NCLT approves ₹145.26 crore resolution plan for Indo Global Soft
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved a resolution plan worth ₹145.26 crore for the insolvent Indo...
Yes Bank
CBI files chargesheet against Anil Ambani Group, Yes Bank officials in Rs 5,010 crore fraud case
The Central Bureau of Investigation (CBI) today filed chargesheets in two cases related to fraudulent financial transactions involving Anil Ambani's...
Yes Bank’s unusual real estate deal with Reliance Infra raises questions over custodial role
An intricate debt-asset swap between Yes Bank and Anil Ambani-led Reliance Infrastructure, or Reliance Infra in March 2021 has drawn...
NCLT orders liquidation of Tulip Hotels in absence of a resolution plan
The National Company Law Tribunal (NCLT), Mumbai Bench, has ordered the liquidation of Tulip Hotels Pvt. Ltd., marking the latest...
NCLT approves Rs 301 crore resolution plan for Kolkata-based Sarga Hotel
The NCLT has approved Rs 301-crore resolution plan submitted by Shri Ram Multicom Private Limited for Sarga Hotel. Kolkata-based Sarga...
ED attaches Rs 70.39 cr assets of Kapil, Dheeraj Wadhawan in DHFL bank fraud case
The Enforcement Directorate (ED) has provisionally attached assets worth Rs. 70.39 crore belonging to Kapil Wadhawan and Dheeraj Wadhawan in...
Zee Group settles Rs 6,500 crore Yes Bank debt; bank takes 75% haircut
Zee Group and Yes Bank have reached a one-time settlement (OTS) for the outstanding debt of ₹6,500 crore, according to...
Tulip Hotels in insolvency for failing to pay Rs 900 cr to Yes Bank
Ajit Kerkar-owned Tulip Hotels Pvt Ltd (corporate debtor) will undergo corporate insolvency resolution process (CIRP) after the Mumbai-bench of the...
Timeline for CIRP of Asian Hotels (West) extended by 90 days
The timeline for completion of the Corporate Insolvency Resolution Process (CIRP) of Asian Hotels (West) has been extended till 13...
NCLT admits insolvency plea against Zee Learn
The Mumbai bench of the National Company Law Tribunal has admitted the insolvency petition against Zee Learn, a school education...