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Magnum Ventures: Neo Asset buys Rs 150-crore NCDs of Magnum Ventures

This fund will be used to repay the debt of Alchemist ARC. In the past, the company had faced various liquidity issues that resulted in defaults of its bank loans and subsequently debt was assigned in favour of an ARC.

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SEBI Imposes Rs2 Lakh Penalty on DS Kulkarni Developers for Failing To Create Debenture Redemption Reserve for NCD

Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs2 lakh on DS Kulkarni Developers Pvt Ltd for the company's failure to create a debenture redemption reserve (DRR) to protect non-convertible debenture (NCD) holders.

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Explained: Why ex-SBI chief Pratip Chaudhuri's arrest has baffled banking industry

Pratip Chaudhuri’s arrest in connection with an alleged loan scam case has sent shockwaves across the public sector banking space, leaving many top bankers in disbelief.

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Jaisalmer Police arrested Pratip Chaudhuri, the former Chairman of the State Bank of India, in a loan case,; Why?

Jaisalmer Police arrested Pratip Chaudhuri, the former Chairman of the State Bank of India, in a loan case,; Why?
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Ex-SBI chairman arrested in alleged loan scam case

He was reportedly arrested by the Jaisalmer Sadar police from his home in the national capital after his bail application was rejected by a magistrate’s court

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Insolvency Law In Review - December 2020

Insolvency Law In Review - December 2020
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