India’s insolvency regulator proposes unified valuation standard
The Insolvency and Bankruptcy Board of India (IBBI) has unveiled a comprehensive set of proposals aimed at overhauling the valuation...
IL&FS seeks overhaul of creditor committees after ₹18,665 crore payout
Infrastructure Leasing & Financial Services Ltd. (IL&FS) has informed the National Company Law Appellate Tribunal (NCLAT) that it has discharged...
NCLT approves Rs 12.80-cr resolution plan for Sterling Healthcare
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the Rs 12.80-crore resolution plan submitted by Kanak S. Kewalramani...
ED arrests former Jaypee Group chief Manoj Gaur in money-laundering case
The Enforcement Directorate (ED) on Thursday arrested Manoj Gaur, former executive chairman and CEO of Jaiprakash Associates Ltd (JAL) and...
Manipal group submits EoI for acquiring Byju’s
Dr Ranjan Pai-led Manipal Education and Medical Group India Pvt Ltd (MEMG India) has formally submitted an Expression of Interest...
NCLT approves Poly Medicure’s ₹33.15 crore resolution plan for Himalayan Mineral Waters
The National Company Law Tribunal (NCLT), Allahabad Bench, has approved the resolution plan submitted by Poly Medicure Limited for Himalayan Mineral Waters Private...
Rakesh Shah of GSEC buys out Ushdev Engitech for Rs 95 crore
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the resolution plan submitted by Rakesh Ramanlal Shah for Ushdev Engitech Limited,...
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...
NCLT admits twin insolvency pleas by NARCL against Era Infra Group cos
The National Company Law Tribunal (NCLT) in New Delhi has simultaneously admitted two separate insolvency pleas against its subsidiary companies...
JTL Industries acquires RCI Industries for Rs 46.5 crore
The National Company Law Tribunal (NCLT), New Delhi Bench, has approved the resolution plan submitted by JTL Industries Limited for...