NCLT
General
Which sectors top the list of distressed companies facing insolvency?
In June last year, the Reserve Bank of India asked banks to begin bankruptcy proceedings against 12 large loan defaulters. ......
General
India Inc's distress to worsen as 150 more firms face insolvency: Eight Capital
Indian companies with a total debt of at least $85 billion could face insolvency proceedings in coming months as banks ......
People
Former disputes partner at Khaitan Legal forms litigation advisory firm
The former partner of dispute resolution at law firm Khaitan Legal Associates has set up his own boutique law firm, ......
Infrastructure
Andhra Bank files bankruptcy case against Mumbai realtor
Public sector lender Andhra Bank Ltd has moved the Mumbai bench of the National Company Law Tribunal, the designated court ......
Infrastructure
NCLT admits Alchemist ARC's insolvency case against Nagpur power company
The Mumbai bench of National Company Law Tribunal has admitted an insolvency application filed by Alchemist Asset Reconstruction Company Ltd ......
Manufacturing
Banyan Tree Capital-backed firm wins case against Baring PE Asia portfolio company
In a major relief to a Banyan Tree Growth Capital Ltd-backed firm, the National Company Law Tribunal has dismissed a ......
Manufacturing
StanChart PE-backed Innoventive Industries challenges liquidation process
Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, has approached the Mumbai bench of National ......
Consumer
Promoters of Vadilal ice cream decide to settle family feud out of court
The warring promoters of the country’s oldest ice cream brand Vadilal have decided to settle the family feud out of ......
People
Vikram Bakshi gets a thumbs-up; McDonald's told to reinstall ousted India MD
Vikram Bakshi, who was removed by McDonald’s Corp as the head of its India joint venture four years ago, has ......
Finance
Rabobank to merge India units, focus on M&A advisory
Dutch food and agriculture financing conglomerate Rabobank UA has decided to consolidate its operations in India to focus more on ......
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