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...
Canara Bank
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...
Authum Investment & Infrastructure emerges successful bidder for Vas Infrastructure
Authum Investment & Infrastructure Ltd. (BSE: 539177, NSE: AIIL) has been declared the Successful Resolution Applicant (SRA) for Vas Infrastructure...
Raipur-based consultancy bags govt-owned SAIL-SCL Kerala for Rs 30 crore
Raipur-based consultancy firm Chhattisgarh Outsourcing Services Pvt Ltd has won the bid for government owned SAIL-SCL Kerala Ltd. The Kochi...
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...
Naresh Goyal booked Rs 1,000 crore personal expenses in Co. name: ED
The Enforcement Directorate, which arrested ex-Chairman of Jet Airways Naresh Goyal on 1 September 2023, has said that Goyal and...
NCLT admits application for pre-packaged insolvency process of Sudal Industries
The NCLT has admitted the application of Sudal Industries, a registered MSME engaged in the business of manufacture of Aluminium...