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JM Financial Asset Reconstruction Co. Ltd

Brookfield inches closer to buying Hotel Leelaventures as SAT rejects ITC's appeal

Consumer

26 September, 2019

Brookfield inches closer to buying Hotel Leelaventures as SAT rejects ITC's appeal

Canadian investment firm Brookfield Asset Management Inc. is a step closer to acquiring Hotel Leelaventures Ltd as the Securities Appellate ......

Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries

General

22 June, 2018

Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries

As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National Company Law Tribunal (NCLT) ......

Alok Industries' lenders approve resolution plan by RIL, JM Financial ARC

Manufacturing

22 June, 2018

Alok Industries' lenders approve resolution plan by RIL, JM Financial ARC

A committee of creditors tasked with examining a bankruptcy resolution plan for textiles company Alok Industries Ltd has approved an ......

JM Financial ARC to take majority stake in Hotel Leelaventure

Infrastructure

12 June, 2018

JM Financial ARC to take majority stake in Hotel Leelaventure

The board of Hotel Leelaventure Ltd has approved a plan to transfer a majority stake to JM Financial Asset Reconstruction ......

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Manufacturing

16 April, 2018

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Alok Industries Ltd, which is undergoing insolvency proceedings, said on Monday a committee of its creditors hasn't approved any resolution ......