National Company Law Tribunal
Manufacturing
Amtek Auto restarts bankruptcy resolution process, seeks fresh bids
Auto component manufacturer Amtek Auto Ltd started a fresh bidding process on Thursday, nearly two years after bankruptcy proceedings...
Finance
Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case
India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating...
Infrastructure
Jaypee Infratech lenders reject NBCC's takeover offer
Lenders to Jaypee Infratech Ltd have voted against NBCC (India) Ltd’s revised bid to take over the debt-laden real estate...
Consumer
New bidder selected to acquire Thunderbolt beer maker
Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new ......
TMT
NCLT approves Srei Group's takeover plan for Deccan Chronicle
The National Company Law Tribunal (NCLT) has approved a plan by an investment arm of Kolkata-based Srei Group to acquire ......
Manufacturing
NCLAT okays Maruti Ferrous' modified plan for buying Sunil Ispat
Maruti Ferrous Pvt. Ltd’s plan to acquire bankrupt Sunil Ispat and Power has been okayed by the National Company Law ......
Healthcare
SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid
State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......
Healthcare
Parabolic Drugs set to chart recovery path as lenders approve takeover bid
Debt-laden Parabolic Drugs Ltd is headed on the road to recovery after its lenders gave their stamp of approval to ......
Healthcare
Two drugmakers in race for Orchid Pharma as revival hopes brighten
Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival...
General
Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners
Indian banks are estimated to have recovered almost Rs 70,000 crore from various companies through bankruptcy resolution processes...
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