NCLT orders liquidation of low-cost airline Go First
The National Company Law Tribunal (NCLT) has ordered the liquidation of the grounded low-cost airline, Go First. The decision was...
Reliance Naval and Engineering shares get relisted at Rs 35.99 a piece
Shares of Swan Defence and Heavy Industries Limited (formerly Reliance Naval and Engineering Limited, RNEL) got relisted on the exchanges...
NCLT approves Aspect Global Ventures resolution plan for Rite Builtec
RP Amit Karia The National Company Law Tribunal (NCLT), Mumbai on 16th January 2025 approved the resolution plan for the...
NCLT orders liquidation of Tulip Hotels in absence of a resolution plan
The National Company Law Tribunal (NCLT), Mumbai Bench, has ordered the liquidation of Tulip Hotels Pvt. Ltd., marking the latest...
CS Executive Entrance Test results on 20th January
The result of CS Executive Entrance Test (CSEET) held on 11th January, 2025 and 13th January, 2025 is scheduled to be declared...
ED attaches Rs 486 crore property in Bhushan Power and Steel bank fraud case
The Directorate of Enforcement (ED), Delhi Zonal Office, has provisionally attached an immovable property valued at approximately ₹486 crore in...
NARCL may acquire Jaiprakash Associates assets for Rs 12,000 crore
The National Asset Reconstruction Company Ltd (NARCL), a government-backed entity established to address non-performing assets in India's banking sector, has...
Small finance banks growth to moderate in FY2025 amid industry headwinds: ICRA Report
Small finance banks (SFBs) have experienced robust growth in recent years, propelled by strong credit demand and an expanded range...
JSW Energy to acquire KSK Mahanadi Power for Rs 15,985 crore
JSW Energy Limited has received the Letter of Intent (LoI) for its resolution plan to acquire KSK Mahanadi Power Company...
IBBI mandates eBKray auction platform for liquidation processes
In a significant move to enhance transparency and streamline the liquidation process, the Insolvency and Bankruptcy Board of India (IBBI)...