INE020A01010) Faces Uncertainty Amid Restructuring Efforts and Bo

Nicco Corporation Ltd stock (ISIN: INE020A01010), the Kolkata-based engineering conglomerate, remains under pressure from ongoing corporate insolvency proceedings and recent bondholder actions. With shares trading thinly on the BSE, investors eye potential revival through asset monetization, but legal hurdles persist. European investors tracking emerging market small-caps should note the high-risk profile in India’s NCLT framework.…

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Oldham man disqualified after exploiting Covid loan

Stephen Cornwell-Dobson, 44, provided incorrect turnover figures in order to access a greater loan, according to the Insolvency Service. He has now been disqualified and the company, XS Rentals Ltd, has been liquidated. During the Covid pandemic, the previous government introduced the BBL scheme to help companies try to survive. The terms of the scheme…

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Adani secures $1.7-bn takeover of bankrupt Jaypee Group in major infra win| Business News

The National Company Law Tribunal has approved Adani Enterprises Ltd.’s ₹14,535 crore ($1.74 billion) resolution plan to acquire bankrupt infrastructure heavyweight Jaiprakash Associates Ltd. The ruling, delivered orally by NCLT’s Allahabad bench on Tuesday, 17 March 2026, marks the culmination of a high-stakes insolvency process and hands billionaire Gautam Adani a sprawling portfolio of cement,…

NCLT clears Adani Enterprises resolution plan, but legal hurdles remain for buyers of Jaypee Sports City | Noida News

Noida: The National Company Law Tribunal (NCLT) has approved Adani Enterprises‘ Rs 14,535-crore resolution plan for Jaiprakash Associates Ltd (JAL), under the Insolvency and Bankruptcy Code, 2016. However, the fate of its stalled Jaypee Sports City project — and thousands of affected homebuyers —near the upcoming Noida International Airport hinges on the outcome of a…