National Company Law Tribunal
Finance
Dewan Housing: Why insolvency resolution processes need a greater degree of certainty
In November 2019, after reports of a large-scale financial scam, Dewan Housing Finance Corporation Ltd (DHFL) became the first...
Infrastructure
Ansal Properties raising fresh equity capital after avoiding bankruptcy
North India-based developer Ansal Properties and Infrastructure Ltd (Ansal API) said Friday it has approved a plan to raise Rs...
TMT
Reliance Infratel lenders to take 90% haircut as Jio set to take control
Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved...
Manufacturing
JSW Steel gets NCLT approval to buy Asian Colour Coated Ispat
Billionaire Sajjan Jindal-owned JSW Steel Ltd has received court approval to acquire bankrupt steel company Asian Colour Coated...
Manufacturing
JM Financial ARC's wait to recover money from bankrupt textile firm gets longer
JM Financial Asset Reconstruction Company Ltd will have to wait a little longer to recover its money from a bankrupt ......
General
IL&FS PE-backed floriculture firm heads for liquidation
A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of...
Manufacturing
Amtek Auto's three-year-long quest to come out of bankruptcy gets longer
Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received...
General
Grapevine: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm
After Silver Lake, Carlyle Group is looking to invest up to $2 billion (Rs 14,663 crore) in Reliance Retail Ventures ......
Manufacturing
Purnendu Chatterjee's TCG looks to acquire bankrupt textile company
A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire...
Manufacturing
PE funds, electronics companies among bidders for Videocon assets
Bankrupt consumer appliances maker Videocon Industries Ltd and a dozen of its units have received 11 offers for their assets ......
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