Bank of India

Cape Town Convention

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...

Technofab Engineering

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

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...

McNally Bharat Engineering

Three bidders in fray for McNally Bharat Engineering

Three bidders are in the fray for Kolkata-based McNally Bharat Engineering Company Ltd, which is undergoing corporate insolvency resolution process....

Future Retail

Financial creditors of Future Retail submits over Rs 21,000 crore claims

Financial creditors of Future Retail Ltd have submitted claims of ₹21,058 crore under the ongoing corporate insolvency resolution process (CIRP). As...

Amazon

NCLT snubs Amazon as it dismisses latter’s plea against insolvency petition of Future Retail

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s plea to initiate corporate...

Sterling Biotech Fraud

Just out of insolvency, Kwality Ltd now under CBI net for duping banks of Rs 1,400 crore

Another corporate debtor undergoing insolvency proceedings finds itself on the wrong side of the law.  The Central Bureau of Investigation...