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A technicality in SREI's insolvency case has auditors at KPMG baffled

A technicality in SREI's insolvency case has auditors at KPMG baffled
rashtranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rashtranews.com Daily Mail and Mail on Sunday newspapers.

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Focus on suspect Srei transactions

The legal team working on the insolvency resolution of the Kolkata-based Srei group is digging through more suspect transactions beyond the ones disclosed on Monday, a person aware of the matter said.

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National Company Law Tribunal allows RBI's insolvency plea against Reliance Capital

NCLT Mumbai has allowed plea filed by RBI against Reliance Capital Limited seeking initiation of the Corporation Insolvency Resolution Process under the Insolvency and Bankruptcy Code (IBC).

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RBI supersedes boards of 2 Srei group lenders

The RBI on Monday seized two lenders of the Kolkata-based Srei group citing governance issues and payment defaults, in preparation for referring them to a bankruptcy court.

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Srei Equipment Finance's company secretary resigns; banks lift salary cap

The Srei group continues to face human resource crisis with Srei Equipment Finance (SEFL) company secretary putting in her papers on Monday, even as the banks have lifted the cap on the salary of senior-level executives.
Srei Infrastructure Finance Ltd (SIFL), the parent company of Srei Equipment, saw its company secretary Sandeep Kumar Lakhotia resigning earlier in March this year.
"We wish to inform that Ritu Bhojak, company secretary of Srei Equipment Finance Ltd has resigned from the position of Company Secretary & Compliance Officer of the company and will be relieved w.e.f. close of working hours of 10th May, 2021," SEFL said in a statement.

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Srei lenders weigh forensic audit of two group firms

Srei lenders weigh forensic audit of two group firms
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