ED hands over ₹4,025-cr asset of Bhushan Power and Steel to JSW
The Directorate of Enforcement (ED) has restituted assets worth ₹4,025 crore to JSW Steel Ltd., the Successful Resolution Applicant (SRA)...
New committee to look into fresh list of accounts to be transferred to NARCL
The finance ministry has set up a committee under the chairpersonship of SBI chairman examine and submit a fresh list...
NCLAT upholds financial creditor status of Compulsorily Convertible Debentures holders
In a significant ruling, the National Company Law Appellate Tribunal (NCLAT) has clarified that Compulsorily Convertible Debentures (CCDs) can be...
Denim maker Blue Blends gets acquired for Rs 28.75 crore by Gujarat businessman
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Rs 28.75-crore resolution plan for Blue Blends...
Rs 2,566-crore properties of Mehul Choksi up for sale
An order by a PMLA court in Mumbai has paved the way for auctioning of Rs 2,566-crore worth of properties...
Need for collaboration among stakeholders for effective restructuring: RBI Dy Governor
The Insolvency and Bankruptcy Board of India (IBBI), in collaboration with INSOL India, hosted the International Conclave 2024, themed “Insolvency...
ED raids on Shilpi Cable promoters’ premises
Directorate of Enforcement (ED), Delhi Zonal Office, conducted search operations on 04 December 2024 at 18 locations in Delhi, NCR...
India needs to prove a strong stressed asset ecosystem is working on ground: Dinkar Venkatasubramanian
If India has to attract private debt to fuel growth, it needs to give investors the confidence that a strong...
Mercury Terra Firma acquires Shree Rajeshwaranand Paper Mills for Rs 48 crore
The Ahmedabad bench of the NCLT has approved the Rs 48.17 crore resolution plan by Mercury Terra Firma for corporate...
Swan Energy restarts Reliance Naval and Engineering shipyard
Swan Energy Limited (SEL), a leading global conglomerate with diversified interests in Textile, Real Estate, Oil & Gas and Shipbuilding...