Piramal Capital and Housing Finance drags Sunblink Real Estate to insolvency court
As we enter 2025, we bring you a list of companies against whom the corporate insolvency resolution process started. The...
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NCLT approves Mangalam Multiplex resolution plan for Varutha Developers
The National Company Law Tribunal (NCLT), Kolkata, has approved Rs 310-crore resolution plan by Mangalam Multiplex Pvt. Ltd for debt-ridden...
NCLT approves Rs 55.51-cr resolution plan for Purulia Metal Casting
The Kolkata Bench of the National Company Law Tribunal (NCLT) approved the resolution plan submitted by DD International Private Limited for debt-ridden...
SWAMIH fund enables completion of 50,000 stalled homes
The SWAMIH Investment Fund I has emerged as a transformative initiative in India’s real estate sector, delivering over 50,000 homes...
Indian banks face risks amid unsecured retail loan stress: Fitch Ratings
Fitch Ratings has expressed concerns about increasing stress in Indian banks' unsecured retail loan portfolios, which could challenge projections for...
Bookstore chain Books Inc files for Chapter 11 bankruptcy
Books Inc., the San Francisco Bay Area's oldest independent bookstore chain, announced on January 21, 2025, that it has filed...
NCLT dismisses Akshay Kumar insolvency plea against ed-tech firm Cue Learn
Bollywood actor Akshay Kumar recently faced a setback in his legal battle as the National Company Law Tribunal (NCLT) dismissed...
NCLT orders liquidation of low-cost airline Go First
The National Company Law Tribunal (NCLT) has ordered the liquidation of the grounded low-cost airline, Go First. The decision was...
Reliance Naval and Engineering shares get relisted at Rs 35.99 a piece
Shares of Swan Defence and Heavy Industries Limited (formerly Reliance Naval and Engineering Limited, RNEL) got relisted on the exchanges...
NCLT approves Aspect Global Ventures resolution plan for Rite Builtec
RP Amit Karia The National Company Law Tribunal (NCLT), Mumbai on 16th January 2025 approved the resolution plan for the...