insolvency
Infrastructure
NCLT approves Suraksha's bid in Jaypee Infra insolvency case
The National Company Law Tribunal (NCLT), which was scheduled to govern on the Mumbai-based Suraksha group's bid to acquire Jaypee ......
Finance
NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company
Setting aside an order passed by National Company Law Tribunal (NCLT), a two-member bench of the quasi-judicial National Company Law ......
Finance
Bankruptcy resolutions expected to soar after Budget spells relief for RPs
Liquidators in India, who are entrusted with winding up bankrupt companies, will no longer be prosecuted for failing to comply ......
Finance
Varde-Arena consortium bid for Srei group
A consortium of Arena Investors LP and Varde Partners, National Asset Reconstruction Co. Ltd (NARCL) and Mumbai-based Authum Investments have ......
Finance
Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away
US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of Piramal and Cosmea Financial - ......
Infrastructure
Värde Partners draws up $1 bn India investment plan
US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......
Finance
'Bankrupt companies selling in parts better than sale to single bidder'
A mix of investors buying different parts of a bankrupt company is better than a single investor picking up the ......
Infrastructure
Resurgent Power Ventures acquires stressed UP power asset under insolvency
Resurgent Power Ventures has completed the acquisition of South East UP Power Transmission Company Ltd (SEUPPTCL) through an insolvency process ......
Finance
Edtech firm Lido Learning files for insolvency
Ronnie Screwvala’s Unilazer Ventures-backed Quality Tutorials Pvt. Ltd, which runs edtech platform Lido Learning, has filed for insolvency, according to ......
Consumer
Nandan Nilekani-funded ShopX files for bankruptcy
Bengaluru-based ShopX has decided to ‘wind down its operations’ and has filed an application for insolvency and bankruptcy under Section ......
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