Former Provogue director alleges ₹90-crore fraud during insolvency as police and EOW begin probe | Representational Image Mumbai, Nov 19: A complaint has been filed by Nikhil Chaturvedi, former Director of Provogue India Ltd., alleging a massive financial fraud during the company’s insolvency and liquidation proceedings during 25 September 2018 to 25 April 2023. FIR…
Adani Enterprises Ltd (AEL), the flagship firm of Gautam Adani, has secured creditor approval for its Rs 14,535 crore bid to acquire the bankrupt Jaiprakash Associates (JAL). The Adani Group company outbid Vedanta and Dalmia Bharat in the race for the infrastructure group. “This is to inform that the Committee of Creditors (CoC) of JAL,…
NCLT admits Canara Bank’s insolvency petition against KTPL, initiating CIRP over a reported ₹330.40 crore loan default | Representative Image Mumbai, Nov 19: The National Company Law Tribunal (NCLT) has admitted an insolvency petition filed by Canara Bank against Karanja Terminal & Logistics Private Limited (KTPL), thereby commencing the Corporate Insolvency Resolution Process (CIRP) under…
From unwavering leadership to billion-dollar bankruptcy: Understanding the collapse of Oi. A Brazil’s largest operator went bankrupt. In a conclusion that brings to a close one of the longest and most turbulent attempts at judicial recovery in the country. The trajectory of the Oi group is a complex case study, marked by ambition, power, and…
New Delhi, Nov 19 (PTI) Business tycoon Gautam Adani has won the approval of creditors of Jaiprakash Associates (JAL) for its Rs 14,535 crore acquisition proposal for the bankrupt infrastructure group. Adani Enterprises, the flagship firm of Adani Group, outbid Vedanta and Dalmia Bharat to win the bid for JAL. “The Committee of Creditors (COC) of Jaiprakash…
Adani’s Rs 14,535 cr bid for Jaiprakash Associate gets lenders’ nod Press Trust of India Read the original article here
Holly Willoughby’s media company has had winding-up proceedings against it dismissed at a specialist insolvency court. Roxy Media, the media production and management firm directed by the TV presenter and her husband, Dan Baldwin, was issued with a winding-up petition by His Majesty’s Revenue & Customs (HMRC) in January which could have led to the…
EY comments on Insolvency Service October 2025 data | EY – UK EY Read the original article here
Adani Enterprise’s Resolution Plan for Jaiprakash Associates Secures 93.81% Approval from Creditors scanx.trade Read the original article here
Update for Holly Willoughby’s company over £377,000 ‘unpaid tax bill’ Kent Live Read the original article here