SBI

Technofab Engineering

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

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...

Insolvency circulars

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...

KS Oil Liquidation

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...

Prevention of Corruption Act

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...

Reliance Innoventures

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...

Reliance Innoventures

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...