liquidation
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 ...
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 ...
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 ...
Consumer
Nirav Modi's second firm set for liquidation
Fugitive diamantaire Nirav Modi-owned Firestar International Pvt Ltd has been ordered for ...
Finance
Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July
The sluggish pace of bankruptcy resolution seen in May and June worsened in July even as several ...
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 ...
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 ...
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 ...
Manufacturing
Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders
Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based...
Finance
After five years, why are bankruptcy resolutions still a fraction of filings?
Less than eight per cent of the bankruptcy filings have been resolved with over three times as many ...
