SC holds Benami Act attachments cannot be challenged before NCLT, upholds IBC moratorium limits
The Supreme Court has delivered a significant ruling clarifying the boundaries between the Insolvency and Bankruptcy Code and the Prohibition...
Uncategorized
NCLT approves Capri Global’s ₹456 crore resolution plan for Mumbai Hospital of Seven Hills Healthcare
The National Company Law Tribunal's Amaravati Special Bench has approved a ₹456 crore resolution plan for Mumbai hospital of Seven...
Creditors asked to submit claims as of Neptune Ventures liquidation process begins
The liquidator of Neptune Ventures and Developers Private Limited has asked all creditors and stakeholders to submit their claims within...
Reliance Retail to acquire insolvent Future Supply Chain for Rs 171 crore
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved Reliance Retail Ventures Limited (RRVL) as the successful bidder for...
BluSmart tech arm pushed into insolvency over Rs 5.8 crore dues
The National Company Law Tribunal (NCLT) in Ahmedabad has admitted BluSmart Mobility Tech Private Limited, the technology arm of the...
Why Dunzo failed to defend itself against insolvency petition
The National Company Law Tribunal (NCLT), Bengaluru Bench, on 6 August admitted Quick-commerce startup Dunzo Digital Private Limited into the...
SC upholds JSW Steel’s acquisition of Bhushan Power and Steel
The Supreme Court on 26 September upheld the acquisition of Bhushan Power and Steel Limited (BPSL) by JSW Steel Limited,...
EoI for Xalta Food and Beverages invited by Oct 7
The corporate insolvency resolution process (CIRP) for Xalta Food and Beverages Private Limited has entered a significant phase with the...
NARCL auctions Rs 3,763-crore debt of Wind World India
The National Asset Reconstruction Company (NARCL), a government-backed bad loan bank, is selling the debt of Wind World India. The...
IDBI Bank files fresh insolvency case against Zee Entertainment
Zee Entertainment Enterprises Ltd (ZEEL) has disclosed that IDBI Bank Ltd has filed an application to initiate insolvency proceedings against...