Search For "insolvency proceedings"
SBI initiates insolvency proceedings against Bajaj Hindusthan Sugar
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 16 (ANI): The country's largest lender State Bank of India has initiated insolvency proceedings against Bajaj Hindusthan Sugar Limited, the company informed the stock exchanges on Tuesday.
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SC assures to protect interest of homebuyers in Supertech's twin tower
Updated : 3 years, 11 months ago IST
New Delhi [India], April 4 (ANI): The Supreme Court on Monday assured that it will protect the interest of homebuyers in Supertech's twin tower in view of the Interim Resolution Professional (IRP) appointed in the insolvency proceedings against the real estate company.
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NCLT declares real estate developer Supertech insolvent for default of Rs
Updated : 4 years ago IST
New Delhi [India], March 25 (ANI): National Company Law Tribunal (NCLT) on Friday ordered insolvency proceedings against real estate developer Supertech Ltd for default of Rs 431.92 crore.
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NCLT declares real estate developer Supertech insolvent
Updated : 4 years ago IST
New Delhi [India], March 25 (ANI): The National Company Law Tribunal (NCLT) on Friday ordered insolvency proceedings against real estate developer Supertech Ltd, which has a debt burden of around Rs 1,200 crore.
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SC refuses to pass interim order to restrain lenders from declaring Future
Updated : 4 years, 1 month ago IST
New Delhi [India], February 3 (ANI): The Supreme Court on Thursday refused to pass any interim order on a petition of Future Retail Limited (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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SC seeks banks' response on Future Retail's plea to restrain lenders from
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The Supreme Court on Tuesday asked a consortium of banks to file an affidavit on a fresh petition of Future Retail Ltd. (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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Insolvency proceedings against Reliance Capital begin; RBI files applicati
Updated : 4 years, 3 months ago IST
New Delhi [India], December 3 (ANI): The Reserve Bank on Thursday filed an application for the initiation of the Corporate Insolvency Resolution Process (CIRP) against Reliance Capital under sections of Insolvency and Bankruptcy Code, 2016 at the Mumbai Bench of the National Company Law Trib
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IBC extension, reforms, focus on rural economy among laudable features of
Updated : 5 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Describing emergent measures like one-year abeyance for the insolvency proceedings under Insolvency and Bankruptcy Code (IBC) and further reducing company law compliance burden as a hallmark of an agile and responsive government, the ASSOCHAM today said the P
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RBI files application for bankruptcy proceedings against DHFL
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
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RBI supersedes DHFL board, to initiate insolvency proceedings
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 20 (ANI): The Reserve Bank of India (RBI) on Wednesday superseded the board of beleaguered Dewan Housing Finance Corporation Limited (DHFL) as it "intends to shortly" initiate the process of insolvency.
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NCLAT stays proceedings in Raheja Developers insolvency case, reserves ord
Updated : 6 years, 5 months ago IST
New Delhi [India] Oct 14(ANI/BusinessWire India): In a relief to Delhi based Raheja Developers Ltd, National Company Law Appellate Tribunal (NCLAT) has reserved its order in the case of insolvency proceedings and ordered a stay on Publication of Notices, Claims and Constitution of Committee
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IBC Amendment Bill to address concerns over delay in insolvency proceeding
Updated : 6 years, 8 months ago IST
New Delhi [India], July 29 (ANI): Union Finance Minister Nirmala Sitharaman on Monday the Insolvency and Bankruptcy Code Amendment Bill 2019 contains measures to dispel concerns over extensive litigation causing undue delays in insolvency proceedings.
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