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Kunwer Sachdev vs 1 Idbi Bank & Ors on 12 February, 2024

Kunwer Sachdev vs 1 Idbi Bank & Ors on 12 February, 2024
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.

nclt: RCap Administrator submits name of IIHL as successful bidder for NCLT approval

In the first auction on December 21, Torrent Investments made the highest offer of Rs 8,640 crore, while the Hinduja Group entity offered Rs 8,110 crore. However, within 24 hours, the Hinduja entity gave a revised, improved offer of Rs 9,000 crore, a development contested by Torrent.

Reliance Capital Administrator submits name of IIHL as successful bidder for NCLT approval

The administrator has filed an application under Section 30 (6) of the Insolvency and Bankruptcy Code, 2016, for submission of the resolution plan of IIHL as approved by the Committee of Creditors of Reliance Capital Limited, with the Adjudicating Authority National Company Law Tribunal (NCLT), Mumbai Bench, RCap said in a regulatory filing.

Moratorium under Bankruptcy Code applies only to corporate debtor not to its promoters: Supreme Court

Moratorium under Bankruptcy Code applies only to corporate debtor not to its promoters: Supreme Court
orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.

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