IL&FS Group to make interim payment of Rs 5,000 crore to creditors
IL&FS Group companies have initiated an interim distribution of Rs 5,000 crore – including Rs 3,500 crore of Infrastructure Investment...
bank of Baroda
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...
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...
IL&FS Group pays off Rs 35,650 crore debt; initiates dividend pay out of Rs 810 crore
IL&FS Group has discharged an aggregate debt of around Rs 35,650 crore by way of monetization of assets, auto debits...
Financial creditors of Future Lifestyle Fashions submit Rs 2,155 crore claims
The financial creditors of Future Lifestyle Fashions Ltd have submitted claims of Rs 2,155 crore, out of which Rs 2,117...
Rolta India creditors submits claims of over Rs 10,000 crore
The lenders of Rolta India have submitted claims of Rs 10,095 crore as of now. The claims have been submitted...
Wilful defaulters owe over Rs 3.11 lakh crore to banks as on 30 June 2022
Wilful defaulters owed over Rs 3.11 lakh crore to banks as on 30 June 2022, most to the public sector...
Gayatri Projects creditors submits claims of Rs 7,947 crore
Creditors of Gayatri Projects have submitted claims of Rs 7,947 crore as the corporate insolvency resolution process gets underway. The...
Apex Court allows resolution plan of MBL Infrastructure despite Section 29A breach
The Supreme Court of India has rejected an appeal by dissenting creditors of MBL Infrastructure to quash an NCLT order...