Category: IBC-SEBI

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/adani-group-piramal-among-4-bidders-for-dhfl-lenders-stare-at-over-rs-60000-crore-write-off/articleshow/78735446.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In November, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings.

Clipped from: https://www.thehindubusinessline.com/markets/dont-leave-shareholders-of-stressed-cos-in-the-lurch/article31925626.ece Hopes of better valuation post takeover a pipe dream Last week, shareholders of Adhunik Metaliks, who were hoping for a better deal from

Clipped from: https://www.thehindubusinessline.com Ashok Leyland is betting big on the modular truck platform Avtr× CEO says company will stick to its business plans Ashok Leyland on

Clipped from: https://www.business-standard.com In the last two months, the majority owners of Vedanta, Adani Power, and Hexaware Technologies have proposed buying out all publicly traded shares

Clipped from: https://www.business-standard.com The new pricing formula for allotment of shares under the preferential issue will be higher of the average 12-week price or 2-week price.

Clipped from: https://www.financialexpress.com At a board meeting, the regulator allowed companies to acquire shares via bulk and/or block deals, during open offers, and also amended the

Clipped from: https://economictimes.indiatimes.com The company has sought “flexibility up to March 31, 2021, for implementation” of the Rs 19,700 crore resolution plan due to the “dislocation

Clipped from: https://www.thehindubusinessline.com A batch of 10 unsecured financial creditors, presumably private financiers of Vasan Health Care, have moved the National Company Law Tribunal seeking adjudication

Clipped from: https://economictimes.indiatimes.com The three year old case for the resolution of bankrupt Amtek Auto could finally see completion this week after the Supreme Court (SC)

Clipped from: https://www.thehindubusinessline.com Also allows three more months for India Inc to invest 15% of maturing debentures in liquidity instruments The Corporate Affairs Ministry (MCA) has

Clipped from: https://www.financialexpress.com/ In anticipation of the suspension of the Insolvency Code, the stakeholders had already voiced their opinion against taking away the ability of a

Clipped from: https://economictimes.indiatimes.com Foreign buying in some firms may breach FDI limits in subsidiaries New rules allow full foreign ownership in listed companies unless the firm

Clipped from: https://www.business-standard.com Sebi’s move a relief for cash-strapped companies The Securities and Exchange Board of India (Sebi) last week released an amended set of guidelines on takeovers