NCLT
Infrastructure
R-Com's undersea cable unit files for bankruptcy in US
Global Cloud Xchange (GCX), an arm of Anil Ambani-owned debt-laden Reliance Communications Ltd, has voluntarily filed for bankruptcy in the ......
Infrastructure
Jet Airways' creditors to recover only $300-400 mn in liquidation scenario
Creditors of India’s bankrupt Jet Airways (JET.NS) are likely to recover less than 10% of the carrier’s total outstanding dues ......
Infrastructure
NCLT admits SBI's insolvency plea against Jet Airways
The National Company Law Tribunal (NCLT) on Thursday admitted an insolvency plea filed by State Bank of India (SBI) against ......
Infrastructure
Jet Airways' lenders to take grounded carrier to bankruptcy court
Jet Airways' creditors said on Monday they plan to begin insolvency proceedings against the Indian airline in a last-ditch bid to ......
Consumer
PE-backed Adlabs Entertainment dragged to bankruptcy court
Weeks after private equity firm ICICI Venture exited Adlabs Entertainment Ltd with a huge haircut, a lender to the theme ......
Finance
Stressed assets this week: Nirav Modi firms head to NCLT; reprieve for Sterling Biotech
There was plenty of action at the bankruptcy courts this week, with breakthroughs achieved in a couple of cases that ......
Healthcare
NCLAT stays liquidation of Sterling Biotech
The National Company Law Appellate Tribunal (NCLAT) has stayed the order of a lower bankruptcy court which had referred debt-laden ......
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 ......
General
Stressed assets this week: Tatas win race for Bhushan Energy; Jaypee Infra in focus
The total number of cases that have ended with the order of liquidation stand at 378 as on 31 March, ......
Manufacturing
After Bhushan Steel, Tatas to acquire Bhushan Energy via insolvency route
Tata Steel Ltd has won the race to acquire another insolvent company, with the National Company Law Tribunal (NCLT) approving ......
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