NCLAT Sets Aside Private Sale of Corporate Power Ltd, Directs Liquidator to Hold Fresh Swiss Challenge Auction with EMD Capped at 10% of ₹265 Cr Reserve Price

The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has issued a significant ruling in the liquidation of Corporate Power Limited (CPL), setting aside the earlier private sale process and directing the liquidator to conduct a fresh sale via the Swiss Challenge Mechanism. The judgment was delivered in a batch of appeals…

The request could not be satisfied

ERROR: The request could not be satisfied The request could not be satisfied. Request blocked. We can’t connect to the server for this app or website at this time. There might be too much traffic or a configuration error. Try again later, or contact the app or website owner. If you provide content to customers…

Related Parties Misused Insolvency To Wipe Out Public Shareholding, NCLAT Sets Aside Techindia CIRP

The National Company Law Appellate Tribunal (NCLAT) at Delhi has set aside insolvency proceedings against Techindia Nirman Limited, holding that the Corporate Insolvency Resolution Process was fraudulently and collusively initiated by a related-party financial creditor to wipe out public shareholding. It imposed a cost of Rs 25 lakh on the financial creditor for abusing the……

Debt is robbing our joy

By Chuck Bentley, CP Guest Contributor Friday, December 19, 2025 Dear Chuck, My wife and I earn about $11,000/month combined, but with lots of student loan debt, our money is gone by the end of the month. I’m super frustrated that we are unable to save or get ahead. Something’s always coming up—causing us to…

No Cookies | Daily Telegraph

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…