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...
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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...
Reliance Retail-backed delivery startup Dunzo Digital to face insolvency proceedings
The National Company Law Tribunal (NCLT) has dismissed a fresh insolvency plea filed by Exotel Techcom Pvt. Ltd. against Dunzo...
Bank of Baroda classifies Anil Ambani and RCom as ‘fraud’, alleges fund diversion
In a significant development, state-owned Bank of Baroda (BoB) has classified the loan accounts of debt-laden Reliance Communications Limited, also...
40 kg gold, diamonds from Nirav Modi’s Firestar International up for sale
In a significant move to liquidate assets for creditors, the liquidator of Firestar International Limited has announced an e-auction for...