liquidation
Infrastructure
Go First stares at liquidation as Jindal Power decides against bidding
India's Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, ......
Finance
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 comply ......
Infrastructure
Blackstone ARC defaults on resolution plan for road asset, could face action
Blackstone-backed International Asset Reconstruction Company (IARC) has opted out of its resolution plan for a southern stressed toll road asset, ......
Finance
Startups have shelled out $440 mn to buy back employee Esops in 2021 till date
Startups are bending backwards to sweeten deals in a bid to hire and retain employees in this competitive market. In ......
Consumer
Licious rolls out new ESOP plan with anytime liquidation for one-third employees
Recently-turned unicorn Licious, operated by Delightful Gourmet Pvt Ltd, has announced a new employee stock ownership plan (ESOP), christened ‘Everyday ......
Consumer
Nirav Modi's second firm set for liquidation
Fugitive diamantaire Nirav Modi-owned Firestar International Pvt Ltd has been ordered for liquidation by the Mumbai bench of the bankruptcy ......
Finance
Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July
The sluggish pace of bankruptcy resolutions seen in May and June worsened in July even as several massive haircuts came ......
Manufacturing
Lenders take steep haircut on another steel asset under liquidation process
Lenders have taken a massive haircut on the sale of a Kolkata-based stressed iron and steel firm whose majority debt ......
Infrastructure
Lanco Group's third arm to be dissolved through liquidation
Hyderabad-based Lanco Group’s third subsidiary which runs a thermal power plant has been ordered for liquidation by the bankruptcy tribunal. Lanco ......
Infrastructure
NCLAT sets aside liquidation order of Three C Homes' Lotus City project
A higher appellate tribunal has set aside a liquidation order passed by the National Company Law Tribunal (NCLT) against Lotus ......
