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National Company Law Tribunal

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

Healthcare

04 March, 2020

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution...

IVRCL gets bid for sale of company as going concern under liquidation

Infrastructure

04 March, 2020

IVRCL gets bid for sale of company as going concern under liquidation

Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......

Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech

Finance

03 March, 2020

Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech

The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire...

NCLAT sets aside insolvency case against Flipkart for alleged default

TMT

25 February, 2020

NCLAT sets aside insolvency case against Flipkart for alleged default

An appeals court has dismissed insolvency proceedings against e-commerce major Flipkart, which was dragged to the National Company...

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These three sectors account for nearly three-fourths of bankruptcy cases

Finance

19 February, 2020

These three sectors account for nearly three-fourths of bankruptcy cases

Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......

JSW Steel gets immunity for Bhushan Power acquisition

Manufacturing

18 February, 2020

JSW Steel gets immunity for Bhushan Power acquisition

The National Company Law Appellate Tribunal (NCLAT) has given JSW Steel Ltd immunity from all criminal investigations for its...

Blackstone gets court nod to buy Hyderabad Trident hotel under insolvency

Infrastructure

14 February, 2020

Blackstone gets court nod to buy Hyderabad Trident hotel under insolvency

Private equity giant Blackstone Group Inc. has received court approval to acquire a debt-laden Trident hotel in Hyderabad for...

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An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend

Finance

13 February, 2020

An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend

The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......

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Another VC-backed company faces bankruptcy

Consumer

21 January, 2020

Another VC-backed company faces bankruptcy

Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t...

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Cochin Shipyard set to take over ICICI Venture-backed shipbuilder

Manufacturing

31 December, 2019

Cochin Shipyard set to take over ICICI Venture-backed shipbuilder

State-run Cochin Shipyard Ltd has emerged as the preferred buyer for a debt-laden shipbuilder that counts ICICI Venture as its...

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