insolvency
Finance
NCLT rejects Edelweiss ARC's plea for Mumbai-based water park's bankruptcy
The National Company Law Tribunal (NCLT) has rejected a bankruptcy plea filed by the Edelweiss Assets Reconstruction Company Ltd...
Finance
Essar Shipping sails away from bankruptcy after settling up with L&T Finance
Essar Shipping, the group’s second firm to fall into bankruptcy, has exited insolvency after settling up with creditor L&T...
Consumer
Kotak group ARC to walk away from bankrupt textile firm
Kotak group ARC to walk away from bankrupt textile firm with 'good returns' Kotak Mahindra Group’s...
Manufacturing
JSW Steel yanks Bhushan Power out of long-drawn bankruptcy
After over three years of bankruptcy, Bhushan Power and Steel has been bought by JSW Steel for $2.7 billion (Rs ......
Infrastructure
Former GIC backed shipping company dragged to bankruptcy court
A Mumbai based shipping company, once backed by several leading private equity investors including Singapore sovereign wealth...
Infrastructure
TCG-backed Haldia Petrochemicals gets third time lucky with Nagarjuna Oil Corp
Two years after the lenders of Nagarjuna Oil Corporation rejected Haldia Petrochemicals’ resolution plan, a bankruptcy court...
Infrastructure
Infra solutions provider, once backed by Sequoia, ordered for liquidation
An infrastructure solutions provider, once funded by Sequoia and ChrysCapital, has been ordered for liquidation by the bankruptcy...
Infrastructure
Essar group sees second firm fall into bankruptcy
A second Essar group firm has been admitted to insolvency by the National Company Law Tribunal (NCLT) over a default ......
Consumer
Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy
A Finnish packaging materials maker has pushed a Vadodara-based fruit juice maker into bankruptcy. Huhtamaki Oyj has dragged...
Infrastructure
Lenders clear JSW Steel bid for bankrupt Bhushan Power
After over three years of bankruptcy, Bhushan Power and Steel now stands closer to resolution with lenders okaying JSW Steel’s...
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