Rs 4,101-cr Adani Power bid for Lanco Amarkantak Power gets NCLT nod
In yet another successful bid through the Insolvency and Bankruptcy Code (IBC), Adani group firm -- Adani Power Ltd –...
Reliance Industries
NCLT allows Mukesh Ambani firm to acquire Reliance Communications Infrastructure
After four years of navigating the insolvency process, Reliance Communications Infrastructure Limited (RCIL) has finally received a lifeline. The National...
NCLT approves Rs 3,651-crore joint bid by Reliance Industries, ACRE for Sintex Industries
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has approved the Rs 3,651-crore resolution plan submitted jointly by...
Alok Industries Q3 numbers fail to impress; accumulated losses at Rs 21,000 crore
Alok Industries, which underwent a corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC) and the resolution process...
Resolution professional has failed to safeguard assets of Future Retail, claims proxy advisory firm
Proxy advisory firm Ingovern Research Services has written a letter to Securities and Exchange Board of India (Sebi) bringing to...
Alok Industries revival faces many challenges
Alok Industries, which underwent a corporate insolvency resolution process, has been making steady progress even if it is struggling to...
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...
Amazon opposes insolvency petition against Future Retail
Even as the Indian Bank Consortium on Thursday requested the National Company Law Tribunal (NCLT) to urgently admit its application...
Reliance Industries emerges successful bidder for textile company Sintex Industries
Reliance Industries Ltd (RIL) successfully bids for another company undergoing corporate insolvency resolution process (CIRP). This time it is listed...
RIL, Welspun Group among four to bid for Sintex Industries
Reliance Industries and Welspun Group are among the four companies which have bid for acquiring Sintex Industries Ltd, a company...