Hallmark Emerald project heads to auction a tenth time; liquidator raises reserve price to Rs 70 cr
The liquidator of Hallmark Living Space Private Limited has put the company's abandoned "Emerald" township on the GST Road at...
Vrundavan Ceramic Morbi plant and receivables book go under the hammer in twin-parcel auction
The liquidator of Vrundavan Ceramic Private Limited has put the company's Morbi-district manufacturing property and, separately, its entire book of...
Mankind Pharma to absorb Bharat Serums’ business through voluntary liquidation, bypassing NCLT merger route
Mankind Pharma will take over the entire business of Bharat Serums and Vaccines Limited (BSVL) through a voluntary liquidation of...
IBBI proposes tighter safeguards for personal guarantors in insolvency cases
The Insolvency and Bankruptcy Board of India (IBBI) has proposed tighter safeguards in the insolvency resolution process for personal guarantors...
Shakti Bhog Foods factory reserve price cut 23% as Delhi property book returns to auction at ₹40 crore
The liquidator of Shakti Bhog Foods Limited has issued a fresh e-auction notice for the collapsed flour major's Delhi property...
NCLT approves Fincare Enterprises Rs 7.43-cr plan for Central Departmental Stores
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved a Rs 7.43 crore resolution plan submitted by...
OSIL Exports assets, guarantor’s Panipat land put up for Rs 117.64-crore e-auction
Assets of debt-laden OSIL Exports Ltd, along with land belonging to the late company promoter and personal guarantor Krishan Kumar...
NCLT clears Rs 1,611-crore Shree Naman plan for Gstaad Hotels; secured lenders to recover 138.7% of claims
The Mumbai bench of the National Company Law Tribunal has approved a Rs 1,611-crore resolution plan submitted by Shree Naman...
Why Adani is fighting to keep IVRCL’s IOT Utkal stake out of liquidation
IOT Utkal Energy Services Ltd is an SPV incorporated in 2009 to set up crude and product storage facilities on...
CBI books Subhash Chandra, four firms over alleged ₹1,322-crore loan fraud at LIC Housing Finance
The Central Bureau of Investigation has booked Essel Group promoter Subhash Chandra and four borrower companies for allegedly orchestrating a...