National Company Law Tribunal
Infrastructure
Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan
Adani group firm has received clearance from a bankruptcy appeals tribunal to acquire Dighi Port Ltd, whose promoter now plans ......
Infrastructure
Jaypee Infratech's Yamuna Expressway draws investor interest
A marquee infrastructure investment firm has approached the lenders of debt-laden township developer Jaypee Infratech Ltd to acquire the Yamuna ......
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset ......
Manufacturing
US hedge fund gets court approval to buy bankrupt Amtek Auto
US-based hedge fund Deccan Value Investors LP has received court approval to buy bankrupt auto component maker Amtek Auto Ltd ......
Manufacturing
Adanis strike second deal for bankrupt firm amid allegations over impropriety
The real estate arm of billionaire Gautam Adani-led Adani Enterprises Ltd is set to acquire a distressed textile company, two ......
Infrastructure
Jet Airways shortlists four potential suitors for sale
The resolution professional of bankrupt Jet Airways Ltd has shortlisted four potential bidders who may submit a bid proposal to ......
Manufacturing
Suraksha ARC set to lose race for distressed textile firm
Suraksha Asset Reconstruction Ltd is likely to have lost a bid to acquire a Maharashtra-based distressed textile company that was ......
TMT
TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law
A Mumbai-based media production house has invited bids to resolve its debt worth Rs 525 crore (about $70 million at ......
Infrastructure
Jet Airways racks up long queue of suitors; 3 even come back to propose
Bankrupt Jet Airways (India) Ltd has received expressions of interest from at least eight entities including two financial services firms ......
Infrastructure
IL&FS gets court nod to sell GIFT City stake to Gujarat govt
Infrastructure Leasing & Financial Services Ltd (IL&FS) has received an insolvency court’s approval to sell its 50% stake in Gujarat ......