SC reserves judgment in Bhushan Power and Steel case
The Supreme Court of India, on August 11, 2025, reserved its judgment in the ongoing legal battle surrounding JSW Steel's...
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Saasa Musa Sugar to be auctioned as ‘going concern’ at reserve price of Rs 92.25 crore
Saasa Musa Sugar Works Private Limited, a company undergoing liquidation under the IBC, is set to be sold as a...
Jaypee Cement assets on the block as insolvency process accelerates
Debt-laden Jaypee Cement Corporation Limited (JCCL) has formally invited bids for its revival, kicking off a corporate insolvency resolution process (CIRP) that...
NCLT approves Omkar Speciality Chemicals revival plan, overrules objections from minority lenders
The National Company Law Tribunal (NCLT), Mumbai Bench-II, has approved the Rs 25.65 crore resolution plan submitted by Kshitij Polyline...
Banks must strictly follow personal guarantee agreements: NCLT
In a landmark ruling, the National Company Law Tribunal (NCLT), Kochi Bench, has brought relief for three personal guarantors entangled...
Crisis-hit IndusInd Bank appoints Rajiv Anand as new MD, CEO
IndusInd Bank has appointed Rajiv Anand as its new Managing Director and CEO for a three-year term, effective August 25,...
Rs 6,000 cr NPA of IL&FS Tamil Nadu power arm reclassified as standard loan
In a major development, Rs 6,000 crore loan of IL&FS Tamil Nadu Power Company Ltd (ITPCL) has been reclassified from...
Delhi High Court quashes ‘Fraud’ classification against Religare Finvest
The Delhi High Court has delivered a major legal victory to Religare Finvest Limited (RFL), a material subsidiary of Religare...
SC recalls order liquidating Bhushan Power; allows review petition
In a major development, the Supreme Court on Thursday recalled its May 2 judgment that had ordered the liquidation of...
Punj Lloyd to go under the hammer at reserve price of Rs 308 cr; e-auction on 4th Aug
The 13th round of e-auction of assets of Punj Lloyd Limited under the liquidation process will take place on 4th...