Bankruptcy
Air Miles Owner Goes Bankrupt, Plans Sale Of Program To BMO
World - Published date: .
The company has been grappling with dwindling liquidity and a loss of customers Read more
Suraksha Group's Takeover Of Jaypee Infratech Gets NCLT Approval
Banking - Published date: .
Suraksha Realty had made the winning bid of Rs 7,736 crore as against government-owned NBCC India's Rs 6,536 crore offer... Read more
NCLAT Rejects Plea Against McDowell Holdings' Insolvency Proceedings
Banking - Published date: .
The National Company Law Appellate Tribunal (NCLAT) has rejected a plea by the shareholders of McDowell Holdings Ltd, ch... Read more
RCap Resolution: NCLAT Allows Lenders' Plea For Another Round Of Bidding
Banking - Published date: .
The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital... Read more
SC Notice To CBI On Piramal Capital & Housing Finance Plea To Quash FIR
Banking - Published date: .
The PCHF contended that it cannot be saddled with the offences allegedly committed by the previous management prior to t... Read more
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
