Search result for 'idbi trusteeship'

NCLAT overturns insolvency proceedings against Mahagun, directs NCLT to reconsider petition. Relief for the realty firm.

Williamson Magor Group faces financial stress after a Rs 508cr arbitral award against McLeod Russel and Williamson Financial Services.

NCLAT stays insolvency proceedings against Reliance Infrastructure after the company made full payment of Rs 92.68 crore to Dhursar Solar Power Pvt Ltd. The NCLT Mumbai bench had earlier admitted...

Reliance Infrastructure made full payment of Rs 92.68 crore to Dhursar Solar Power, rendering the NCLT insolvency order infructuous. The company will appeal for order withdrawal.

Sapphire Media completes acquisition of Big FM 92.7, one of India's largest radio networks, through insolvency proceedings. The acquisition will help Sapphire Media expand its content and media reach.

Coffee Day Enterprises Ltd has reported a total default of Rs 425.38 crore on loans from banks, financial institutions and unlisted debt securities as of March 31, 2025. The company is paring its...

Investcorp Real Estate Yield Fund and 6 others settled with Sebi for violating AIF rules, paying Rs 25.5 lakh. The violation involved exceeding the 2-year tenure and delayed liquidation of...

Coffee Day Enterprises stock soared 20% for the second consecutive day after the National Company Law Appellate Tribunal (NCLAT) overturned insolvency proceedings against the company.

Coffee Day Enterprises stock surged 20% after the NCLAT overturned the insolvency proceedings against the company. The stock hit its 52-week high, rebounding from four consecutive days of losses....

The National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the owner of Cafe Coffee Day. The decision comes after a legal...

Insolvency proceedings against Coffee Day Enterprises Ltd. resume after the NCLAT failed to issue a ruling within the Supreme Court's deadline. The company faces debt issues stemming from the death...

Coffee Day Enterprises is negotiating a settlement with IDBI Trusteeship Services in parallel to NCLAT proceedings following a default of Rs 228.45 crore. The settlement proposal is subject to...

The NCLAT dismissed appeals challenging the sale of Reliance Broadcast Network to Sapphire Media, upholding the NCLT order. The appeals alleged irregularities in the process but were rejected.

Axis Finance, IDBI Bank, and IDBI Trusteeship withdraw their petitions against the Zee Entertainment-Sony Pictures Networks India merger at NCLAT following NCLT's recall of the approval order.

The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates Cafe Coffee Day chain, till the next hearing.

India's National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Cafe Coffee Day, due to a default of Rs 228.45 crore.

Sebi barred two individuals, Gaurav Dedhia and Kajal Savla, from the securities market for 3 years for front-running trades and directed them to disgorge Rs 1.67 crore in illegal gains.

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against media baron Subhash Chandra on a plea filed by Indiabulls Housing Finance. The order comes after a loan default...

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against media baron Subhash Chandra, a guarantor for a loan given to Essel group firm Vivek Infracon Ltd.

The National Company Law Appellate Tribunal (NCLAT) will hear IDBI Bank and Axis Finance's plea against the Zee Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India merger on May...

The National Company Law Appellate Tribunal (NCLAT) has issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over petitions challenging the merger with Culver Max Entertainment. The NCLAT has...

The NCLAT has adjourned the hearing on appeals by Axis Finance and IDBI Bank against the Zee-Sony merger to December 15. The appeals challenge the NCLT order approving the merger, paving the way...