Month: September 2025

Visa Steel

Visa Steel exits insolvency as NCLT allows withdrawal of CIRP proceedings

In a significant turnaround, Visa Steel Limited has successfully exited the Corporate Insolvency Resolution Process (CIRP) after the National Company...

Supreme Court

SC upholds JSW Steel’s acquisition of Bhushan Power and Steel

The Supreme Court on 26 September upheld the acquisition of Bhushan Power and Steel Limited (BPSL) by JSW Steel Limited,...

Ushdev Engitech

Kolkata-based Priya Food staring at insolvency; Aditya Birla Capital plea against company admitted in NCLT

The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted a petition filed by Aditya Birla Capital Limited to initiate...

Byju's

BYJU’S insolvency: EoI deadline extended as bidders show little interest

Shailendra Ajmera - the Resolution Professional (RP) in the corporate insolvency resolution process (CIRP) of Think & Learn Private Limited,...

Xalta Food and Beverages

EoI for Xalta Food and Beverages invited by Oct 7

The corporate insolvency resolution process (CIRP) for Xalta Food and Beverages Private Limited has entered a significant phase with the...

Ushdev Engitech

NCLT admits Reliance Home Finance into insolvency proceedings

In a significant development, the National Company Law Tribunal (NCLT), Mumbai Bench, has admitted Reliance Home Finance Limited (RHFL) for...

Sinnar Thermal Power

EoI for ARS Energy invited; Nov 8 is last date for submission of resolution plans

ARS Energy Private Limited, the owner of a 60 MW thermal power plant in Gummidipundi, has been admitted into the...

Reliance Innoventures

CBI files chargesheet against Anil Ambani Group, Yes Bank officials in Rs 5,010 crore fraud case

The Central Bureau of Investigation (CBI) today filed chargesheets in two cases related to fraudulent financial transactions involving Anil Ambani's...

Blusmart Mobility Tech

Gensol Engineering invites EoIs; deadline for submission of resolution plans is Nov 29

Gensol Engineering Limited, a significant player in the solar and electric vehicle sectors, has officially invited Expressions of Interest (EoI)...

Yes Bank

SBI makes 3.6 times gain as it fetches Rs 8,889 crore by selling 13.18% stake in Yes Bank

The State Bank of India (SBI) officially announced on Wednesday the completion of its divestment of a significant 13.18% stake...