NCLT approves Rs 1,600 crore Deccan Value Investors bid for Metalyst Forgings
The Mumbai bench of the NCLT has approved the Rs 1,600 crore resolution plan submitted by submitted by a consortium...
state bank of india
Jet Airways insolvency: SC asks JKC to deposit Rs 150 crore by 31 January
The Supreme Court on 18 January 2024 directed Jalan-Kalrock Consortium (JKC) to deposit Rs 150 crore by 31 January in...
ED raids Ex-MD of Bhushan steel in Rs 56,000 loan fraud case
The Enforcement Directorate (ED) conducted search and survey operations on 13 October 2023 at 30 locations in Delhi NCR, Haryana,...
SBI to withdraw insolvency plea against Bajaj Hindusthan Sugar
State Bank of India has made a submission in NCLT regarding withdrawal of its application for initiating corporate insolvency resolution...
NPA or default no longer only bank’s problem post-IBC: IBBI Chairman
The biggest change the Insolvency and Bankruptcy Board of India (IBBI) has brought in the system is that NPA or...
Gayatri Projects invites EoIs from prospective bidders; 29 Jan last date for submitting EoIs
Gayatri Projects, which is undergoing Corporate Insolvency Resolution process (CIRP), has invited Expression of Interest (EoI) from prospective bidders. 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...
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...
Gayatri Projects creditors submits claims of Rs 7,947 crore
Creditors of Gayatri Projects have submitted claims of Rs 7,947 crore as the corporate insolvency resolution process gets underway. The...
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...