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December 27, 2023
The article provides a brief look at important orders passed by the NCLAT under the IBC between October 16 and October 31, 2023.
August 16, 2023
The Anil Agarwal company offered ₹1,440 crore against admitted claims of ₹4,625 crore, equating to a 31% recovery, distributed among lenders, trade creditors and employees.
June 14, 2022
Srei Equipment Finance said its administrator has received a report from transaction auditor about certain fraud transactions in 2019-20 and 2020-21
June 14, 2022
The application has been filed before the NCLT under Section 60(5) and Section 66 of the Code on June 10, 2022, , Srei Equipment Finance
June 13, 2022
The Srei group companies, which are undergoing corporate insolvency resolution process, came under duress during the Coronavirus-induced lockdown, as non-payment from its customers led to asset-liability mismatches.