VHM Industries to undergo insolvency resolution process
Mumbai-based textile company -- VHM Industries Limited – will undergo corporate insolvency resolution process after the Mumbai-bench of the NCLT...
SBI
NCLT gives nod to initiate insolvency proceedings against Technofab Engineering
Corporate insolvency resolution process (CIRP) has been initiated against Technofab Engineering Limited, the New Delhi-based engineering and construction company informed...
Jyoti Structures road to recovery
Jyoti Structures, which was acquired by Sharad Sanghi along with other NRI investors, has formally become a 100% public listed...
SBI initiates insolvency proceedings against corporate guarantors of Mastana Foods
The State Bank of India (SBI) has filed an individual insolvency petition at the National Company Law Tribunal (NCLT) against...
NCLAT orders liquidation of KS Oils as NCLT ‘ignores’ creditors’ repeated petitions
In a scathing commentary on the failure of the National Company Law Tribunal (NCLT) to perform its role, the National...
CBI files Rs 3,269-crore bank fraud case against Shakti Bhog Foods
The Central Bureau of Investigation (CBI) has registered a case of bank fraud against New Delhi-based Shakti Bhog Foods on...
Delhi HC stays personal insolvency proceeding against Anil Ambani
The Delhi High Court has stayed personal insolvency proceedings against Anil Ambani started by State Bank of India. The two-judge...
Anil Ambani now faces personal bankruptcy case
In a major development, the National Company Law Tribunal (NCLT) has paved the way for starting of individual insolvency proceedings...