EoI for ARS Energy invited; Nov 8 is last date for submission of resolution plans
ARS Energy Private Limited, the owner of a 60 MW thermal power plant in Gummidipundi, has been admitted into the...
CBI files chargesheet against Anil Ambani Group, Yes Bank officials in Rs 5,010 crore fraud case
The Central Bureau of Investigation (CBI) today filed chargesheets in two cases related to fraudulent financial transactions involving Anil Ambani's...
Gensol Engineering invites EoIs; deadline for submission of resolution plans is Nov 29
Gensol Engineering Limited, a significant player in the solar and electric vehicle sectors, has officially invited Expressions of Interest (EoI)...
SBI makes 3.6 times gain as it fetches Rs 8,889 crore by selling 13.18% stake in Yes Bank
The State Bank of India (SBI) officially announced on Wednesday the completion of its divestment of a significant 13.18% stake...
NCLT admits Fortune Spirit into insolvency on IDBI Bank’s plea
The National Company Law Tribunal (NCLT), Cuttack Bench, has admitted liquor manufacturer Fortune Spirit Limited into the Corporate Insolvency Resolution...
Supreme Court shields genuine homebuyers, curbs speculative investors from misusing insolvency law
In a landmark judgment with far-reaching implications for India's real estate sector, the Supreme Court has firmly distinguished between genuine...
NARCL auctions Rs 3,763-crore debt of Wind World India
The National Asset Reconstruction Company (NARCL), a government-backed bad loan bank, is selling the debt of Wind World India. The...
MBL Infrastructure subsidiary exits insolvency with approved resolution plan
MBL Infrastructure Ltd (MBL) today announced a significant development in the Corporate Insolvency Resolution Process (CIRP) of its wholly-owned subsidiary,...
Rs 31 crore assets of Manthan Broadband Services up for auction on 9 Oct
Manthan Broadband Services Private Limited, which is under liquidation, has announced an e-auction of its assets worth over Rs 31...
IDBI Bank files fresh insolvency case against Zee Entertainment
Zee Entertainment Enterprises Ltd (ZEEL) has disclosed that IDBI Bank Ltd has filed an application to initiate insolvency proceedings against...