liquidation
Infrastructure
NCLAT sets aside liquidation order of Three C Homes' Lotus City project
A higher appellate tribunal has set aside a liquidation order passed by the National Company Law Tribunal (NCLT) against Lotus ......
Manufacturing
Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders
Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based firm which owns a manufacturing unit ......
Finance
After five years, why are bankruptcy resolutions still a fraction of filings?
Less than eight per cent of the bankruptcy filings have been resolved with over three times as many cases ending ......
Consumer
Fraud-hit sugar maker faces the crusher as company ordered for liquidation
Tamil Nadu’s fraud-hit Thiru Arooran Sugars Ltd is headed for liquidation after lenders failed to receive any viable revival plan ......
Finance
Bhushan Power, NOCL lead March stressed assets resolutions; Upsurge in new cases under IBC
India’s stressed assets market saw the resolution of several pending cases in bankruptcy court in March, including big-ticket ones involving Bhushan Power & Steel (BPSL), Nagarjuna Oil Corporation ......
Infrastructure
TCG-backed Haldia Petrochemicals gets third time lucky with Nagarjuna Oil Corp
Two years after the lenders of Nagarjuna Oil Corporation rejected Haldia Petrochemicals’ resolution plan, a bankruptcy court has cleared the ......
Infrastructure
Infra solutions provider, once backed by Sequoia, ordered for liquidation
An infrastructure solutions provider, once funded by Sequoia and ChrysCapital, has been ordered for liquidation by the bankruptcy tribunal. “Considering the ......
Manufacturing
GMM Pfaudler to buy assets of firm via liquidation process
GMM Pfaudler, the Indian unit of US-based Pfaudler Inc, will likely pick up its first asset under the liquidation process ......
Healthcare
Gujarat pharma firm to hit the rocks three years after bankruptcy
A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex court has refused ......
Infrastructure
Noida developer Three C Homes to be liquidated after NCLT rejects resolution plan
Three C Homes (3C) Private Limited, the Delhi NCR based real estate developer once sought after by multiple private equity ......
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