National Company Law Tribunal
Manufacturing
TCG gets court nod to acquire bankrupt textile co
Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......
Infrastructure
Ansal Properties raising fresh equity capital after avoiding bankruptcy
North India-based developer Ansal Properties and Infrastructure Ltd (Ansal API) said Friday it has approved a plan to raise Rs ......
TMT
Reliance Infratel lenders to take 90% haircut as Jio set to take control
Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved ......
Manufacturing
JM Financial ARC's wait to recover money from bankrupt textile firm gets longer
JM Financial Asset Reconstruction Company Ltd will have to wait a little longer to recover its money from a bankrupt ......
General
IL&FS PE-backed floriculture firm heads for liquidation
A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of cut roses ......
Manufacturing
Purnendu Chatterjee's TCG looks to acquire bankrupt textile company
A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire a ......
Manufacturing
PE funds, electronics companies among bidders for Videocon assets
Bankrupt consumer appliances maker Videocon Industries Ltd and a dozen of its units have received 11 offers for their assets ......
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
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 ......
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