Bankruptcy


NSE Removes Zee Entertainment From F&O Segment Post Insolvency Fallout

Banking - Published date: .

"No fresh month contracts will be issued on the expiration of February 2023 contracts," the exchange says in a circular Read more

Some Relief For Khaitans As McLeod Russel Gets Interim Stay In CIRP

Banking - Published date: .

Meanwhile, even as the appeal process is being pursued in NCLAT, the Khaitans are understood to be engaging with IL&... Read more

NCLAT Rejects Bankruptcy Board's Plea Against Telecom Tower Firm GTL Infra

Banking - Published date: .

Corporate debtor's business is sustainable and it is a viable going concern, NCLT had ruled Read more

RCap Resolution: NCLAT Issues Notices To Torrent Investments, Others

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other responden... Read more

Second European Airline In Less Than A Week Cancels All Flights After Going Bust

Expat - Published date: .

The airline says weak financial markets and uncertainty over demand for air travel left it cash-strapped. Read more

NCLT's Final Order On Bankrupt Reliance Capital Bid By Next Week

Banking - Published date: .

The matter is reserved for judgment and the NCLT Bench mentioned that the order will be issued next week Read more

From Restaurateur To Steelmaker: Meet The bidders For Future  Retail

World - Published date: .

A diverse array of suitors have shown interest in Future Retail’s assets. Read more

Embattled Crypto Exchange FTX Files For US Bankruptcy Protection, CEO Resigns

World - Published date: .

The company was seeking a lifeline after a liquidity crunch due to customers withdrawing funds at a frenetic pace Read more

Bid Deadline For India's Future Retail Extended Due To Low Interest: Report

World - Published date: .

With lesser buyers showing interest in the debt-ridden Future Retail, its deadline for submitting bids has been extended... Read more

NCLT Adjourns Bajaj Hindusthan Bankruptcy Petition To December 7

Banking - Published date: .

In an order dated September 14, the NCLT asked Bajaj Hindusthan to file a reply to the SBI petition in three weeks Read more

Zee Learn Stock Tumbles Over 18% After Yes Bank Seeks Insolvency

Banking - Published date: .

Private sector lender Yes Bank has moved NCLT seeking initiation of insolvency proceedings against Zee Learn, according ... Read more

Chinese Banks Seek FM's Intervention In Reliance Infratel's Resolution Plan

Banking - Published date: .

Chinese banks have written to Finance Minister Nirmala Sitharaman on the delays in the implementation of the Resolution ... Read more

Lenders To Troubled Ballarpur Industries To Meet On January 18

Banking - Published date: .

The company's net worth is negative as on the reporting date, and it continues to incur heavy losses Read more

NCLAT Issues Notice Over PNB's Plea Against Jet Airways Resolution Plan

Banking - Published date: .

The bank is aggrieved by the reduction in its claim amount by around Rs 202 crore by the Resolution Professional Read more

NCLT Dismisses Rolta Promoters' Plea For One-time Settlement

Banking - Published date: .

The National Company Law Tribunal (NCLT) has dismissed a petition of the promoters of IT firm Rolta India Ltd seeking on... Read more

Insolvency Law Changing The Way Society Perceives Biz Failures, Says Sahoo

Banking - Published date: .

Fuelled by a huge unsatiated appetite for freedom of exit, the insolvency law is changing the way the society perceives ... Read more

Religare Finvest's Revised Debt Restructuring Plan Enters Final Stage

Banking - Published date: .

RFL, an NBFC arm of Religare Enterprises Ltd, has been barred from undertaking fresh business Read more

NCLT Initiates Insolvency Proceedings Against Ahluwalia Contracts

Banking - Published date: .

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against construction firm Ahluwalia Contra... Read more

Reliance Home Finance Defaults On Rs 40 Cr Loan Repayment To P&S Bank

Banking - Published date: .

Reliance Home Finance Ltd (RHFL) on Saturday said it has defaulted on loan of over Rs 40 crore from Punjab & Sind Ba... Read more

Junk Bonds Boom As Coronavirus Lures Investors To Risk

Breaking - Published date: .

By mid-August, a total $274 billion in junk bonds had been issued in the US. Read more