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NARCL, Omkara ARC in fray for Wind World debt

State-owned National Asset Reconstruction Company (NARCL) and Manish Lalwani-promoted Omkara Assets Reconstruction Company (ARC) are in the fray to acquire the debt of wind turbine manufacturer Wind World (India) that has been under corporate insolvency process for over five years.

Business-news , Breaking-newsbudget , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Idbi-bank , Narcl , Omkara-arc , Debt

It is time for a full-scale overhaul of the Insolvency and Bankruptcy Code

It is time for a full-scale overhaul of the Insolvency and Bankruptcy Code
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

India , Mumbai , Maharashtra , Harsh-goenka , Anil-ambani , Mukesh-ambani , National-company-law-tribunal , Committee-of-creditors-cocs , Reliance-communications-rcom , Parliament-on , Vedanta-group , Reliance-projects-property-management-services-ltd

gvk: Punjab Utility set to buy GVK power plant - The Economic Times

​Last week, lenders unanimously voted on a resolution plan given by Punjab State Power Corp (PSPCL), said the people cited above. KPMG-backed resolution professional, Ravi Sethia, has filed an application with the National Company Law Tribunal (NCLT) to get the plan approved.

Punjab , India , Shiromani-akali-dal , Ravi-sethia , Punjab-state-power-corp , Supreme-court , National-company-law-tribunal , Goindwal-sahib , Adani-power , Jindal-power , Shiromani-akali , Gvk

Needs to be Sealed Another Bad News For Supertech Residents in Noida. Read Details

The Supertech Group condemned the action of the district administration. "The illegal action has caused tremendous hardship to the home buyers who need to visit these offices for their various needs," a company executive said., Delhi News, Times Now

Uttar-pradesh , India , Dadri , Patna , Bihar , Vandita-shrivastav , Gautam-buddh-nagar , Supreme-court , Patna-school-timings-revised-classes-to-close , National-company-law-tribunal , Supertech-group , Real-estate-regulatory-authority

Supertech Group's Office Sealed By Noida Administration Over Dues

The Gautam Buddh Nagar district administration has sealed the office of real estate major Supertech Group in Noida over dues, officials said on Wednesday.

Dadri , Uttar-pradesh , India , Vandita-shrivastav , Gautam-buddh-nagar , Real-estate-regulatory-authority , Supreme-court , Supertech-group-in-noida , National-company-law-tribunal , Supertech-group , Supertech-limited , Supertech-township

NCLAT dismisses plea by Go Airlines challenging withdrawal of insolvency proceedings against Sovika Aviation

The National Company Law Appellate Tribunal (NCLAT) last week rejected a plea by Go Airlines challenging an order of the NCLT, Mumbai permitting withdrawal of insolvency proceedings against Sovika Aviation Services

Mumbai , Maharashtra , India , Ashok-kumarmishra , Justice-ashok-bhushan , Committee-of-creditors-co , Go-airlines , Sovika-airlines , Bankruptcy-code , Corporate-insolvency-process , Nclt , Nclat