NCLT nod to Rs 180-cr resolution plan for Capricorn Food Products India Ltd
The National Company Law Tribunal (NCLT) has approved the Rs 180-crore resolution plan for Chennai-based Capricorn Food Products India Ltd....
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Govt-owned CONCOR to face insolvency resolution process
Public sector container and transportation company -- Container Corporation of India Limited (CONCOR) – will have to face Corporate Insolvency...
Reliance Retail among three in race for Future Enterprises
Reliance Retail Ventures, the retail arm of Mukesh Ambani-owned Reliance Industries, is among the three companies in the race for...
28th July last date for submitting EoIs for Future Lifestyle Fashion
Future Lifestyle Fashion (FLFL), the erstwhile flagship fashion business of Future Group, has invited expressions of interest (EoIs) from prospective...
Go First invites EoIs from prospective bidders; 9 Aug last date for filing EoIs
Go First, the Indian airline company, has floated an Expression of Interest (EoI) from potential bidders. The resolution professional, Shailendra...
Lenders move Supreme Court seeking liquidation of Jet Airways
Frustrated with the delays in the airline's revival, lenders of Jet Airways have moved the Supreme Court seeking liquidation of...
Section 66 of IBC cannot be used to recover dues from 3rd parties: Supreme Court
The Supreme Court in a recent order has said that the remedy against third parties for recovery of dues payable...
Jaiprakash Associates defaults on repayment of Rs 4,044 crore loan
Jaiprakash Associates Ltd (JAL) defaulted on a payment of Rs 4,044 crore on 30 June 2023. Out of Rs 4,044...
Rs 501-crore resolution plan for Indu Projects gets NCLT approval
The Rs 501-crore resolution plan submitted by B Subba Reddy in consortium with C Venkateswara Reddy for Indu Projects Limited...
Desperate Go Airlines passengers make calls, write mails to NCLT for refunds
Desperate for refunds of their ticket prices, passengers of Go Airlines have been sending mails and making phone calls to...