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...
Canara Bank
Govt-owned SAIL-SCL Kerala to face insolvency proceedings
SAIL-SCL Kerala, a 50-50 joint venture between Central government-owned Steel Authority of India Ltd (SAIL) and the government of Kerala,...
NCLAT dismisses insolvency regulator’s plea in GTL Infrastructure CIRP case
The National Company Law Appellate Tribunal (NCLAT) dismisses a plea filed by the insolvency regulator -- Insolvency and Bankruptcy Board...
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...
Economic Survey explains the need for bad bank
Many experts have wondered what was the need for the government-backed asset reconstruction company – National Asset Reconstruction Company Ltd...
Canara Bank clarifies exposure to Transstroy (India) only Rs 678 crore
Government-owned Canara Bank has clarified that it has a total exposure of Rs 678.28 crore in Transstroy (India) Ltd, which...