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Ifci Venture Capital Funds Limited vs Srgp Corporation Limited on 22 February, 2024

Ifci Venture Capital Funds Limited vs Srgp Corporation Limited on 22 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.

India , Madhya-pradesh , Allahabad , Uttar-pradesh , Praga , Praha , Hlavníesto , Czech-republic , Shanghai , China , Ganges-nagar , West-bengal

S. S. Ahmed vs Department Of Financial Services on 21 February, 2024

S. S. Ahmed vs Department Of Financial Services on 21 February, 2024
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Nirmal , Andhra-pradesh , India , New-delhi , Delhi , Jammu , Jammu-and-kashmir , Rohit-anand , Baba-gangnath-marg , Supriya-chauhan , Khanapuram-gandaiah , Anandi-ramalingam

Association For Democratics Reforms vs Union Of India on 15 February, 2024

Association For Democratics Reforms vs Union Of India on 15 February, 2024
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India , Bombay , Maharashtra , State-of-uttar-pradesh , Uttar-pradesh , State-of-new-south-wales , New-south-wales , Australia , Canada , United-kingdom , State-of-andhra-pradesh , Andhra-pradesh

The Authorised Officer Central Bank Of ... vs Shanmugavelu on 2 February, 2024

The Authorised Officer Central Bank Of ... vs Shanmugavelu on 2 February, 2024
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India , France , Bombay , Maharashtra , New-delhi , Delhi , Bankura , West-bengal , United-kingdom , Madras , Tamil-nadu , State-of-kerala

idbi bank: IDBI Bank ropes in EY to sell ₹4,000 cr distressed debt

IDBI Bank hopes to recover about 15-18% from the portfolio sale, one of the people said. It has 631 accounts with principal loans of ₹4,000 crore. These include Daewoo Motors, Malvika Steel, Mardia Chemicals, Modi Rubbers, Precision Fasteners, Rajinder Steels, Steel Tubes of India, Surana Oil, Usha Ispat and Western India Shipyard. The distressed asset portfolio sale comes around the time when the promoters of the bank are preparing to sell a part of their stake. Life Insurance Corporation holds 49.2% of the bank, while the government owns 45%. Together, they plan to offload a 60.7% stake.

India , Sunil-mehta , Usha-ispat , Jayakumar-pillai , Cyril-amarchand-mangaldas , Suresh-khatanhar , Assets-stabilisation-fund , India-shipyard , Indian-banks-association , Life-insurance-corporation , Surana-oil , Idbi-bank

Celir Llp vs Bafna Motors (Mumbai) Pvt. Ltd. on 21 September, 2023

Celir Llp vs Bafna Motors (Mumbai) Pvt. Ltd. on 21 September, 2023
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Mumbai , Maharashtra , India , Hindustan , India-general- , State-of-uttar-pradesh , Uttar-pradesh , United-states , Allahabad , Nerul , Goa , Guntur

Power under SARFAESI Act can have disastrous consequences on borrowers; DRT must apply mind while passing interim order: Kerala High Court

Justice Gopinath P said that Debt Recovery Tribunals must be cognizant of the fact that the powers conferred under the SARFAESI Act are drastic, which can have disastrous consequences for the borrower.

India , Justice-gopinath , Mardia-chemicals-ltd , Supreme-court , Union-of-india , Mardia-chemicals , Kerala-high-court , Kerala-hc , Kerala-high-court-news , Kerala-hc-news , Sarfaesi , Drt

Prudent Arc Limited vs Sidha Neelkanth Paper Industries ... on 22 December, 2020

Prudent Arc Limited vs Sidha Neelkanth Paper Industries ... on 22 December, 2020
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Andhra , Andhra-pradesh , India , Delhi , Allahabad , Uttar-pradesh , Bombay , Maharashtra , Muneesh-malhotra , Saroj-jindal , Milkhi-ram , Pushpa-devi