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...
Bank of India
Kishore Biyani’s Future Retail, once a leading Indian retailer, is being liquidated
The Mumbai bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Future Retail after all attempts...
MEP Infrastructure Developers to undergo insolvency resolution process
Mumbai-based MEP Infrastructure Developers Ltd will undergo corporate insolvency resolution process after the Mumbai bench of the NCLT admitted the...
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...
Kishore Biyani moves HC against BDO forensic audit of Future Retail
Erstwhile promoter of Future Retail Kishore Biyani has filed a writ petition before Bombay High Court challenging the Forensic Audit...
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...
Future Lifestyle Fashion to face insolvency resolution process
Another Future Group company – Future Lifestyle Fashion – is now going to undergo the corporate insolvency process after the...
GoFirst Airlines owes Rs 6,521 crore to banks
GoFirst Airlines owes Rs 6,521 crore to its financial creditors, according to insolvency filings made by the airline in the...
CoC replaces IRP of Technofab Engineering; appoints Atul Mittal as RP
The committee of creditors of Technofab Engineering Limited voted to replace interim resolution professional Pradeep Kumar Kabra with resolution professional...
Rolta India is back in insolvency court, this time for defaulting on a payment of Rs 1,413 crore
After multiple failed attempts earlier, Rolta India will again face insolvency proceedings after the latest insolvency application filed by Union...