Three bidders in fray for McNally Bharat Engineering
Three bidders are in the fray for Kolkata-based McNally Bharat Engineering Company Ltd, which is undergoing corporate insolvency resolution process....
Gayatri Projects creditors submits claims of Rs 7,947 crore
Creditors of Gayatri Projects have submitted claims of Rs 7,947 crore as the corporate insolvency resolution process gets underway. The...
Reliance Capital base price for e-auction fixed at Rs 5,300 crore
The e-auction for Reliance Capital will be an ascending auction process, with the base bid price will be Rs 5300...
Auditors detect ‘fraudulent’ transactions in Andhra Cements
The Resolution Professional of Andhra Cements Limited -- Kirit Pujara –has filed application for avoidance of transactions with the Amravati...
Reliance General Insurance urgently seeks Rs 600 crores capital infusion from Reliance Capital
Reliance General Insurance Company Ltd. (RGICL) has sought Rs 600 crores capital infusion from Reliance Capital on an urgent basis....
Reliance Capital resolution process now a three-horse race?
As the Committee of Creditors (CoC) of Reliance Capital meet on 9 December 2022, what direction the resolution process could...
Reliance Capital staring at liquidation?
Is Reliance Capital staring at liquidation? Apparently, the RBI-appointed administrator is not happy with the bids received so far as...
Resolution professional has failed to safeguard assets of Future Retail, claims proxy advisory firm
Proxy advisory firm Ingovern Research Services has written a letter to Securities and Exchange Board of India (Sebi) bringing to...
Insolvency application against Rediff.com rejected by tribunal
Insolvency petition against Rediff.com, the Mumbai-based News and Information, Enterprise Email Services and Online Shopping Marketplace firm, was rejected by the National Company...
UK company insolvencies up 38% in Oct’22; compulsory liquidation more than 4 times last year
The number of registered company insolvencies in the UK rose 38% year-on-year to 1,948 in October 2022. In the same...