Salient features of resolution plan OCL Iron and Steel
The Cuttack bench of the NCLT has approved the resolution plan by Indrani Patnaik for OCL Iron and Steel. The...
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Welspun Group acquires Sintex-BAPL for Rs 1,251 crore
The National company Law Tribunal (NCLT) has approved the Rs 1,251 crore resolution plan submitted by Propel Consortium – a...
SC gives a go-ahead to second round of auction for Reliance Capital
The Supreme Court of India on Monday gave a major setback to Torrent Investments as it refused to stay NCLAT...
Ansal Properties invites EoI for Fernhill project; 29 March last date for submission of EoI
The Insolvency Resolution Professional (IRP) -- Ashwani Kumar Singla – has invited Expression of Interest (EoI) for Fernhill Project, Gurgaon,...
Swan Energy to delay upfront payment for Reliance Naval and Engineering
Swan Energy Limited (SEL), the successful resolution applicant for Reliance Naval and Engineering Ltd, has sought more time for the...
GAIL (India) resolution plan for JBF Petrochemicals approved by NCLT
The Ahmedabad bench of the NCLT has given its nod to the resolution plan submitted by public sector GAIL (India)...
IBBI conducts 27th Basic Workshop for Insolvency Professionals
The Insolvency and Bankruptcy Board of India (IBBI) is conducting a one-day Basic Workshop on Insolvency and Bankruptcy Code, 2016,...
Over 21,000 cases pending with NCLT, government informs parliament
The government has informed parliament that 21,205 cases are pending with different benches of National Company Law Tribunal (NCLT) as...
Resolution professional detects Rs 15,000 cr fraudulent transactions in Future Retail
The resolution professional of Future Retail – Vijay Kumar V Iyer-- has informed the exchanges that he has detected Rs...
Religare Finvest completes one-time settlement with 16 lenders
Religare Enterprises Limited's wholly-owned subsidiary Religare Finvest Limited (RFL) has completed the One-Time-Settlement (OTS) with 16 lenders on 8th March...