Debt Financing
The Supreme Court has directed the National Company Law Appellate Tribunal (NCLAT) to complete the hearing of the appeal filed by 63 Moons Technologies against the Piramal Group's resolution plan for mortgage financier…
Debt Financing
Serial entrepreneur C Sivasankaran, promoter of Siva Industries, has filed an appeal in the National Company Law Appellate Tribunal (NCLAT), Chennai, against the recent order of the National Company Law Tribunal…
Debt Financing
Dredging contractor Van Oord India Pvt Ltd has filed a petition with the National Company Law Tribunal (NCLT) seeking to recover unpaid dues of INR 93.12 crore from Dredging Corporation of India Ltd (DCI) on a contract…
Debt Financing
The promoters of McLeod Russel India, the country's largest tea producer in India, have reached a settlement with financial creditor, Techno Electric & Engineering, paving the way out of insolvency. The interim…
Debt Financing
British banking group Barclays has bought out the entire Rs 500-crore zero-coupon bond offering by Rare Equity Private Ltd (REPL), a Rakesh Jhunjhunwala controlled company, to finance the latter's recent stake…
Debt Financing
Challenging the "illegal" reduction in its claim by the erstwhile resolution professional (RP) in the Jet Airways revival plan, Punjab National Bank (PNB) has moved the National Company Law Appellate Tribunal (NCLAT)…
Debt Financing
Adani Green Energy Ltd (AGEL) has raised USD 750 million (around INR 5,483 crore) through green bonds. The 3-year bonds carry a coupon of 4.375 %. The notes were rated Ba3 (stable) by Moody's. The issuance was…
Debt Financing
Mumbai-based Hazel Mercantile has emerged as the highest bidder for Reliance Naval and Engineering Ltd (RNEL) with a bid of about INR 2,100 crore – pipping Naveen Jindal group and GMS of Dubai by a huge margin. While…
Debt Financing
The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted a personal insolvency petition against Videocon promoter Venugopal Dhoot just a day after the Ministry of Corporate Affairs (MCA) received…
Debt Financing
The Mumbai bench of the National Company Law Tribunal (NCLT) has ordered the Videocon group's bank accounts frozen and properties attached following a petition by the ministry of corporate affairs. The tribunal has…
