NCLT approves Omkar Speciality Chemicals revival plan, overrules objections from minority lenders
The National Company Law Tribunal (NCLT), Mumbai Bench-II, has approved the Rs 25.65 crore resolution plan submitted by Kshitij Polyline...
Month: August 2025
Banks must strictly follow personal guarantee agreements: NCLT
In a landmark ruling, the National Company Law Tribunal (NCLT), Kochi Bench, has brought relief for three personal guarantors entangled...
Crisis-hit IndusInd Bank appoints Rajiv Anand as new MD, CEO
IndusInd Bank has appointed Rajiv Anand as its new Managing Director and CEO for a three-year term, effective August 25,...
Rs 6,000 cr NPA of IL&FS Tamil Nadu power arm reclassified as standard loan
In a major development, Rs 6,000 crore loan of IL&FS Tamil Nadu Power Company Ltd (ITPCL) has been reclassified from...
Delhi High Court quashes ‘Fraud’ classification against Religare Finvest
The Delhi High Court has delivered a major legal victory to Religare Finvest Limited (RFL), a material subsidiary of Religare...