Omkara ARC acquires Rs 3,763 crore debt of Wind World India
Omkara Asset Reconstruction Company (Omkara ARC) has acquired the entire Rs 3,763 crore debt of Wind World India Limited (WWIL). The acquisition...
List of Byju’s assets up for sale under insolvency resolution process
As edtech company Byju’s parent company is up for sale as part of its ongoing Corporate Insolvency Resolution Process (CIRP),...
Two Anil Ambani firms with Rs 830 cr dues get sold off for Rs 46 lakh
Two companies formerly associated with the Anil Ambani-led Reliance Group – Thwink Big Content Private Limited and Pifiniti Movies Private Limited – were sold off...
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...
Visa Steel exits insolvency as NCLT allows withdrawal of CIRP proceedings
In a significant turnaround, Visa Steel Limited has successfully exited the Corporate Insolvency Resolution Process (CIRP) after the National Company...
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,...
Kolkata-based Priya Food staring at insolvency; Aditya Birla Capital plea against company admitted in NCLT
The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted a petition filed by Aditya Birla Capital Limited to initiate...
BYJU’S insolvency: EoI deadline extended as bidders show little interest
Shailendra Ajmera - the Resolution Professional (RP) in the corporate insolvency resolution process (CIRP) of Think & Learn Private Limited,...
EoI for Xalta Food and Beverages invited by Oct 7
The corporate insolvency resolution process (CIRP) for Xalta Food and Beverages Private Limited has entered a significant phase with the...
NCLT admits Reliance Home Finance into insolvency proceedings
In a significant development, the National Company Law Tribunal (NCLT), Mumbai Bench, has admitted Reliance Home Finance Limited (RHFL) for...