Of the total defaults, Rs 410.7 crore was the principal amount and the remaining was the interest.
Keeping cartels out of settlement mechanism under the Competition Amendment Bill makes ample sense.
The National Company Law Tribunal (NCLT) is scheduled to hear the application for the merger of Housing Development Finance Corporation…
“The extended challenge mechanism is a violation of Section 30 (1a) of the Corporate Insolvency Resolution Process (CIRP) regulations,” NCLT…
In a January 13, 2023 order, the National Company Law Tribunal (NCLT) had approved transfer of Jet ownership to JKC.
Less than two weeks ago, the Mumbai bench allowed the applications filed by JKC against the lenders of Jet Airways,…
The Reserve Bank of India (RBI) had applied to initiate Corporate Insolvency Resolution Process (CIRP) against the Reliance Group company…
Torrent Investment, the winning bidder of the first round of auction of Anil Ambani-promoted Reliance Capital, had moved the NCLT…
Chhawchharia’s mail was a result of another mail sent to the RP seeking clarification over the precise designation of Kapoor.…
These carried a release date in the fifth year from the start of operations of Jet 2.0 or complete payment.…
With a diversification approach, the company is planning to invest around Rs 7,500 crore over the next five years for…
IDBI Bank has claimed an amount of Rs 149.60 crore, which has been disputed by ZEEL, said a regulatory update…
According to sources, the decision of the Committee of Creditors (CoC) to introduce a new clause ‘Challenge Mechanism’ in the…
The total impact of these transactions amounted to close to Rs 1,500 crore.
In terms of realisations till the end of June, creditors have realised Rs 2.35 lakh crore under the resolution plans…
Yes Bank, the largest shareholder in Dish TV with a 25.63% stake, had moved the NCLT’s Mumbai bench asking the…