NCLT admits twin insolvency pleas by NARCL against Era Infra Group cos
The National Company Law Tribunal (NCLT) in New Delhi has simultaneously admitted two separate insolvency pleas against its subsidiary companies...
Month: November 2025
JTL Industries acquires RCI Industries for Rs 46.5 crore
The National Company Law Tribunal (NCLT), New Delhi Bench, has approved the resolution plan submitted by JTL Industries Limited for...
IBBI proposes mandatory beneficial ownership disclosure for resolution applicants
The Insolvency and Bankruptcy Board of India (IBBI) has proposed mandatory disclosures of Beneficial Ownership by prospective resolution applicants (PRAs)....
NCLAT sets aside private sale of Corporate Power Ltd, orders fresh bidding
The National Company Law Appellate Tribunal (NCLAT) has set aside the private sale of Corporate Power Ltd (CPL) to Orissa...
IPs asked to file application before PMLA courts to seek restitution of assets attached by ED
In a significant move to boost recoveries in insolvency cases, the Insolvency and Bankruptcy Board of India (IBBI) has formally...
E-Auction set for Jammu assets of Surya Pharmaceutical with reserve price of ₹92 crore
Assets worth Rs 92 crore of Surya Pharmaceutical Limited, which is under liquidation, will be put on the block in...
ED attaches ₹4,462 crore prime Navi Mum land in Reliance Communications fraud case
In a major crackdown on alleged financial malfeasance, the Enforcement Directorate (ED) has provisionally attached a massive 132-acre land parcel...
SC dismisses GLAS, BYJU’S RP plea; clears rights issue of Aakash
The Supreme Court of India has dismissed the civil appeals filed by GLAS Trust Company LLC, a creditor of Think...
Mukund Agiwal of Dhamnod tops CA Final Exam held in September 2025
The Institute of Chartered Accountants of India (ICAI) today announced the results of CA Final, Intermediate and Foundation Examinations held...
Canara Bank-led consortium sells Rs 520-cr debt of Karanja Terminal to Prudent ARC
A consortium of lenders led by Canara Bank has sold the ₹520 crore debt of Karanja Terminal and Logistics Pvt...