NCLT

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Healthcare

25 January, 2021

Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal

Lenders of a bankrupt bulk drugs and chemicals maker backed by a Piramal Group promoted private equity fund are staring ......

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Consumer

18 January, 2021

How a KKR-backed firm slipped into bankruptcy and liquidation

A leading dairy products maker is headed for liquidation on the orders of the bankruptcy tribunal after the sole bidder ......

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Finance

14 January, 2021

All eyes on lenders' tough choice of DHFL suitor as bankruptcy law faces acid test

This Friday will see a critical test of the four-year bankruptcy law as lenders decide between a local and a ......

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TMT

28 October, 2020

How a former employee dragged Kalaari-backed fintech firm to bankruptcy court

Kalaari Capital-backed fintech firm has been pushed into bankruptcy after a Mumbai bench of the insolvency tribunal admitted a petition ......

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Infrastructure

22 October, 2020

PE-backed ReGen Powertech unit attempts to woo buyers

An insolvent subsidiary of ReGen Powertech Pvt Ltd has initiated the process to find buyers under the bankruptcy law even ......

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Infrastructure

14 August, 2020

Ansal Properties wins court battle to avoid bankruptcy

Delhi-based realty firm Ansal Properties and Infrastructure Ltd has received a favourable verdict that will help it skirt insolvency proceedings. National ......

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Infrastructure

29 July, 2020

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 ......

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Manufacturing

17 December, 2019

Everstone, TVS Capital-backed wind turbine firm in the NCLT dock

A Chennai-based wind turbine firm backed by Everstone Capital, TVS Capital and MCap Advisors has been admitted to the insolvency ......

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Finance

09 May, 2019

Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling

In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law Tribunal (NCLT) has ......

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Infrastructure

22 April, 2019

Why bankruptcy court looks set to be Jet Airways' next destination

Arvind Gupta is one of Jet Airways’ 1.4 lakh shareholders. He says he wrote the obituary for India’s oldest private ......