Bank of Baroda classifies Anil Ambani and RCom as ‘fraud’, alleges fund diversion
In a significant development, state-owned Bank of Baroda (BoB) has classified the loan accounts of debt-laden Reliance Communications Limited, also...
InsolvencyT
Flats linked to Gitanjali Gems promoters set for auction in October
In a move to recover funds for creditors, the liquidator of the scam-tainted Gitanjali Gems Limited has put up for...
40 kg gold, diamonds from Nirav Modi’s Firestar International up for sale
In a significant move to liquidate assets for creditors, the liquidator of Firestar International Limited has announced an e-auction for...
Rs 65-cr assets of Shree Bankey Behari Exports to be auctioned on 26 Sept
An e-auction has been announced for the assets of Shree Bankey Behari Exports Limited (In Liquidation), following an order from...
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...
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...