NCLAT stays insolvency proceeding against Coffee Day Global
The National Company Law Appellate Tribunal (NCLAT) has stayed the Bengaluru bench of the NCLT verdict ordering initiation of corporate...
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Sebi proposes changes in rules for mandatory bond market borrowing by large corporates
The Sebi has proposed several changes in the rules for mandatory borrowing by the large corporates (LCs) from bond markets....
NCLAT allows successful bidder of ARSS Infrastructure Projects to sweeten the deal
The National Company Law Appellate Tribunal (NCLAT) has set aside the Cuttack Bench of the NCLT order (on 18 April...
NeSL data shows Rs 14.63 lakh crore loan defaults as on 30 June 2023
The sole information utility entity – NeSL – has listed Rs 14.63 lakh crore total defaults as reported by various...
Quarterly global defaults reach highest level since 2020
With 44 defaults in the second quarter, the global default tally recorded its highest quarterly default tally since the fourth...
Jet Airways lenders ask JKC to pay Rs 350 cr for transfer of ownership
The Jalan Kalrock Consortium (JKC) has to pay ₹350 crore by August 31 as a condition precedent to the transfer...
IVRCL liquidation process marred by delays, controversies
The IP registration of Sutanu Sinha, the liquidator of IVRCL Ltd, was recently suspended by the Insolvency and Bankruptcy Board...
EoI invited from prospective bidders of UNI; 31 Aug last date for submission
Resolution Professional Pooja Bahry has invited Expressions of Interest (EOI) from prospective resolution applicants to submit Resolution Plans for United...
DGCA extends air operator certificate of Jet Airways
In a new lease of life to Jet Airways and its new promoters, the Directorate General of Civil Aviation (DGCA)...
46 lakh UB shares held by McDowell Holdings sold for Rs 678 crore
Resolution Professional of McDowell Holdings Ltd Konduru Prasanth Raju has informed the exchanges that the 46,28,452 investee shares of McDowell...