National Company Law Tribunal
Manufacturing
Adanis strike second deal for bankrupt firm amid allegations over impropriety
The real estate arm of billionaire Gautam Adani-led Adani Enterprises Ltd is set to acquire a distressed textile company, two...
Infrastructure
Jet Airways shortlists four potential suitors for sale
The resolution professional of bankrupt Jet Airways Ltd has shortlisted four potential bidders who may submit a bid proposal to...
Manufacturing
Suraksha ARC set to lose race for distressed textile firm
Suraksha Asset Reconstruction Ltd is likely to have lost a bid to acquire a Maharashtra-based distressed textile company that...
TMT
TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law
A Mumbai-based media production house has invited bids to resolve its debt worth Rs 525 crore (about $70 million at ......
Infrastructure
Jet Airways racks up long queue of suitors; 3 even come back to propose
Bankrupt Jet Airways (India) Ltd has received expressions of interest from at least eight entities including two financial services...
Infrastructure
IL&FS gets court nod to sell GIFT City stake to Gujarat govt
Infrastructure Leasing & Financial Services Ltd (IL&FS) has received an insolvency court’s approval to sell its...
General
Jet Airways lenders make fourth attempt to sell grounded carrier
Lenders to Jet Airways have decided to invite fresh expressions of interest for selling a stake in the bankrupt airline....
Manufacturing
NCLT approves CarVal's bid for Uttam Value Steels
The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by a consortium of CarVal Investors and UK-based...
Infrastructure
Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier
Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......
Healthcare
Dhanuka Laboratories takes over Orchid Pharma under insolvency plan
Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......
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