Nakoda Surat yarn plant back on the block at ₹68.45 crore, well below last year’s ₹167-crore ask
The liquidator of Nakoda Ltd, the Surat-based polyester yarn maker being wound up under the Insolvency and Bankruptcy Code (IBC),...
Canara Bank
Birbhum Chemicals liquidator puts land, vehicles and plant back on the block at ₹18.82 crore
The liquidator of Birbhum Chemicals and Fertilisers Ltd has invited bids for the company’s land and building, 21 vehicles and...
Gummidipoondi thermal plant of ARS Energy on the block at Rs 211.94 crore reserve price
The liquidator of ARS Energy Pvt Ltd has put the company's 60 MW coal-based thermal power plant at Gummidipoondi in...
Liquidator puts Grids Steel & Alloys’ Cuttack plant on the block for ₹32.56 crore
The liquidator of Grids Steel & Alloys Ltd, an Odisha steel company under liquidation, has invited bids for its plant...
NCLT rejects Authum Investment’s resolution plan for Vas Infrastructure
The National Company Law Tribunal (NCLT), Mumbai Bench, has rejected the resolution plan submitted by Authum Investment and Infrastructure Ltd...
Yatin Steels India liquidator invites bids for ₹476 crore assets
Following a prolonged insolvency process that failed to yield a viable rescue plan, the Mumbai Bench of the National Company...
EoI for ARS Energy invited; Nov 8 is last date for submission of resolution plans
ARS Energy Private Limited, the owner of a 60 MW thermal power plant in Gummidipundi, has been admitted into the...
Canara Bank removes fraud tag on Reliance Communications loan account
In a major reversal, and a setback to the State Bank of India’s efforts to recover dues from Reliance Communications...
Rs 44-crore assets of Rajat Wires to be auctioned on July 3
The assets of Rajat Wires Private Limited, currently under liquidation, will go under the hammer through an e-auction scheduled for...
NCLAT allows banks to pursue action against former IL&FS directors not on current board
The National Company Law Appellate Tribunal (NCLAT) has allowed Canara Bank and Indian Bank to proceed with actions to classify...