KSK Mahanadi Power Loan Account Sold to Birla ARC, SBI Deals for Rs 1,622 Crore
KSK Mahanadi Power Company sold Aditya Birla ARC for a loan amount of Rs 1,622 crore, against the total outstanding at 58 per cent to...
Tag : insolvency and bankruptcy code
Jet Airways First Indian Company for Cross Border Insolvency
Jet Airways would be the first Indian Company which undergo for insolvency proceedings under the Cross Border Insolvency Protocol along with the Insolvency and Bankruptcy...
Andhra Bank Try To Settle Sterling Biotech Insolvency Rejected By NCLT
To withdraw the company from insolvency resolution proceedings has hit a blockade, by the promoters of the Sterling Biotech Ltd. In the ongoing investigations, Andhra...
Bank Of Maharashtra To Auction Videocon Group’s Unity Appliances
Bank of Maharashtra took a move for the recovery of a loan worth Rs.153.77 crore by setting up the sale of moveable and immovable assets...
JM Financials Files Insolvency Petition Against Hotel Leela Venture
JM Financial Asset Reconstruction Company Ltd has filed an insolvency petition against Hotel Leela Venture Ltd in the National Company Law Tribunal’s Mumbai bench, according...
NCLAT Instructs NCLT To Reach Verdict On Essar Steel Soon
The National Company Law Appellate Tribunal (NCLAT) has granted a week more to the Ahmedabad’s bench of National Company Law Tribunal to pass its order...
NCLT Rejects Ruia Family’s ESAHL Plea To Regain Essar Steel
The National Company Law Tribunal issued a major setback to the Ruia family, as it turned down Essar Steel Asia Holdings Ltd’ (ESAHL) plea to regain...
NCLT Rejects Ruia Family's ESAHL Plea To Regain Essar Steel
The National Company Law Tribunal issued a major setback to the Ruia family, as it turned down Essar Steel Asia Holdings Ltd’ (ESAHL) plea to regain...