financial distress
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SCARD Bank Liquidation Process Underway in J&K
Jammu, April 2 The money of depositors in the Jammu and Kashmir State Cooperative Agriculture and Rural Development Bank is safe, Cooperative Minister Javid Ahmad Dar said on Thursday, noting that the process to appoint a liquidator is underway following an alleged embezzlement of Rs 181 crore...- Himanshu
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- banking regulation act cooperative bank cooperative minister cooperative societies act embezzlement financial distress financial investigation government guarantee jammu and kashmir legislative assembly liquidation registrar of co-operative societies state cooperative agriculture and rural development bank state government
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- Forum: Business
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Vedanta vs Adani: Dispute Over Jaypee Group Asset Acquisition Intensifies
Anil Agarwal Claims Bid Win Was Reversed Anil Agarwal, Chairman of Vedanta Group, stated that the company was initially declared the highest bidder for acquiring Jaiprakash Associates Ltd (JAL) through the insolvency process, but the decision was later reversed.In a social media post, Agarwal...- Himanshu
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- adani enterprises bankruptcy code (ibc) cement manufacturing committee of creditors (coc) delhi engineering & construction financial distress india insolvency proceedings jaiprakash associates ltd (jal) jaypee group nclat (national company law appellate tribunal) nclt (national company law tribunal) power real estate resolution plan vedanta
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- Forum: Business
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Airline Industry Stability Under Government Review
11 Airlines Exit Indian Market in Last 10 Years: Government New Delhi, March 23 – The government informed the Rajya Sabha on Monday that 11 airlines have exited the Indian aviation market over the past decade due to financial stress, lack of aircraft, and other internal issues.Minister of... - H
IL&FS Debt Crisis: NCLAT Waives CSR Obligations for Key Entities
NCLAT Grants CSR Exemption to IL&FS Red and Amber Companies Amid Debt Resolution Tribunal Relief Covers Around 50 IL&FS Entities Under Moratorium New Delhi, March 22: The National Company Law Appellate Tribunal (NCLAT) has granted relief to IL&FS Group companies classified under the ‘red’ and...