How Indian agencies are combatting the menace of Mule Account
A mule account is a bank account (which can be a savings, current, or corporate account) opened by individuals or...
InsolvencyT
NCLT appoints new liquidator for Uniply Industries amidst suspension of previous one
The National Company Law Tribunal (NCLT), Chennai Bench, has approved the appointment of Ms. Santhanam Rajashree as the new Liquidator...
JSW Steel challenges Supreme Court ruling on Bhushan Power, files review petition
JSW Steel Ltd. has filed a review petition in the Supreme Court challenging the apex court’s 2 May 2025 Judgement,...
Adani, Vedanta, JSPL among six bidders vying for Jaiprakash Associates
Jaiprakash Associates Ltd. (JAL), the debt-laden infrastructure and real estate giant, has attracted significant attention from a diverse set of...
NCLT approves Rs 4,000-cr bid by Adani Power for Vidarbha Industries Power
The National Company Law Tribunal (NCLT), Mumbai Bench, has given its crucial approval to the Rs 4,000 crore resolution plan...
Rs 44-crore assets of Rajat Wires to be auctioned on July 3
The assets of Rajat Wires Private Limited, currently under liquidation, will go under the hammer through an e-auction scheduled for...
Canara Bank initiates insolvency proceedings against Syska E-Retails
The National Company Law Tribunal (NCLT), Mumbai Bench-I, has admitted a petition filed by Canara Bank to initiate the Corporate...
Karuturi Ceramics up for sale on 7th July; reserve price fixed at Rs 21.15 crore
Maharashtra-based Karuturi Ceramics Private Ltd will be put up for auction on 7th July as a going concern. Reserved price...
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 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...