corporate insolvency resolution process

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    UltraTech Settles Arbitration Dispute with Jaiprakash Associates

    New Delhi, March 26 Leading cement maker UltraTech Cement on Thursday said it has settled with Jaiprakash Associates Ltd (JAL) in the arbitration dispute over the Dalla Super unit and associated mines.In a regulatory filing, UltraTech Cement said 1,00,000 Series A Redeemable Preference Shares...
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    Money Laundering Investigation Leads to Delhi Police Action Against Experion

    Gurugram Real Estate Firm Faces Fraud Charges in Money Laundering Probe Gurugram, March 26 – The Economic Offences Wing of the Delhi Police has filed an FIR against Gurugram-based real estate firm Experion Developers Private Limited and its related entity Experion Capital Private Limited for...
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    NTPC-MAHAGENCO Consortium Completes Acquisition of Sinnar Thermal Power Under IBC

    Sinnar Thermal Power Takeover Finalised Through Insolvency Process New Delhi, February 25: State-owned power major NTPC Ltd on Wednesday announced that a consortium comprising the company and Maharashtra State Power Generation Company Ltd has completed the acquisition of Sinnar Thermal Power Ltd...
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    NCLAT Allows Withdrawal of Insolvency Proceedings Against Mahagun After Settlement With IDBI Trusteeship

    Settlement Brings Relief to Realty Firm Mahagun The National Company Law Appellate Tribunal has directed the withdrawal of insolvency proceedings against real estate firm Mahagun (India) after the company reached a settlement with its financial creditor.A two member bench of the appellate...
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    NCLT Appoints Two Member Committee to Review Jaypee Infratech Project Progress Under Suraksha Group

    Committee to Assess Construction Status and Address Homebuyers’ Grievances New Delhi, February 16: The National Company Law Tribunal has appointed a two member committee to assess the progress of construction of projects undertaken by Jaypee Infratech Ltd, which is currently controlled by the...
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