NCLT
Healthcare
NCLAT orders action against Ingen Capital for delaying Orchid Pharma resolution
The National Company Law Appellate Tribunal has directed the Centre to take action against US-based investor Ingen Capital Group...
Finance
Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling
In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law Tribunal (NCLT) has ......
Manufacturing
SSG Capital challenges CarVal-Arcil offer to buy Uttam Galva units
Hong Kong-based SSG Capital has moved the National Company Law Tribunal (NCLT) against the lenders’ acceptance of Rs 2,500...
Consumer
Singapore's DBS Bank wants more out of Patanjali's offer for Ruchi Soya
Singaporean lender DBS Bank has contested the bankruptcy-resolution plan of Rs 4,350 crore offered by Patanjali Ayurved to buy...
General
Tiger Global may back Sirion Labs; NCLT extends Jaypee Infratech's bankruptcy process
The Allahabad bench of National Company Law Tribunal (NCLT) has extended the insolvency resolution process date for debt-laden...
Manufacturing
Essar Steel lenders dig in their heels against StanChart, operational creditors
Essar Steel India Ltd’s Committee of Creditors (CoC) is sticking to its stand on how to distribute the capital ArcelorMittal...
Manufacturing
CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units
A consortium of US-based distressed assets investor CarVal Investors and Asset Reconstruction Company of India Ltd (Arcil) has...
Consumer
SEBI asks Hotel Leelaventure to keep Brookfield deal on hold
The Securities and Exchange Board of India has asked Hotel Leelaventure Ltd to not act upon its deal with Canadian ......
Infrastructure
Why bankruptcy court looks set to be Jet Airways' next destination
Arvind Gupta is one of Jet Airways’ 1.4 lakh shareholders. He says he wrote the obituary for India’s oldest private...
General
Stressed assets this week: Spotlight turns on Jet Airways, Gitanjali Gems
Since the Insolvency and Bankruptcy Code (IBC) was passed in 2016, a little over Rs 1.42 lakh crore of claims ......
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