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The Corporate Insolvency Resolution Process (“CIRP”) of a real estate company is fairly divergent from other sectors. The stressed real estate company may have multiple projects that may be at...

JAN FEB 2024 India is poised to sustain its economic growth momentum in the fiscal year 2025, anticipating a growth rate of around 7 percent. The country’s

The Firm assisted Resolution Applicants Yura Business & Gupta Steel in submission of the Resolution Plan.

The National Company Law Tribunal (“NCLT”), Hyderabad Bench, comprising of Dr. Venkata Ramakrishna Badarinath Nandula (Judicial Member) and Shri Charan Singh (Technical Member), while adjudicating...

NOTICES Notice No. 20230420-43 Notice Date ... | April 20, 2023

Torrent Investments Private Limited has moved the Supreme Court against the decision of National Company Law Appellate Tribunal (NCLAT) allowing Reliance Capital Ltd to hold another round of auction for the debt-ridden firm which is undergoing an insolvency process.

Read Latest Agency News Quickly Here | The CoC may proceed to fix a date after two weeks for holding a Revised Challenge Mechanism or/and to take any steps for further negotiations with the Resolution Applicants as per the relevant Clauses of the RFRP and further exclusion of 30 days period is allowed, NCLAT said.

The order also said the creditors had the power to negotiate and call for a higher bid for the sale of the Anil Ambani-promoted company

The order also said the creditors had the power to negotiate and call for a higher bid for the sale of the Anil Ambani-promoted company

The deadline for the submission of Resolution Plan for Reliance Capital (RCAP) is likely to be extended yet again as bidders seek more time to complete the due diligence process.According to sources, few bidders, including Piramal, Torrent, ...