Vedanta Group chairman hints at ‘foulplay’ in Jaiprakash Associate resolution process
Chairman of Vedanta Group, Anil Agarwal, has escalated tensions with the Adani Group after the latter managed to outbid Vedanta...
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LG Chem Life Sciences India enters voluntary liquidation; Move aligns with global corporate restructuring
LG Chem Life Sciences India Private Limited has officially commenced a voluntary liquidation process, marking a significant structural shift for...
SC upholds Varutha Developers resolution plan; rejects plea by unsuccessful bidder
In a ruling reinforcing the finality of insolvency proceedings under the Insolvency and Bankruptcy Code (IBC), the Supreme Court of...
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...
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,...