Law Tribunal (NCLT), Mumbai Bench, has approved a ₹614.317...
NCLT allows insolvency proceedings against Raheja Developers
In a significant development impacting thousands of homebuyers, the National Company Law Tribunal (NCLT) in New Delhi has admitted a...
NCLAT dismisses plea against Nuvoco Vistas’ acquisition of Vadraj Cement
The National Company Law Appellate Tribunal (NCLAT) has rejected a plea challenging Nuvoco Vistas Corporation’s acquisition of Vadraj Cement during...
BoI classifies Reliance Communications loan accounts as fraud
Reliance Communications Limited (RCOM) has disclosed that Bank of India has classified the loan accounts of RCOM, its subsidiary Reliance...
Fugitive bizman Nitin Sandesara’s Sterling SEZ goes to auction with reserve price of Rs 324 crore
Sterling SEZ and Infrastructure Limited (in liquidation) is set to be auctioned on September 15, 2025, with a reserve price...
NCLAT upholds Rs 390-crore resolution plan for Neptune Developers
The National Company Law Appellate Tribunal (NCLAT), Principal Bench in New Delhi, has dismissed two appeals filed by the Central...
NCLT approves Rs 2,072-cr resolution plan for Hindustan National Glass
The National Company Law Tribunal (NCLT) has officially approved a resolution plan for Hindustan National Glass & Industries Limited (HNGIL)...
SU Toll Road of Reliance Infrastructure to undergo insolvency proceedings
In a significant move that highlights the ongoing challenges in India's infrastructure sector, the National Company Law Tribunal (NCLT) in...