NCLT approves Rs 256-crore resolution plan for Action Ispat and Power
The New Delhi bench of the NCLT has approved the Rs 256-crore resolution plan of Ocean Capital Market Ltd for...
SBI
NCLT approves Ramkrishna Forgings Rs 125-cr resolution plan for JMT Auto
The New Delhi bench of NCLT has approved the Rs 125-crore resolution plan submitted by Ramkrishna Forgings Limited for the...
A lowdown on NARCL’s resolution plan for SREI Infrastructure Finance
The resolution plan submitted by National Asset Reconstruction Company Ltd (NARCL) for debt-ridden SREI Infrastructure Finance Ltd and SREI Equipment...
Financial creditors of Future Lifestyle Fashions submit Rs 2,155 crore claims
The financial creditors of Future Lifestyle Fashions Ltd have submitted claims of Rs 2,155 crore, out of which Rs 2,117...
Jalan-Kalrock consortium gets 108 more days to infuse capital into Jet Airways
The Lenders and successful resolution applicant (SRA) should work in coordinated manner for revival of Jet Airways, so as to...
Fugitive bizman Nitin Sandesara’s Sterling Oil Resources to undergo insolvency proceedings
Fugitive businessman Nitin Sandesara-owned Sterling Oil Resources Limited (Corporate Debtor) will face the corporate insolvency resolution process after Mumbai-bench of...
NCLT orders liquidation of EPC firm CCCL
The Chennai bench of the NCLT has pronounced initiation of liquidation process against Consolidated Construction Consortium Limited (CCCL), a Chennai-based...
ARSS Infrastructure Projects goes into liquidation after NCLT rejects resolution plan
The Cuttack bench of the National Company Law Tribunal, which rejected the resolution plan of Ocean Capital Market Limited (OCML)...
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 replaces IRP of Technofab Engineering; appoints Atul Mittal as RP
The committee of creditors of Technofab Engineering Limited voted to replace interim resolution professional Pradeep Kumar Kabra with resolution professional...