Corporate Debt Restructuring News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IDBI Bank has raised governance concerns over the exclusion of nominee directors from board meetings of New Tirupur Area Development Corporation Ltd (NTADCL) post-loan repayment. Despite provisions allowing their retention until all dues are settled, the directors were excluded, leading IDBI Bank to write to the Registrar of Companies (ROC). NTADCL, which underwent Corporate Debt Restructuring in 2011, excluded IDBI Bank and SBI's nominee directors, citing vacancy due to loan repayment. IDBI Bank seeks ROC's intervention to assert its right to retain Nominee Directors until all dues are cleare...

Recently, Narendra Modi government completed 9 years in office as multi-lateral agencies were vying to label Indian economy as bright spot in a dark global economy. As one moves the needle back to 2014, when...

According to the Sebi order, ESL’s inflated figures came to light after it declared Edu Smart Services (ESSPL) as its subsidiary

The board has fixed April 26, 2023, as the record date for determining entitlement of members for the purpose of payment of special interim dividend which will be completed by May 17, 2023, the company said.

Get latest articles and stories on India at LatestLY. The bench of Justice Jasmeet Singh, Delhi High Court granted interim relief to Manoj Jayaswal, in a petition seeking the quashing of FIR registered by CBI on the basis of a written complaint submitted by Union Bank of India alleging a fraud of Rs. 4037 Cr on the part of Manoj Jayaswal, the Director of the Corporate Power Ltd. India News | Delhi HC Directs CBI to Give 7 Days Notice Before Arresting Businessman Manoj Jayaswal.