SITI Networks Discloses ₹1,206 Cr Default Amid Ongoing Insolvency

AuthorAkshat Lakshkar|Published at:2nd March 2026, 5:13 pm Overview SITI Networks Limited has formally disclosed a significant default on interest and principal payments for loans totalling ₹1,206.03 crore. This disclosure comes as the company continues its Corporate Insolvency Resolution Process (CIRP), initiated in February 2023. The ongoing legal proceedings and financial distress highlight a critical situation…

Can I Be a Director After Liquidation?

Wondering if you can be a director again after your company has gone through liquidation? Here’s what you need to know about the rules, restrictions, and how to avoid common pitfalls. The general rule If your company has been liquidated, you are generally allowed to become a director of another company. However, there are important…

NCLAT dismisses Dhoot brothers’ plea in ₹5,354 crore SBI insolvency case, ETLegalWorld

NCLAT dismisses Dhoot brothers’ plea in ₹5,354 crore SBI insolvency case New Delhi: The appellate tribunal NCLAT has dismissed petitions filed by two Dhoot brothers – Rajkumar Nandlal Dhoot and Pradeep Nandlal Dhoot, challenging the initiation of personal insolvency against them over a default committed by debt-ridden Videocon Industries. Personal Insolvency against the Dhoot brothers…

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To use this website, cookies must be enabled in your browser. 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 making requests to websites without cookies that had previously been set. This appears to be a…