Employees union drags news agency UNI to insolvency court
Employees of United News of India (UNI) has dragged the news agency to NCLT, which on 19 May admitted the...
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Jalan-Kalrock consortium gets 108 more days to infuse capital into Jet Airways
The Lenders and successful resolution applicant (SRA) should work in coordinated manner for revival of Jet Airways, so as to...
DS Group acquires Viceroy Bangalore Hotels through insolvency process
The NCLT has approved the Rs 300-crore resolution plan by Gutkha manufacturer Dharampal Satyapal Limited (DS Group) for Viceroy Bangalore...
Four questions of law addressed by NCLAT in Go Air order
In upholding the 10th May 2023 order of the New Delhi bench of the NCLT, allowing admission of insolvency petition...
NCLT nod to acquisition of National Steel & Agro Industries by JSW Group
The OP-Jindal led JSW group has made another acquisition through the Corporate Insolvency Resolution process (CIRP) as the National Company...
Tulip Hotels in insolvency for failing to pay Rs 900 cr to Yes Bank
Ajit Kerkar-owned Tulip Hotels Pvt Ltd (corporate debtor) will undergo corporate insolvency resolution process (CIRP) after the Mumbai-bench of the...
Fugitive bizman Nitin Sandesara’s Sterling Oil Resources to undergo insolvency proceedings
Fugitive businessman Nitin Sandesara-owned Sterling Oil Resources Limited (Corporate Debtor) will face the corporate insolvency resolution process after Mumbai-bench of...
Reliance, Adani Group out of race for Future Retail
Reliance Retail Ventures and April Moon Retail, backed by the Adani group, have reportedly pulled out of the race for...
NCLAT closes Mcleod Russel insolvency proceedings after settlement with financial creditor
The National Company Law Appellate Tribunal (NCLAT) has closed the Corporate Insolvency Resolution Process (CIRP) against Mcleod Russel India, the...
Insolvency application filed against Prime Securities
Prime Securities, a provider of diversified, investment banking and corporate advisory services, has informed the exchanges that an insolvency petition...