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Go First asks NCLT to urgently pass order on insolvency plea

Infrastructure

08 May, 2023

Go First asks NCLT to urgently pass order on insolvency plea

Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency ......

Go First, lessors lock horns as bankruptcy hearings begin

Infrastructure

05 May, 2023

Go First, lessors lock horns as bankruptcy hearings begin

Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft ......

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

Infrastructure

07 March, 2023

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

The National Company Law Tribunal (NCLT), which was scheduled to govern on the Mumbai-based Suraksha group's bid to ......

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Bankruptcy resolutions expected to soar after Budget spells relief for RPs

Finance

03 February, 2023

Bankruptcy resolutions expected to soar after Budget spells relief for RPs

Liquidators in India, who are entrusted with winding up bankrupt companies, will no longer be prosecuted for failing to ......

Varde-Arena consortium bid for Srei group

Finance

05 December, 2022

Varde-Arena consortium bid for Srei group

A consortium of Arena Investors LP and Varde Partners, National Asset Reconstruction Co. Ltd (NARCL) and Mumbai-based ......

US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more

Consumer

01 December, 2022

US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more

Perfect Day, a US-based food technology startup that acquired Gujarat-based Sterling Biotech through the liquidation ......

Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away

Finance

29 November, 2022

Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away

US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of Piramal and Cosmea ......

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Värde Partners draws up $1 bn India investment plan

Infrastructure

07 November, 2022

Värde Partners draws up $1 bn India investment plan

US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......

'Bankrupt companies selling in parts better than sale to single bidder'

Finance

27 September, 2022

'Bankrupt companies selling in parts better than sale to single bidder'

A mix of investors buying different parts of a bankrupt company is better than a single investor picking up the ......

Edtech firm Lido Learning files for insolvency

Finance

08 September, 2022

Edtech firm Lido Learning files for insolvency

Ronnie Screwvala’s Unilazer Ventures-backed Quality Tutorials Pvt. Ltd, which runs edtech platform Lido Learning, has ......

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