SC reserves judgment in Bhushan Power and Steel case
The Supreme Court of India, on August 11, 2025, reserved its judgment in the ongoing legal battle surrounding JSW Steel's...
Saasa Musa Sugar to be auctioned as ‘going concern’ at reserve price of Rs 92.25 crore
Saasa Musa Sugar Works Private Limited, a company undergoing liquidation under the IBC, is set to be sold as a...
Jaypee Cement assets on the block as insolvency process accelerates
Debt-laden Jaypee Cement Corporation Limited (JCCL) has formally invited bids for its revival, kicking off a corporate insolvency resolution process (CIRP) that...
NCLT approves Omkar Speciality Chemicals revival plan, overrules objections from minority lenders
The National Company Law Tribunal (NCLT), Mumbai Bench-II, has approved the Rs 25.65 crore resolution plan submitted by Kshitij Polyline...
Banks must strictly follow personal guarantee agreements: NCLT
In a landmark ruling, the National Company Law Tribunal (NCLT), Kochi Bench, has brought relief for three personal guarantors entangled...
Crisis-hit IndusInd Bank appoints Rajiv Anand as new MD, CEO
IndusInd Bank has appointed Rajiv Anand as its new Managing Director and CEO for a three-year term, effective August 25,...
Rs 6,000 cr NPA of IL&FS Tamil Nadu power arm reclassified as standard loan
In a major development, Rs 6,000 crore loan of IL&FS Tamil Nadu Power Company Ltd (ITPCL) has been reclassified from...
Delhi High Court quashes ‘Fraud’ classification against Religare Finvest
The Delhi High Court has delivered a major legal victory to Religare Finvest Limited (RFL), a material subsidiary of Religare...
SC recalls order liquidating Bhushan Power; allows review petition
In a major development, the Supreme Court on Thursday recalled its May 2 judgment that had ordered the liquidation of...
Punj Lloyd to go under the hammer at reserve price of Rs 308 cr; e-auction on 4th Aug
The 13th round of e-auction of assets of Punj Lloyd Limited under the liquidation process will take place on 4th...