ARCs loan settlement

Insolvency regulator issues code of conduct for CoC

After the Delhi High Court in a recent order in Kunwer Sachdev v. IDBI Bank emphasized the need for a...

Reliance Innoventures

Anil Ambani group moves NCLT to restrain IIHL from using Reliance brand name

Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAVPL), a Reliance Group company, has filed an interim application in the NCLT, seeking...

Real estate

Oberoi Realty arm buys out Nirmal Lifestyle Realty for Rs 273 crore

The National Company Law Tribunal (NCLT) has approved the Rs 273 crore resolution plan submitted by Oberoi Constructions Limited for...

Adani Power

Sarda Energy and Minerals acquires SKS Power Generation (Chhattisgarh) for Rs 2,657 crore

Sarda Energy and Minerals Ltd has successfully bid for SKS Power Generation (Chhattisgarh) Ltd, the coal-based thermal power company located...

Reliance Innoventures

Expedite approvals for implementation Reliance Capital resolution plan: NCLT to regulators

The National Company Law Tribunal on 12 August 2024 directed the regulators like Reserve Bank of India (RBI) and Sebi...

Coffee Day Enterprises

NCLT gives nod to start insolvency proceedings against Coffee Day Enterprises

NCLT Bengaluru admits insolvency petition filed by IDBI Trusteeship Services against Coffee Day Enterprises, the parent company of the Coffee...

Simplex Projects

Ex-promoter Sudarshan Das Mundhra successfully bids for Simplex Projects

Former promoter Sudarshan Das Mundhra has been officially declared the successful resolution applicant for Simplex Projects Limited (corporate debtor) with...

Neeta Chemicals

Upcoming auctions under Insolvency and Bankruptcy Code (IBC)

S.NoDate of AnnouncementDate of E-AuctionsCompanyStatus of AuctionsProcess DocumentPublic Announcement 101/08/202402/09/2024RIGA SUGAR COMPANY LIMITEDOpenClick hereSale Notice ISale Notice II202/08/202405/09/2024NUCLEUS SATELLITE COMMUNICATIONS (MADRAS)...

Adani Power

Adani Power emerges top bidder for KSK Mahanadi with Rs 27k crore

Adani Power has emerged as the top bidder for the debt-ridden 1,800 MW KSK Mahanadi thermal power plant in Chhattisgarh...

Neeta Chemicals

NCLAT gives nod to Byju’s one-time settlement with BCCI

The National Company Law Appellate Tribunal (NCLAT) has overturned a previous decision by the Bengaluru bench of the NCLT to...