Creditors of Starlit Power Systems submit Rs 45 crore claims
The creditors of Starlit Power Systems Limited, which is under corporate insolvency resolution process, has submitted claims of Rs 45.28...
PNB
NCLT rejects Ocean Cap Market bid for ARSS Infrastructure Projects
The Cuttack bench of the National Company Law Tribunal on 18 April 2023 rejected the resolution application filed by the...
CoC for RCI Industries constituted; Rs 268 crore claims submitted
The committee of creditors (CoC) for resolution of RCI Industries and Technologies Ltd insolvency case has been recently constituted with...
Can Kohinoor Foods survive flurry of insolvency petitions filed against it?
Can Kohinoor Foods survive the flurry insolvency proceedings initiated against it by both financial as well as operational creditors? The...
ED attaches Rs 14.45 cr assets of Mehul Chowksi, Gitanjali Group in PNB loan fraud case
The Enforcement Directorate (ED) has issued a provisional attachment order attaching assets worth Rs 14.45 crores of Gitanjali Group of...
Jatin Mehta’s Winsome Diamond, Forever Precious Jewellery now under liquidation
Jatin Mehta-owned Winsome Diamond and Jewellery Ltd, an exporter of polished diamond, and Forever Precious Jewellery and Diamonds, designer and...
PNB receives $3.25 mn from liquidation of Nirav Modi-owned Cos in US
Punjab National Bank (PNB) has received Rs 24.33 crore ($3.25 million) as proceeds from the liquidation of Nirav Modi-owned companies...