Under Videocon resolution plan, govt agencies to receive Rs 5.7 crore against Rs 1,587 crore claims
As per the approved resolution plan of Vedanta Ltd for acquisition of Videocon group of companies, the Anil Agarwal-owned company...
NCLT gives a go ahead to Vedanta bid for Videocon group companies
The National Company Law Tribunal (NCLT) has approved the resolution plan of Vedanta arm Twin Star Technologies Limited for Videocon...
63 Moons to challenge NCLT order allowing Piramal Group to acquire DHFL
63 Moons Technologies has said that it will challenge the order of the National Company Law Tribunal (NCLT), allowing Piramal...
Insolvency regulator is looking for new chairperson as incumbent MS Sahoo retires in Sept
The government of India has invited application for the post of chairperson of the Insolvency and Bankruptcy Board of India...
Fixed deposit holder puts up fight against Piramal Group’s bid for DHFL
Can a writ petition pending in Delhi High Court by a fixed deposit holder put a spanner in Piramal Group’s...
NCLT approves Piramal Group’s bid for DHFL
The Mumbai Bench of NCLT has today approved the resolution plan submitted by Piramal group for acquisition of housing finance...
Tata Steel Mining’s bid for West Bengal-based ferro alloy manufacturer gets lenders’ nod
Tata Steel Mining Limited (TSML), a wholly owned subsidiary of Tata Steel Limited, has been declared as the successful resolution...
No end to Jaypee Infratech CIRP as NBCC submits revised bid
There’s no end to the Jaypee Infratech Corporate Insolvency Resolution Process (CIRP) as NBCC submitted its revised bid for the...
DHFL reports Rs 12,736 crore fraudulent transactions in Jan-March 2020-21
The distressed housing finance company DHFL has reported additional transaction amounting Rs 12,736 crore as fraudulent, undervalued and preferential in...
ArcelorMittal arm offers Rs 4,000 crore for Uttam Galva Steels; CoC approves bid
The Committee of Creditors of Uttam Galva Steels Limited has approved the Resolution Plan submitted by AM Mining India Private...