state bank of india

Saasa Musa Sugar

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...

Ravi Mittal on loan default

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

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...

RCI Industries and Technologies

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...

Cheema Spintex

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

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...

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...