All Strange Things About India and world
The insolvency resolution process against JIL was started in August 2017. (Representational)New Delhi: The National Company Law Tribunal (NCLT) today approved the Mumbai-based Suraksha group’s bid to acquire debt-ridden Jaypee…
On February 2, the NCLT had ruled against holding a fresh round of auction. (File)New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments…
The Committee of Creditors had approved the Suraksha Group bid for the debt-ridden JIL.(File)New Delhi: The insolvency tribunal NCLT (National Company Law Tribunal) has reserved its order on Mumbai-based Suraksha…
The consortium did not elaborate on the decisions that could be taken to manage the cashflows.(File)New Delhi: Amid the continuing uncertainty over the fate of grounded Jet Airways, the Jalan…
So far, 532 Resolution Processes yielded resolution plans.New Delhi: Banks, financial institutions and other creditors of stressed companies have realised Rs 2.43 lakh crore through NCLT-supervised (National Company Law Tribunal)…
Srei Group has received a report on Rs 3,025 crore fraud transactionsNew Delhi: Srei Equipment Finance on Monday said its administrator has received a report from the transaction auditor about…
NCLT to take up Amazon’s plea against Future Group’s insolvency proceedings on June 10Mumbai: The National Company Law Tribunal (NCLT) will hear Amazon’s petition opposing initiation of insolvency resolution proceedings…
NCLT has ordered insolvency proceedings against National Textile CorporationNew Delhi: The National Company Law Tribunal (NCLT) has ordered to initiate insolvency proceedings against state-run National Textile Corporation (NTC) after admitting…
Future Group is now focusing on saving and rebuilding its other firms like Future Lifestyle FashionsNew Delhi: Debt-ridden Future Group is now focusing on saving and rebuilding firms such as…
Bank Of India has initiated insolvency proceedings against Future RetailNew Delhi: Bank of India has moved the National Company Law Tribunal (NCLT), filing a petition to initiate insolvency proceedings against…