Search For "resolution plan"
Cases under IBC closed through approval of resolution plans jump to 29 per
Updated : 1 year, 11 months ago IST
This uptick in resolutions is attributed to various structural improvements initiated by the Insolvency and Bankruptcy Board of India (IBBI), indicating positive momentum in the resolution landscape.
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Cyril Amarchand Mangaldas advises on CIRP of Sharon Bio-Medicine
Updated : 2 years, 7 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], August 2: Cyril Amarchand Mangaldas acted as legal counsel for Resolution Professional (RP) and Monitoring Committee of Sharon Bio-Medicine Limited in the corporate insolvency resolution process (CIRP) of Sharon Bio-Medicine Limited (Sharon), a listed
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Cyril Amarchand Mangaldas advises JSW Steel Coated Products on CIRP of Nat
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], July 7: Cyril Amarchand Mangaldas advised and represented JSW Steel Coated Products Limited (JSW Steel Coated Products) in connection with the submission and implementation of a resolution plan for National Steel & Agro Industries Limited ("Target
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Cyril Amarchand Mangaldas advises APSEZ on acquisition of KPPL under IBC
Updated : 2 years, 11 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], April 11 (ANI/BusinessWire India): Cyril Amarchand Mangaldas acted as legal counsel for Adani Ports And Special Economic Zone Limited (APSEZ), in relation to the acquisition of Karaikal Ports Private Limited (KPPL), a company undergoing corporate inso
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Patanjali Foods' promoters say shareholding freeze won't impact company's
Updated : 3 years ago IST
Earlier the stock exchanges had put a freeze on the shares owned by the promoters for not meeting the minimum public shareholding (MPS) requirements as specified in the Securities Contracts (Regulation) Rules, 1957, of Securities and Exchange Board of India (SEBI).
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Adani Realty's Ten BKC to Be Delivered in 2024, Homeowners Rejoice
Updated : 3 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 19 (ANI/BusinessWire India): The National Company Law Tribunal ("NCLT") has on 9th January 2023 approved the resolution plan submitted by Adani Goodhomes Pvt. Ltd. for the takeover of Radius Estates & Developers Pvt. Ltd, viz. the special purpose veh
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NCLT transfers ownership of Jet Airways to Jalan-Kalrock Consortium
Updated : 3 years, 2 months ago IST
The National Company Law Tribunal (NCLT) has given the consortium six months from the effective date to pay dues to various creditors and has set November 16, 2022, as an effective date.
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Cyril Amarchand Mangaldas advises Nithia Capital and Jai Saraf in relation
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra)/New Delhi [India], May 30 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to Nithia Capital Resources Advisors LLP and Jai Saraf ("Resolution Applicants") in connection with the submission, negotiations with the committee of creditors and implementat
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SC asks NCLT, NCLAT to strictly adhere to IBC timelines, clear pending res
Updated : 4 years, 6 months ago IST
New Delhi [India], September 13 (ANI): The Supreme Court on Monday urged the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) to strictly adhere to the timelines stipulated under the Insolvency and Bankruptcy Code (IBC) and clear pending resolution pla
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HCC net loss lowers to Rs 90 crore in Q4
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 23 (ANI): Infrastructure major Hindustan Construction Company (HCC) on Wednesday reported a net loss of Rs 90 crore in the January to March quarter versus a net loss of Rs 212 crore in the same period of previous fiscal.
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Reliance Home Finance takes up resolution plan approved by lenders
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The board of directors at Reliance Home Finance (RHF) on Monday took note of a resolution plan approved by lenders under the Reserve Bank of India's (RBI's) prudential framework for resolution of stressed assets.
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RBI releases expert panel report on resolution framework for COVID-19 rela
Updated : 5 years, 6 months ago IST
New Delhi [India], September 8 (ANI): The Reserve Bank of India on Monday released the report of Expert Committee under the chairmanship of KV Kamath which was constituted to make recommendations on the required financial parameters to be factored in the resolution plans under the 'Resoluti
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