NCLT approves Rs 420.86 crore resolution plan for Supertech ORB, offers relief to homebuyers
The National Company Law Tribunal (NCLT), Allahabad Bench, has approved a ₹420.86 crore resolution plan for the embattled real estate...
Eurotas Infrastructure Ltd’s Rs 160 cr assets to e-auctioned on January 19
In a major asset sale under the Insolvency and Bankruptcy Code (IBC), 2016, the liquidator of Eurotas Infrastructure Limited has...
Assets of Shakti Bhog Foods to go under e-auction in January 2026
The assets of Shakti Bhog Foods Limited, a company now under liquidation, will be put up for e-auction in January...
NCLT approves Rashmi Metaliks ₹75 crore resolution plan for Jagdamba Industries
The National Company Law Tribunal (NCLT) Kolkata Bench has formally approved the resolution plan submitted by Rashmi Metaliks Limited for...
Cheema Spintex Limited’s assets valued at ₹57 crore to go under e-auction on December 26
The liquidator of Cheema Spintex Limited, which is undergoing liquidation, has announced an e-auction of the company’s assets later this...
NCLAT dismisses UPJVNL plea in Essar Power MP insolvency case
The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by Uttar Pradesh Jal Vidyut Nigam Ltd (UPJVNL),...
PSU consortium led by MAHAGENCO, NTPC to take over Sinnar Thermal Power for Rs 3,800 crore
The National Company Law Tribunal (NCLT), New Delhi Bench, has approved a resolution plan worth ₹3,800.14 crores for the insolvent Sinnar Thermal...
Parliamentary panel calls for sweeping reforms to rescue India’s insolvency & bankruptcy ecosystem
The Parliamentary Standing Committee on Finance, led by Bhartruhari Mahtab, has urged the Government to implement comprehensive and urgent reforms...
NCLT approves ₹145.26 crore resolution plan for Indo Global Soft
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved a resolution plan worth ₹145.26 crore for the insolvent Indo...
What’s the reason behind Bandhan Bank selling over ₹6,900 crore in stressed assets
In a significant move to clean up its balance sheet, Bandhan Bank Ltd. recently announced plans to sell non-performing assets...