Gaming startup Giga Fun Studios files for voluntary liquidation
Giga Fun Studios Private Limited, a Bengaluru-based mobile casual gaming startup, has commenced a voluntary liquidation process, according to a...
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...
NCLT admits Bhilai Jaypee Cement for insolvency over Rs 45-crore coal debt
The National Company Law Tribunal (NCLT), Cuttack Bench, has admitted Bhilai Jaypee Cement Limited for corporate insolvency after it defaulted...
Vijay Mallya withdraws application for annulment of UK bankruptcy order
Vijay Mallya, wanted in India on fraud and money laundering charges, has withdrawn his application to annul a UK bankruptcy...
Thane land of Sapphire Space Infracon set for e-auction; reserve price fixed at Rs 42 crore
Prime land parcels spanning over 32 acres in Thane district, owned by Sapphire Space Infracon Private Limited and its associate...
Ballarpur Industries emerges from insolvency under new ownership, faces legacy financial challenges
Ballarpur Industries Limited (BILT), once a flagship entity of the Avantha Group and a leading name in India's paper industry,...
Central Bank of India classifies Reliance Communications Rs 368-cr loan account as fraud
In a significant development, Reliance Communications Limited (RCom) has informed the stock exchanges that the Central Bank of India has...
Rs 280-cr assets of bankrupt REI Agro go under the hammer in mega e-auction
The liquidator of the insolvent REI Agro Limited has initiated a mega e-auction to sell the company's manufacturing assets located...
Long liquidation battle of Punj Lloyd — failed going concern sale offset by piecemeal asset auctions
The liquidation saga of engineering major Punj Lloyd Limited, once a powerhouse in the EPC sector, continues to be characterized...